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A Country House? Let Renters Pay the Mortgage (New York Times)  Many middle-income buyers are buying houses far outside of the city that can be rented to tourists to help pay the mortgage.read more...


Mortgage application volume down: survey (Market Watch)  CHICAGO (MarketWatch) -- Mortgage loan application volume decreased a seasonally adjusted 1.7% last week, as interest rates on fixed-rate mortgages continued to inch up, according to the Mortgage Bankers Association's


Beijing's bank defines second mortgage (People's Daily)  The Bank of Communications (BOC)' Beijing branch has recently given its own definition of a "second" mortgage, which will base on the house property of the applicant rather than the


An Either/Or Plan for Tax Reform  Lower rates and less deductions or a consumption tax -- that's what a Presidential panel wants.read more...


Under disruption Construction projects, contractors stuck in a rut because of May rain  Rain is not only gloomy. It also can be terribly unproductive. Crews working on the U.S. Route 201 highway construction project in Farmingdale scrambled for eight hours to fill potholes


Dawn Gibbons Defends her Consultant Role   Nevada first lady Dawn Gibbons said Friday that she did nothing wrong in working in 2004 as a paid consultant for a defense company that got a federal contract

August 14th, 2007

Researchers Reap Data to Brace Homes Against Harsh Hurricanes

A Florida university and an insurer that incurred hundreds of millions of dollars in losses during recent storms are teaming up to find ways to help buildings survive massive winds. Their tool: Giant fans.





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