Most Homeowners Not Overly in Debt, Fed Chief Says

Article Abstract:

Alan Greenspan believes that the majority of homeowners in the United States are not financially overextended. Only about 5 percent of homeowners have borrowed over 90 percent of their home's value.

Sales & consumption, Homeowners, Beliefs, opinions and attitudes, Greenspan, Alan, United States economic conditions, Industry sales and revenue, Equity (Finance), Residential real estate

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The Ever More Graspable, And Risky, American Dream

Article Abstract:

Years of low interest rates and lax mortgage requirements have led to increased home-ownership among people that might not be able to afford payments if interest rates rise.

Mortgages, Economic aspects, House buying, Home buying

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Foreign Interest Appears to Flag As Dollar Falls

Article Abstract:

The drop in value of the dollar is discouraging foreign investment in United States. The sale of treasury bills has fallen sharply over the last eight months.

Administration of General Economic Programs, Balance of Payments, Intnl Economic Policy, Intnl Economic Relations, Analysis, Foreign investments, Company investment, Investments, International aspects, International economic relations, Government securities, Dollar (United States)

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