Unemployment rates fell in all 120 Kentucky counties between March 2014 and March 2015, according to the Kentucky Office of Employment and Training, an agency of the Kentucky Education and… Continue Reading Jobless rates down in all Kentucky counties in March 2015
Month: April 2015
3% cap bill passes House
On April 14, 2015, the House of Representatives passed H.R. 685, “The Mortgage Choice Act” by a vote of 286-140 with 45 Democrats joining the Republicans. H.R. 685 is bipartisan… Continue Reading 3% cap bill passes House
Fannie and Freddie fee changes
Mortgage-finance companies Fannie Mae and Freddie Mac recently unveiled changes to the fees they charge to back mortgages. The Federal Housing Finance Agency, which regulates the companies, also disclosed finalized… Continue Reading Fannie and Freddie fee changes
Mortgage rates continue to move lower
Freddie Mac says a 30-year fixed-rate mortgage fell to 3.66 percent this week, not much more than the all-time low of 3.31 percent in November 2012. A year ago, 30-year… Continue Reading Mortgage rates continue to move lower
April is Fair Housing Month
April 2015 marks the 47th anniversary of the 1968 landmark Fair Housing Act. Each year REALTORS® recognize the significance of this event and reconfirm our commitment to upholding fair housing… Continue Reading April is Fair Housing Month
Flood insurance rate increases take hold
The National Flood Insurance Program (NFIP) has released the 2015 rate changes which take effect on April 1. On average overall, rates are rising 10%. This is consistent with the 5-10% increases… Continue Reading Flood insurance rate increases take hold