
Edina's schools are faced with economic challenges as a result of the current economy. Instead of using this as an excuse for providing a less than excellent atmosphere for learning, Edina views this as an opportunity to actively pursue the District's vision of enhancing successful learning for all students. Edina Public Schools plan to seek creative solutions to maximize the resources they do have, and welcome the community's input. They have established a suggestions form where staff, parents and community members can provide feedback. Comments received through the form will be shared on a feedback page. Budget information is also displayed.
Updates will be provided on the budget overview page as they become available. Stay involved! These children are our future.
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30-year fixed mortgage rates hit a record low of 4.96% as a government program to buy mortgage-backed bonds lowered borrowing costs. The Federal Reserve last week started buying $500 billion of mortgage-backed securities in the hopes that lenders will reduce the interest rates they charge.
Home prices are also falling as the median price fell 13 percent. This is the biggest drop since the Great Depression of the 1930's. Add this to the newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers and this might be the opportunity of a lifetime.
The Mortgage Bankers Association reports that mortgage applications in the U.S. jumped in the first full week of 2009 as record-low interest rates spurred the greatest demand for home refinancing in more than five and one-half years.
I will ask you again, what are you waiting for? Contact me for more information and let me help you obtain your dream home!
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