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Rising construction tide in Bend lifts all boats  As the construction industry in Central Oregon has boomed, plenty of related industries in the fast-growing area are reaping the rewards.via


Upticks in Home Starts, Inflation Are Seen as an Aberration  Builders broke ground on more homes in December, but economists say that the real-estate market has yet to reach bottom. While housing starts were up 4.5% from November, they were


Contractor Professionalism Ranks High Among Owners  Annual FMI/Construction Management Association of America Survey of Owners. Building owners are demanding with increased frequency that complex construction projects be completed in shorter time spans + a ...via


Got the variable-rate-mortgage blues (Bankrate.com via Yahoo! Finance)   By this time you might be able to get out with a piggyback mortgage, says Dr. Don.read more...


Software Can Cut Remodeling Costs  After spending more money than I earn in a year on remodeling our kitchen and bathroom, I am poorer and wiser.via


Bankers survey shows support for mortgage bailout (AP via Yahoo! Finance)   Most rural bank CEOs surveyed in eleven Midwestern and Plains states support a federal bailout of mortgage lenders Fannie Mae and Freddie Mac in the event of financial collapse.read

May 27th, 2005

Economists Wary of Interest-Only Loans (Reg Req’d)

More than a third of the mortgages written in the Washington area this year are a risky new kind of loan that lets borrowers pay back only the interest, delaying for years repayment of any loan principal.

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