Content Tagged As interest

1 year 3 months 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...

3 years 7 months ago

Negotiations continue in District 11

Colorado Springs School District 11 released a statement this afternoon that says the School Board is disappointed with negotiations with the Colorado Springs Education Association. This is regarding the Board's proposal for opening Interest-Based Bargaining. Interest-Based Bargaining generally refers to a strategy during negotiations which focuses on mutually...

3 years 11 months ago

Two-year bonds at record low rate

NEW YORK (AP) - Investors are lending money to the government at a record low rate for two-year debt. The Treasury sold $35 billion in two-year notes on Tuesday at 0.40 percent, the lowest yield ever for an auction of two-year notes. Last month, the Treasury auctioned the notes...

4 years 11 months ago

Foreclosures high in parts of Pueblo

Foreclosures seems to be happening more in certain parts of Pueblo. The four areas hit hardest are Minnequa, the East Side, Eagleridge and Northern Pueblo West. Over the past couple of years, 40% of the homes in these neighborhoods have gone into foreclosure. Many people in those areas fell into...

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