Two senators who have taken the lead on legislation aimed to help homeowners refinance at historically low interest rates were blunt this morning about how concerned they are by the news NPR reported earlier this week that Freddie Mac "has placed multibillion-dollar bets against American homeowners being able to refinance to cheaper mortgages."
Recent economic forecasts are predicting Colorado will continue to see recovery and job growth through 2012. However, according to a new report released this week, 1 in 4 Coloradans would not be able to cover their long term day to day expenses if they were suddenly out of a job.
For the fifth consecutive month, builders increased spending in December, the Commerce Department said today. The figures tempered yesterday's news that home prices in most markets tracked by the S&P/Case-Shiller index had slipped 1.3 percent in November.