by admin | Mar 23, 2009 | News
WASHINGTON – March 23, 2009 – Small banks could play a key role in spurring the nation’s economic recovery, Federal Reserve Chairman Ben S. Bernanke said Friday, as many appear strong enough to make new loans while bigger institutions have pulled back. Bernanke urged...
by admin | Mar 23, 2009 | News
It is now $1,901 cheaper to build a new home in Polk County. Answering pleas from the local development community, the Polk County Commission voted Wednesday to reduce impact fees for new home construction by nearly $2,000. In addition to adopting a revised road...
by admin | Mar 20, 2009 | News
WASHINGTON – March 20, 2009 – Rates on 30-year mortgages plunged to a record low Thursday after the Federal Reserve launched a new effort to prop up the flailing housing market. The national average rate on 30-year, fixed mortgages was 4.94 percent on Thursday,...
by admin | Mar 11, 2009 | News
WASHINGTON – March 11, 2009 – Homeowners who decide to rent out their properties have to stop thinking of themselves as homeowners and instead consider themselves as running a small business, experts say. Thinking like a businessperson means focusing on the monthly...
by admin | Mar 10, 2009 | News
WASHINGTON – March 10, 2009 – HOPE NOW, a nonprofit alliance of mortgage companies, housing counselors and others in the lending business, has added a new tool to its website enabling homeowners to initiate a loan modification or refinance with their lenders by...
