-->From the N.Y. Times via R. Russell:


"A management consultant in Denver, Mr. Thomson bought at $500,000 townhouse last Friday in the suburb of North Cherry Creek. As many other first-time home-owners have done, Mr. Thomson put no money down. Instead he took out a first mortgage for 80 percent of the purchase price and paid the rest by taking a home equity loan against the new house. To reduce his monthly payments, and to qualify for a big enough loan, he took out an adjustable rate mortgage that requires him to make only interest rate payments."

-->Mr. Thomson hat noch mehr eingespart

Ach, und der Dienstleistungssektor boomt *g*

Gruss
Cosa