Archive for June, 2010

US home refinancing up but buying demand near 13-yr low

US home refinancing up but buying demand near 13-yr lowUS home refinancing up but buying demand near 13-yr low (28 mins ago)

Boyertown School Board passes $90 million budget, tax increases included

Despite delays and grumblings regarding the 2010-11 budget, the Boyertown School Board voted 5-4 Tuesday evening to adopt the $90.3 million budget on the heels of the June 30 state deadline. (9 mins ago)

Real estate ntoebook

WASHINGTON Mortgages are cheaper today than they’ve been in a half-century. If only most people had the job security, the credit rating and the cash to qualify for one or refinance. (18 mins ago)

Skillman CEO is now pushing for mayoral control of schools

In a church basement this month in southwest Detroit, Carol Goss is making a case for radical change. The CEO of the Skillman Foundation, a Detroit philanthropy founded 50 years ago to benefit Detroit children, Goss is on a mission to re-engineer schools in Detroit. (2 hours ago)

Area wages measure up to national average

Fort Collins and Loveland’s average hourly wages are slightly below Denver’s but on par with the national average in 2009, according to data from the Occupational Employment Statistics, or OES, survey published Thursday by the U.S. Bureau of Labor Statistics. (39 mins ago)

D/FW Airport’s $2 billion terminal project will increase fees for parking, airlines, concessions

Renovation of the four older terminals at Dallas/Fort Worth International Airport will probably mean higher parking rates for travelers and higher costs for airlines. (9 mins ago)

Homebuilder Lennar reports a profit in fiscal 2nd quarter, says sales slowed in May

MIAMI – The end of the Federal homebuyer tax credit in April slowed down Lennar Corp.’s May results and hurt fiscal second-quarter revenue, but the homebuilder reversed a year-ago loss as it cut costs. (18 mins ago)

Fourth of July Holiday Travelers Expected to Increase 17.1 Percent, AAA says

ORLANDO, Fla., June 23, 2010; AAA today projected the number of Americans traveling this Fourth of July holiday weekend will increase 17.1 percent from 2009, with approximately 34.9 million travelers taking a trip at least 50 miles away from home. (4 mins ago)

New York City Water System Selling $400 Million of Build America Bonds

New York City Municipal Water Finance Authority, which has been granted rate increases of 10 percent or more for four consecutive years, is selling $400 million in taxable Build America Bonds after yields on the debt rose to the highest in a month. (22 mins ago)

Treasuries Gain for Week on Lower Inflation Prospects, Outlook for Rates

Treasuries rose, pushing 10-year yields near the lowest since the week ended May 15, 2009, on speculation weak employment and subdued inflation will persuade the Federal Reserve to keep interest rates at a record low. (17 hours ago)