Dow closes above 12,000 milestone The Dow Jones industrial average closed above the 12,000 mark for the first time on Thursday, but looking ahead, the stock market's performance in the coming year will largely hinge
Jobless Claims Fall for Second Week Applications for unemployment benefits dipped for a second straight week, indicating the labor market remains healthy despite a yearlong slowdown in economic growth.The Labor Department reported Thursday that the
What Tenants Need To Know About The Law The Tenant Protection Act sets out the basic rules for rent increases, evictions, repairs, and many other issues that concern tenants.read more...
Existing home sales up sharply The median resale price of a single-family home in Lee County was $262,900 in April, the second consecutive month in which prices have skyrocketed 43 percent over last year.via
Bring On The Battered Debt Lots of smart people think the junk-bond boom of the past few years is about to end with a series of defaults, and they're lining up to cash in.read more...
Mortgage rates up slightly Mortgage rates are a bit higher this week. Freddie Mac says the average for the 30-year fixed-rate mortgage rose to 6.13 percent from 6.12 percent last week.Commentread more...
as prices show no signs of coming down , and many of us have wondered how to stretch an already tight budget. N ow some mortgage lenders believe they might offer relief to home buyers in the way of fifty year loans.
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