It's A Buyer's Market For Now
The window for home buyers opens as mortgage rates fall and housing starts rise. Commerce Department data show starts at over 1.9 million annually, with the Fed cutting the discount rate to 7.5 percent. Mortgage rates drift to 12.5 percent, VA loan caps at 12 percent, and resale markets gain as buyers regain affordability.
MENTIONED IN THIS ARTICLE
Burt Hubbard
Commerce Department
Federal Reserve Board
Veterans Administration
National Association of Realtors
No One Should Worry About Downside
Al Goldman notes the Dow hits new highs and bonds soar while the Fed stays loose. He cautions about market breadth, rising bullish sentiment, and overbought bonds, warning of a possible correction as deficits and tax reform loom and rates may rise if a stalled recovery ends.
MENTIONED IN THIS ARTICLE
al Goldman
Dow
Federal Reserve
Fed
Steps to Starting A Business Workshop at UWF SBDC
The University of West Florida Small Business Development Center offers a two session workshop titled Steps to Starting A Business on June 7 and 14 at the Eglin Base Education Center from 1 to 4 p.m. Co sponsored by the Eglin Base Education Center and the Small Business Administration. No pre registration required and all materials furnished. Call 678 1143 for more information.
MENTIONED IN THIS ARTICLE
University of West Florida
Eglin Base
Small Business Administration
Dona Schoditsch Named Executive Director of Emerald Coast TDC
The Emerald Coast Tourism Development Council promotes Dona Schoditsch to executive director. Formed in August 1983, the council covers Destin Navarre Fort Walton Beach and South Walton County to boost vacationer traffic. Schoditsch will serve as executive secretary publisher of the newsletter coordinator for activities and committees and representative in regional state and out of state tourist groups.
MENTIONED IN THIS ARTICLE
Surfside Condominium
U.S. 98
New
Trian Bridge
George Kimmell
Walton County
Emerald Coast Tourist Development Council
Donna Schoditsch
Emerald Coast Tdc
Destin
Navarre
Fort Walton Beach
South Walton County
Schoditsch
Council
Here Comes Access Charge For Central Telephone
Central Telephone customers in Destin and South Walton will pay a $1 monthly subscriber line charge starting in June, joining nationwide subscribers. The FCC created the access charge to shift costs from long distance to local service, preventing more bypass of local networks by large users. Sam Wahlen, regulatory manager, warns bypass would raise costs for remaining customers and hurt residential and small business users.
MENTIONED IN THIS ARTICLE
Destin
South Walton
Federal Communications Commission
FCC
Sam Wahlen
Center
Wahlen
Also Mentioned on This Page
Scripps Howard News Service
Weekly Market Report
Treasury
Jerry Ogle
A.G. Edwards
Tandy
Southern Co
Kentucky Util
AMEX
Mtrs
IBM
Oce
Pet
Airport Road
MLG Financial Services, Inc
Elvira S. Chiccarelli
D.D.S
Mountain Dr
Fort Walton
Gulf Coast
Byron D. Beeler
Racetrack Rd
Benjamin & Cooke P.C. Certified Public Accountants
Benjamin & Cooke
Benjamin & Cooke, P.C. Certified Public Accountants
Mountain Drive
Suite
Florida
Miracle Strip Parkway
S.E. Fort Walton Beach
Sun
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