Blogs about Brevard County, State of Florida, and the Nation
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PHILADELPHIA – Jan. 27, 2012 – The housing industry has been appealing for a coherent policy that will end the market’s five-year-old downturn and get real estate moving. What President Barack Obama offered Tuesday night in his State...
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CHICAGO – Jan. 27, 2012 – Buying a condominium is getting trickier for anyone who wants to put down only 3.5 percent and have the government insure their mortgage. The issue isn’t just the borrower’s financial wherewithal. It’s...
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WASHINGTON – Jan. 27, 2012 – The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week. The low rates may be contributing to a slow turnaround...
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WASHINGTON – Jan. 26, 2011 – Consumers and businesses can brace for another two years of exceptionally low interest rates after the Federal Reserve said Wednesday it is likely to keep its rates below 1 percent until late 2014 because of the...
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WASHINGTON (AP) – Jan. 26, 2012 – Fewer Americans bought new homes in December, making 2011 the worst sales year on record. The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000....
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