Content Tagged As housing

9 months 3 weeks ago

Number of mortgage applications drops

The number of mortgage applications dropped last week, as interest rates jumped. According to the Mortgage Banker's Association, mortgage applications fell 3% from last week. The Market Composite Index, which is a measure of mortgage loan application volume, also dropped 3% to the lowest level since November 2011. Despite...

2 years 10 months ago

Housing values decline

WASHINGTON (AP) - An index of home prices in the country's major metro areas has sunk to its lowest level since the housing bubble burst in late 2006. Prices fell from February to March in 18 of the metro areas tracked by the Standard & Poor's/Case-Shiller 20-city index. And prices...

3 years 3 months ago

Colorado Springs and Pueblo

A cost of living survey shows it costs 7.2 percent less to live in Colorado Springs than the national average. The survey covers all over 2010. The survey comes from ACCRA , the American Chambers of Commerce Research Association. ACCRA Cost of Living Index for Colorado Springs (National...

3 years 8 months ago

Consumer spending and personal incomes both weak

The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest...

3 years 11 months ago

HUD Secretary will tour Colorado green housing

U.S Housing and Urban Development Secretary will join Colorado elected officials to tour public housing developments in Colorado. HUD Secretary Shaun Donovan will visit a sustainable mixed-income housing development in Denver Friday morning, which boasts use of solar and geothermal energy. He will be joined by U.S. Sen. Michael...

3 years 11 months ago

Mortgage fraud incidents rise last year

Incidents of residential mortgage fraud increased last year, a sign that scammers are still targeting the industry despite efforts to find and report such activity. A study released Monday by the LexisNexis Mortgage Asset Research Institute showed the number of mortgage fraud reports among loans made in 2009 grew 7...

4 years 1 month ago

Schriever opens new community center

Shriever Air Force Base celebrated the opening of a brand new community center on Monday. It's one of the finishing touches on a brand new housing community on base, the first of its kind. "In the quarter century that we've been here we've never had homes and we've never had...

4 years 1 month ago

New housing market index slips

The National Association of Home Builders says its housing market index slipped in March, as harsh winter weather and competition from foreclosed properties hurt builders' sales prospects. The Washington-based trade association said Monday its index slipped two points to 15, back to its January level. Readings below 50 indicate...

4 years 4 months ago

United Way announces help for unemployed

The United Way of Pueblo County has doubled it's pot of money to help the recently unemployed. The board of trustees announced Tuesday that it had received a $30,000 grant from the David and Lucile Packard Foundation, raising their total matching funds for the 2009 campaign to $60,000. The...

4 years 4 months ago

El Paso county's economy looking up

El Paso County's economy is moving in the right direction, according to a quarterly study put together by the Southern Colorado Economic Forum. The study looks at 10 different factors to see how the economy is moving, everything from retail sales to employment to the housing industry. Seven of...

4 years 7 months ago

Government home loan agency faces cash squeeze

The Federal Housing Administration says its cash cushion will dip below mandated levels for the first time, but insists it won't need an immediate taxpayer rescue. The agency, a growing source of funds for first-time homebuyers, faces mounting concerns that it will soon need a taxpayer bailout as losses grow...

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