Freddie Mac reports higher 30 year mortgage rates
Freddie Mac notes 30 year fixed rates rose to 6.28 percent from 6.24 percent, the fourth weekly increase and the highest since mid December. The 15 year fixed rate advanced to 5.91 percent from 5.83 percent as housing starts surged 14.5 percent in January to 2.276 million, the fastest since March 1973, amid warm weather and expectations of a slowdown later in the year.
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Freddie Mac
Mortgage Company
Commerce Department
Ljworld.com
Atet Inc
AmSouth
ASO
Aquila
ILA
BET
Berk
Boeing
BrookeCo
Caseys
CPI
CSCO
AL Exxon Donsley
XOM
Iwi
FMC Cp
Fordm
Gannett
GCI
PlalnEa
HCA Inc
ABEG
Warleyd
Heinz
Hercules
Intel
IBM
STAR
Eyat
MSFT
Hs Ofeillya S
ORLY
Offcopt
Parkptl
PaulShae
Sprintnex
Sun
WalMart
Walon
WellsFrga
WestarEnwast
Zimmer
Tax preparer H and R Block faces another lawsuit
California Attorney General Bill Lockyer sues H and R Block Inc. over refund anticipation loans the company offers to speed tax refunds. The suit seeks to overhaul the program in which customers give a percentage of their refunds to H and its banking partner.
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California
Bill Locky
H&r Block Inc
San Francisco
H&r Block
Kansas City
CONTACT US Mark Fagan business editor
Mark Fagan contact details are listed with phone and email for reader inquiries.
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Mark Fagan
Mfagan
Jworld
Lawrence Home Show Highlights Local Home Design Trends
Lawrence Landscape and 60 exhibitors fill First Serve Tennis Center at 5200 Clinton Parkway for the sixth annual Lawrence Home Show. The event runs from 5 p.m. today through Sunday, sponsored by the Lawrence Home Builders Association, showcasing designs for home construction and renovation with experts like Shad Bloomberg sharing tips and leads.
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Nick Krug
Journal-World Photo
Shad Bloomberg
Kansas City
Kan
Lawrence Landscape
Lawrence
Clinton Parkway
Lawrence Landscape Inc
First Serve Tennis Center
The
Lawrence Home Builders Assn
Home Builders Association showcases building options in Lawrence
The Lawrence Home Builders Assn hosts What's In Store at First Serve Tennis Center with about sixty contractors and vendors. The event runs today 5 to 8 pm, Saturday 9 am to 6 pm, and Sunday 11 am to 4 pm. Entrance is $5 for adults, $4 for seniors, free for children. tickets at the door. Robbie Flory says it educates shoppers for the spring season. last year drew 3,000 visitors. Lawrence Landscape displays flowering crabapple at the show prepared by Bloomberg.
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Sport 2 Sport
Clinton Parkway
The
Lawrence Home Builders Assn
Flory
Lawrence
Bloomberg
Fed chief undecided on further rate rise plan
Federal Reserve Chairman Ben Bernanke declined to specify how much higher interest rates will go to stabilize growth and inflation. He warned of the risk of raising for too long or not long enough while economists expect a 0.25 point hike to 4.75 percent at the end of March.
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Washington
Federal Reserve
Ben Bernanke
Bernanke
Senate Banking Committee
Jim Bunning
House Financial Services Committee
Alan Greenspan
Fed
Profit sharing in home resale clauses common and legal
Builders often require profit sharing when buyers resell homes under construction to curb speculation. The clauses may be legal and aim to prevent rapid price spikes, with lenders favoring owner-occupants. Buyers can negotiate or strike out the clause, proposing shorter periods or partial profit sharing.
Chicago market futures mixed as grains rise and metals steady
Soybean futures gained on the Chicago Board of Trade with March soybeans up 4 1/2 cents to 5.56 per bushel while wheat rose to 3.59 and corn edged higher. Beef and pork futures were mixed on the Chicago Mercantile Exchange with live cattle and lean hogs varying. Local elevator quotes show mixed grain prices across Ottawa and surrounding elevators, and nonferrous metals posted spot prices for Gold, Silver and Platinum.
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Chicago Board of Trade
Chicago Mercantile Exchange
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Lawrence Journal-World
Ljworld
Robbie Flory
Home Builders
Jeannine Aversa
Associated Press
Liveorldcont
David W. Myers
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Lawrence South
Pauline
NA. Com
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