There are currently 31 blog entries related to this category.
Thursday, September 1st, 2011 at 4:27pm. 1456 Views, 0 Comments.
This is the lowest rate that they’ve been since the week of May 10 2007 where they were at 6.15%.
15 year mortgages also dropped to 5.83%. The prior week, the 15 year fixed rate mortgage was at 5.88%.
5 year adjustable rate mortgages were down to 5.88%. The prior week, they were 5.96%.
1 year adjustable rate mortgages were 5.42%. The previous week, they were 5.50%.
Its a great time to buy real estate in Louisville Kentucky. Search for homes for sale in Louisville Kentucky now – and see if you can lock in a good deal today! For anyone that…
Thursday, September 1st, 2011 at 4:24pm. 1466 Views, 0 Comments.
The unemployment rate for Kentucky was 6.1% in September. In October, the unemployment rate was 5.6%.
Across the United States, the jobless rate has been fairly constant recently maintaining at 4.7% through September & October 2007.
Of the 11 major non-farm job classifications, 4 of them saw employment increases for the month of October.
6 of the major non-farm job classifications saw decreases for employment.
1 remained unchanged.
A net change of 100 jobs decrease was seen in October 2007 for Kentucky’s non-farm employment. The total is currently: 1856500 jobs.…
Thursday, September 1st, 2011 at 4:11pm. 897 Views, 0 Comments.
Most of the persons that donate to charities and help them through the winter months, are also the persons most likely to be feeling some of the fallout from the real estate markets and mortgage industries. Add in rising food and energy costs, and many persons with disposable incomes to help out others, may start feeling the pressure that they need to help themselves first.
And then add in more persons in need of charitable assistance this year – many charities are reporting up to a 25% increase in persons in need this year.
Then add in the recent drop in the stock market (the S&P…
Thursday, September 1st, 2011 at 4:07pm. 1834 Views, 0 Comments.
Applicants desiring to make application for the program, can apply at the Rural Development Office located at 90 Howard drive in Shelbyville Kentucky.
The maximum possible loan under this incentive program is $20000 with the interest set at 1% with a loan term not to exceed 20 years.
The uses for the home repair loans can be for a variety of needs including:
Thursday, September 1st, 2011 at 3:59pm. 1105 Views, 0 Comments.
This award is just one of many that Kentucky has received recently fro economic development awards. Other recent awards and honors include:
Thursday, September 1st, 2011 at 3:46pm. 869 Views, 0 Comments.
The Louisville Kentucky newspaper, The Courier Journal recently had an article about United States jobs and payrolls. Employers have added two times the number of jobs that was previously projected for the month of October 2007. The Labor Department also noted that payrolls grew by 166000, and that the unemployment rate didn’t move and is holding steady at 4.7%. All of these are good indicators despite the nervous economy regarding the housing market being soft and mortgage industry being in turmoil. Kentucky’s rate for unemployment is at 6.1%.
The job increases came primarily from the following sectors:
temporary help firms
hotels & motels
accounting & book keeping…
Thursday, September 1st, 2011 at 4:14am. 990 Views, 0 Comments.
This golf tournament, while one of the great wonders in sports, is also expected to draw 240,000 visitors to the state.
This has caused a rush on local hotels as they are filling up fast for the event. Hotel rates usually range from $80 – $100 in the Louisville KY metropolitan area, but for the dates during…
Thursday, September 1st, 2011 at 4:11am. 1074 Views, 0 Comments.
The Louisville Kentucky newspaper The Courier-Journal wrote an interesting article today about the Jefferson County Kentucky 2007 tax bills.
Almost 308,000 tax bills have been sent out to property owners in Jefferson County KY.
2007 Tax Rates are as follows:
Jefferson County (metro government) 12.55 cents per $100 of assessed value. [This is down .05 cents from 2006.]
State of Kentucky 12.4 cents per $100 of assessed value [This is down .4 cents from 2006.]
Jefferson County public schools 61.5 cents per $100 of assessed value [Same as 2006.]
To give an example for a homeowner that would be assessed all 3 of those taxes on home that has a value of $200,000, they will pay $1729 this year.
Persons that pay their tax bill early no…
Thursday, September 1st, 2011 at 4:10am. 940 Views, 0 Comments.
According to the article, foreclosure rates nationally increased by 30%, which brings the total to more than double what they were a year ago. On the other end of the spectrum, Kentucky real estate foreclosures only increased by 3.5% putting Kentucky below the national average, and 36th overall for the 3rd quarter 2007, and is actually a decrease of 0.2% from the previous year’s 3rd quarter in 2006.
Despite the somewhat weak national real estate market, Kentucky continues to weather the storm so to speak with little effect here on a local level.
Nationally, in the 3rd…
Thursday, September 1st, 2011 at 4:07am. 728 Views, 0 Comments.
5 months ago on May 17 2007, 30 year mortgage rates were at 6.21%.
15 year fixed rate mortgages have averaged 5.91% which is down from 5.99% last week.
5 year adjustable rate mortgages averaged 5.98% which is down from 6.03% last week.
1 year adjustable rate mortgages averaged 5.57% which is down from 5.66% last week.
Its a good time to buy real estate in Louisville Kentucky especially if you are moving up to a more expensive property. A lot of…