Emergent BioSolutions will have 120 new jobs in Baltimore in the next few years. The company, based in Rockville, had a ribbon cutting ceremony on their 56,000 square foot facility on Lombard Street in Downtown Baltimore on Friday. Emergent is the maker of the only FDA approved anthrax vaccine. The Washington Post reports that they [...]
New FHA changes may be coming soon as HUD asks for consumer input on three issues that would affect borrowers. I wrote about these possible changes in January, in my post "More FHA Changes to Happen Mid Summer." Also in January, HUD made major changes in FHA fees and upfront mortgage premiums. These changes are [...]
Baltimore Artscape 2010 is this weekend July 16 with free art viewings and performances all weekend long! This year marks the 29th anniversary of the festival, and it is expected that over 350,000 people will attend. Why so many people? Artscape is free! Artscape is located right in the heart of the Arts District in [...]
Mortgage rates are at the lowest point they have been in five decades. The national average is 4.57% for a 30 year fixed conventional loan. MSNBC reports that: Rates have fallen over the past two months. Investors, concerned with the European debt crisis, have poured money into the safety of Treasury bonds. Treasury yields have [...]
There is a new traffic light going in a Charles Street and Greenwood in Towson. It will be a big adjustment for those coming north on Charles St from the West Towson area, because it is around a curve where many people drive quickly. The reason for the light is the new West Towson Elementary [...]
Baltimore County home sales were up in June 2010. Baltimore home sales had not seen an increase in the past year, so this is great news. From RealEstate Business Intelligence, Inc. through MRIS, the Metropolitan Regional Information Systems (our local MLS), the numbers show that the Baltimore County average sold price is up 8.25%! The [...]
The Ruxton Riderwood Lake Roland community is having an input and community plan meeting on Wednesday, July 14, 2010. The meeting will be held at 7:30 pm at Blakehurst Retirement Community. Blakehurst is located at 1055 West Joppa Road, Towson, MD 21204. From the RRLAIA Neighborhood News: The Plan identifies areas in need of improvement [...]
The ABC hit TV show Extreme Makeover Home Edition comes to Baltimore to benefit the Boys Hope Girls Hope home on Fleetwood Street in Baltimore. Thousands of Baltimore residents are volunteering their time and expertise for the build, which began Friday, July 9th. Excel Homes is the main builder for the project, and they are [...]
Today Bay National Bank in Lutherville was closed by Federal Regulators. It will re-open on Monday as Bay Bank. Bay Bank is also located in Lutherville. This is the fourth Maryland bank to close in the past two years, according to the Baltimore Sun. Bay National Bank customers will be able to access their money [...]
The Maryland Mortgage Program is expanding in expectations that many BRAC individuals may use the program to buy their first home in Maryland. The interest rates were dropped to 4.5% as well, to make the program even more attractive. These programs and rates are available to all who qualify for them, not just Maryland BRAC [...]