Watch for nightmares after ‘Sith’
The News Review:
- Watch for nightmares after ‘Sith’
- High interest in interest-only home loans POPULAR BUT DANGEROUS: If…
- Editorial: No need for ABC dramas
Watch for nightmares after ‘Sith’
DetNews.com – May 20, 2005
0:18 — Anakin crash-lands a spacecraft that looks like the front half of a sea lion. 0:47 — Bob Seger steps on my foot. The home-grown rock star walked into the theater half an hour before show time with his 12-year-old son, a few steps ahead of someone dressed like a movie character. He was a regular dad out for the evening with a regular kid who needed to use the men’s room. Being a good regular dad, Seger went with him, apologizing for the intrusion all the way across the row.
High interest in interest-only home loans POPULAR BUT DANGEROUS: If…
San Francisco Chronicle – May 20, 2005
These loans, which allow borrowers to avoid paying any principal for three years or more, have grown explosively in recent years to become the favored mortgage for buyers in the region, replacing the standby 30-year mortgage preferred a generation ago. They accounted for nearly 70 percent of home purchases in the first two months of the year in San Francisco, Marin and San Mateo counties, up from 18 percent in 2002 and 59 percent in 2004, according to data compiled for The Chronicle by San Francisco mortgage research firm LoanPerformance, a unit of title giant First American Corp. In San Jose, 61 percent of purchase loans in the first two months of 2005 were interest-only, up from 9 percent three years ago. And 78 percent of home buyers in the Vallejo metropolitan area chose interest-only loans, up from 6 percent, according to LoanPerformance, whose research covers a large majority of so-called jumbo mortgages, a very common mortgage type in California…
These loans, which allow borrowers to avoid paying any principal for three years or more, have grown explosively in recent years to become the favored mortgage for buyers in the region, replacing the standby 30-year mortgage preferred a generation ago. They accounted for nearly 70 percent of home purchases in the first two months of the year in San Francisco, Marin and San Mateo counties, up from 18 percent in 2002 and 59 percent in 2004, according to data compiled for The Chronicle by San Francisco mortgage research firm LoanPerformance, a unit of title giant First American Corp. In San Jose, 61 percent of purchase loans in the first two months of 2005 were interest-only, up from 9 percent three years ago. And 78 percent of home buyers in the Vallejo metropolitan area chose interest-only loans, up from 6 percent, according to LoanPerformance, whose research covers a large majority of so-called jumbo mortgages, a very common mortgage type in California. Interest-only loans are usually adjustable-rate mortgages that require no principal payment during an initial period, typically three or five years.
Editorial: No need for ABC dramas
Australian – May 20, 2005
But television languishes in the intellectual equivalent of the 1950s, assuming that the commercial TV networks cannot offer quality competition. Yet a quick look at any prime time program guide will show ABC TV no longer stands out. If the ABC believes it has an inherent ability to create home-grown dramas, there are all sorts of ways it can deliver. It can make shows and sell them to the commercial networks. It can create a pay-TV service solely screening Australian series. And for as long as the commercial networks are compelled to screen local dramas as a licence condition, the ABC can concentrate on the fundamental role of a national broadcaster, to comprehensively analyse and cover the news of the nation. But if the ABC is determined to deliver drama, it could surely redirect money away from its local chat and game shows, entertainment less light than ethereal.