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Footing the Bill Innovative Cultural Center event invites partygoers to 'Cut the Rug' for restoration  "Cut the Rug" design courtesy of the Scranton Cultural Center Pulling up old carpeting and replacing it with a fresh floor covering is an onerous, often-expensive tasks that finds even


Stocks Fall Despite Solid Retail Sales   Wall Street pulled back Thursday as investors were largely unimpressed by retail sales reports and by strong profit reports from Walt Disney Co.Commentread more...


Bob the Builder  Bob and the building team know about constructing houses, now they're learning all about where different animals live.via


Higher oil prices tipped raise building costs   HIGHER petrol prices and the flow-on effects of union wage demands could push up home building costs, housing industry economists say. via News.com.au read more...


Contractors face new state law  Rocky Marciano of Maple Shade spent three years and $1,000 trying to get his brand-new central air conditioner fixed.via


Fitch Affirms 8 & Downgrades 7 RMBS Classes From 3 CDC Mortgage Capital Trust Issues (Business Wire via Yahoo! Finance)   NEW YORK----Fitch has taken rating actions on the following CDC mortgage pass-through certificates:read more...

May 11th, 2008

Mortgage rates have stabilized (Richmond Times-Dispatch)

Mortgage rates finally have calmed down, after swinging wildly in the first few months of the year. That good news is amplified by the direction that rates took last week: down. The 30-year fixed rate had risen modestly three weeks in a row. The benchmark 30-year fixed-rate mortgage fell 3 basis points to 6.13 percent, according to the Bankrate.com national survey of large lenders, issued …

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