Interest-only loans fueling San Francisco Bay housing market

Times are changing according to this AP story on home ownership in the San Francisco Bay area:

Interest-only loans financed nearly 70 percent of the home purchases in San Francisco, Marin and San Mateo counties during the first two months of this year, based on data analyzed for the San Francisco Chronicle by LoanPerformance, a mortgage research firm. Just 18 percent of the home purchases in those three counties relied on interest-only loans during the same period in 2002.

At least when you get long Soybean futures you'll probably have to put at least 2% down.SanLuisObiso.com