Reconstruction efforts are going to place upward pressure on construction material, and this could add another two percent to three percent to new home costs in the coming months, but should be balanced out by slightly lower mortgage rates.

Frank Nothaft

Add Construction Efforts Material Percent Pressure Reconstruction Three Upward

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Even if the loan adjusts upward next year, the amount ARMs are allowed to rise is typically capped at 2 more percentage points. If that happened, the interest rate would be at 7 percent at most -- no higher than the fixed-rate loans,

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About 90 percent of the construction has been done in-house.

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We strip them down to bare bones and add the armor material and the protected glass and then put them back together. We put them together so that you can't tell that they're armored at first glance.

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It might add a little urgency to efforts that are already under way.

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We are going to postpone that... we want to bring maximum relief and construction efforts,

— Pervez Musharraf

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