Tid Bits

The average monthly mortgage payment (excluding taxes and insurance) was $1,200 for homes bought in October 2004.

Forty-eight percent of credit card holders had balances less than $1,000 last year. Ten percent had balances of more than $10,000.

These tid bits were gathered from an interesting article about rising interest rates, written by Julius Westheimer, and published on ArbutusTimes.com