Lock-in gap: Iowa homeowners avoid selling due to higher rates
Iowa homeowners who bought in 2020 and 2021 face a lock-in gap as mortgage rates rose from pandemic lows. With average existing rates near 4 percent and new rates around 7.375 percent, moving could raise payments about 224 dollars monthly on a 223000 loan, per U S News and World Report. Annie Kaestner of Skogman Realty notes the hesitancy hits families planning current home upgrades.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
U.S. News & World Report
News Magazine
Annie Kaestner
Skogman Realty
Cedar Rapids
the Gazette
Used tractors dominate U S farm show in Boone
At the Farm Progress Show the largest outdoor agriculture event in the United States, used tractors drew crowds as thrift-minded growers hunted bargains. Big Iron Auctions offered about four times its usual inventory, attracting buyers from Quebec Argentina Brazil and Israel amid weak grain prices and cautious farm earnings. Deere and AGCO cut full year outlooks as farmers buy fewer tractors and spend less on inputs.
MENTIONED IN THIS ARTICLE
Oone
U.S
John Deere
Big Iron Auctions
Mark Stock
Big Iron
Quebec
Argentina
Brazil
Israel
Politics in the Workplace in Iowa Private Employers
In Iowa private employers may regulate political discussion and expression at work as they see fit. The First Amendment does not protect employees from private‑sector discipline for political talk, and discrimination based on politics is not unlawful unless tied to a protected statutor y ground. Employers may also engage in political activity with employees. Federal law prohibits interfering with or coercing an individual’s vote for federal candidates.
MENTIONED IN THIS ARTICLE
Iowa
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Erin Murphy
Gazette
Realtors
Boone
Deere & Co
Agco Corp
Fendt
Massey Ferguson
Michael Hirtzer
Bloomberg
3Rd Ave
Marion
DogStarPets.com
Law Wilford H. Stone
the Law