30-year mortgages fall for fourth-straight week Updated: Thu, May 24, 2012 The average U.S. rate for the 30-year fixed mortgage fell to a record low for a fourth straight week. Read More

Mortgage chief faces accounting questions Executives put on defensive in bitter quiz on misdeeds Updated: Fri, Jun 16, 2006 WASHINGTON - The chief executive of mortgage giant Fannie Mae, who was the top operations official at the time of accounting misdeeds, endured pointed questioning Thursday from senators demanding details of his actions. With Fannie Mae enmeshed in a $11 billion accounting scandal and government pressure on it... Read More

Lumber company opens in Edmond Updated: Tue, Apr 25, 2006 A Pennsylvania-based lumber company is celebrating the grand opening of its second metro area location. 84 Lumber, based in Eighty Four, Pa., will have a ribbon-cutting ceremony at 6:30 this evening at the Edmond location, 14200 Lincoln Blvd. The building materials supply company opened an Oklahoma City location... Read More

Go figure -- home values are up Updated: Sat, Mar 3, 2001 Home values in the Oklahoma City metro area increased 4.5percent last year. Home values in the Oklahoma City metro area increased 2percent last year. The first figure came from the Office of Federal HousingEnterprise Oversight. The second figure came from the Oklahoma City Metro Association of Realtors. Which should... Read More

Greenspan lends Fed strength Updated: Sat, Oct 28, 2000 In the forest of easily swayed, weak-trunked political appointees, Alan Greenspan is an oak. Bob Mitchell actually had an audience with the Federal Reserve chairman earlier this year, after the fifth, but before the sixth, interest rate hike since mid-1999. Mitchell, a home builder from Rockville, Md., is... Read More

Starting Out
Home inventory rise to buyers' advantage Updated: Sat, Oct 21, 2000 For the past few years, it has been a seller's market in many areas of the country.Low inventories of homes for sale and high buyer demand pushed home prices higher. But now the market is changing. Interest rates are higher than they were a year ago,new housing starts are down, and existing home sales are up one... Read More

Oh no! Not the R word! Updated: Sun, May 28, 2000 WHO'S that lurking around the corner? Could it be the unimaginable? That dreadful guy no one wants to mention? You don't know what I'm talking about? Well, here are a few hints -- resales are down 13 percent, all of which have appeared in the Business section in recent weeks: The housing market is showing some... Read More

Business in Brief Updated: Wed, Apr 19, 2000 Housing starts fall in March Housing construction, dampened by an upswing in mortgage rates, took its biggest dive in six years last month -- down 11.2 percent from the previous month. Economists said the plunge won't stop the Federal Reserve from pushing interest rates higher to slow the speeding... Read More