Archive for November, 2011

Growth of farmland values drives gain

An index measuring the rural Midwestern economy hit its highest level since June 2007 this month, again indicating that the region’s farm economy is outpacing the rest of the economy.

Lonoke council approves community center purchases

The Lonoke City Council approved the purchase of a flag pole and two treadmills for the Lonoke Community Center during the council meeting Monday.

Tanzania: Local Bank Starts Mortgage Financing for Home Service

The government’s agenda of providing decent housing to all has received a boost after the Bank of Africa launched its mortgage product. e service called Bank of Africa Home Finance, primarily a long term facility designed to enable individuals acquire structured loans to help them own, improve, complete or release equity investments on their new/existing homes.

Frisco manager departs, town picks up $1.2M in real estate

Responding to questions about the sale of $1.2 million in real estate to the town by former Frisco town manager Michael Penny, Frisco town officials say there’s more to the story.

Commencement condos to become apartments

A stillborn Ruston luxury condominium project will be reborn as apartments.

Credit issues muddle refinance

Question: We have been in our first house together for just shy of six years. We are not married but both of our names are on the mortgage.

30-year mortgage rate drops below 4 percent again

The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history.

Albertville man sentenced for in $7.7-million mortgage fraud

A 31-year-old Albertville man was sentenced for his role in a mortgage fraud scheme that caused losses to lenders exceeding $7 million.

Galliford Try sees growth in house building

LONDON – The construction and house building group, Galliford Try has seen a 38% growth in home sales reservations but more subdued trading in its construction business.

Former city manager sues South Burlington for defamation

Former City Manager Chuck Hafter and his wife, Betty Moore-Hafter, have sued the city he managed for more than 20 years, charging that current City Manager Sandy Miller defamed him by questioning his character and his ethics after Hafter’s retirement in the spring of 2010.