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...only natural for folks to take interest rates personally. Even though mortgage rates have remained low through the successive hikes, some time (soon?) the ride is going to be over. Today, a 30-year fixed rate mortgage with no upfront points averages about 6 1/8%, according to Bestinfo Inc. - rising 1/8 of a percentage point on Monday - while adjustable rate mortgages are slightly lower. As short-term interest rates rise, so should mortgage rates - though nothing is certain about the real estate market anymore, it seems. Long-term interest rates actually declined over the past year, even...

Author: /time Magazine | Title: Interest Rates and Your Real Estate Options | 8/9/2005 | See Source »

...watch the night PT 109 went up in flames. The U.S. authorities had all but given up hope of finding the missing men, and the good news spread quickly. The Navy sent several PT boats to rescue the marooned sailors, and Gasa and Kumana went along for the ride. "As we left Rendova, the Marines began singing 'Jesus loves me, this I know,'" recalls Gasa. "The PT boat was so fast it felt as if we were flying in the air." Six days after their ordeal began, the sailors were plucked from the island...

Author: /time Magazine | Title: A Friend in Deed | 8/8/2005 | See Source »

...know yet if Rove committed a criminal act. But we do know the answers to other questions: Is he a character assassin? Absolutely. Is he unethical? Without a doubt. Those answers should be enough to ride him out of town on a rail. The Bush Administration, however, will probably give him a raise...

Author: /time Magazine | Title: Letters: Aug. 15, 2005 | 8/7/2005 | See Source »

...Google Labs: A suite of 15 experimental tools such as Web Accelerator, which speeds up surfing; Ride Finder, a way to locate taxis in the U.S.; and Froogle Wireless, for comparing product prices on your cell phone. Google Print: Google has scanned thousands of books?with more to come?whose text you can now search. You can't read the whole volume, but you can see a digital image of the relevant pages. Google Video: Windows users who download Google's video player can see free clips of news, entertainment and more. Though the service is still in its infancy...

Author: /time Magazine | Title: Showdown in Cyberspace | 8/6/2005 | See Source »

Tran didn’t win the competition, which pitted select high-schoolers against a rigorous regime of quizzes, challenges, interviews, and evaluations by a three-member “Scholarship Committee” in a quest for a full-ride college scholarship. He did, however, come away with a $20,000 scholarship and a fame that will likely follow him into the Yard this fall...

Author: By Samuel C. Scott, CRIMSON STAFF WRITER | Title: T.V. ‘Scholar’ Sets Sight on Harvard | 7/29/2005 | See Source »

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