Investor Report: HUD's Condo Rules
HUD just changed its condominium rules again, and there's both good news and sobering news for investors and developers tucked away in the revisions.
15-Year FRM Drops to Lowest Ever Recorded in Freddie Mac Survey Hi
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.83 percent with an average 0.7 point for the week ending November 19, 2009, down from last week when it averaged 4.91 percent. Last year at this time, the 30-year FRM averaged 6.04 percent.
Green-building Growing, More Jobs, More Buyer Interest
According to a new study from the U.S. Green Building Council (USGBC) and Booz Allen Hamilton, construction in the green-building industry will support 7.9 million jobs over the next four years while pumping into the American economy $554 billion. Currently, 2 million American jobs are supported by the same industry and more than $100 billion in gross domestic product and wages is generated.
It's Not What Happens, But How You React That Counts
A Champion realizes it's not what happens but how they react to it that counts.
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