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document.writeln('Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.83 percent with an average 0.7 point for the week ending November 19, 2009, down from last week when it averaged 4.91 percent. Last year at this time, the 30-year FRM averaged 6.04 percent.
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document.writeln('HUD just changed its condominium rules again, and there\'s both good news and sobering news for investors and developers tucked away in the revisions.
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document.writeln('According to a new study from the U.S. Green Building Council (USGBC) and Booz Allen Hamilton, construction in the green-building industry will support 7.9 million jobs over the next four years while pumping into the American economy $554 billion. Currently, 2 million American jobs are supported by the same industry and more than $100 billion in gross domestic product and wages is generated.
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document.writeln('Peter L. Mosca shares an excerpt of a radio show interview with Robert Cain, who since 1987 has been publishing information, giving speeches and conducting seminars and workshops for landlords and investors on how to buy, rent and manage property more effectively.
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document.writeln('With mortgage interest rates below 5 percent, on a $300,000 mortgage, the principle and interest payment would be about $1,594, compared to $1,825 a year ago.
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