What a Week: Clouds Part
The stock market’s climb this week suggests that investors may be seeing the clouds part after a three-week-long bout of volatility.
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Montgomery Council Targets Lending Discrimination The Montgomery County Council has taken aim at discrimination in lending. The council has voted significant increases in fines against violators to $500,000 for each violation and to expand the
Proposal: New fee on houses to add schools Local governments can charge housing developers for costs of expanding sewer and water systems and even for new parks - but not for building more classrooms when growth crowds local
Reuters President Bush on Wednesday said he will not choose his Supreme Court candidate based on their position on specific issues such as abortion or gay marriage.via
Housing market still packs punch The last three months have been good ones for area home builders. They started the year slowly, taking out 25 percent fewer building permits than they did during January 2004.via
Mortgage Rates Decline, to 6.43% Rates on 30-year mortgages fell for the seventh time in the past eight weeks, dropping to the lowest level since early April. read more...
Fannie Mae Scraps Higher Downpayment Requirements Fannie Mae says it is doing away with higher minimum downpayment requirements for borrowers in distressed real estate markets. via KSDK NewsChannel 5 read more...