Blogs about Brevard County, State of Florida, and the Nation

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...

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...

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...

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...

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....