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Buyers Are Turning to Risky Adjustable-Rate Mortgages as Housing Prices Rise

Pro Builder

As home prices and mortgage rates surge to new highs, some buyers are turning to adjustable-rate mortgages (ARMs) as a cost-friendly but risky home financing option. When ARMs first came out, one of the huge advantages of getting one was that your rate could go down,” says Rocke Andrews, a mortgage broker with Lending Arizona in Tucson.

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FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

Buisness Facilities Contributed Content

Some of the locations already are well-known for developing the next generation of technologies, such as Austin, home to Dell, Apple, Facebook and Google, and Tucson, with its hotbed of solar technology innovation. Tucson is the Sun King. Tucson has been identified as one of thirteen Solar America Cities by the U.S.

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FEATURE STORY: Workforce Development Programs – The Recipe For Success

Buisness Facilities Contributed Content

Leveraging those funds, LED FastStart and the University of New Orleans are partnering on a software development apprentice program that the university forecasts will increase its computer science program with continual curriculum input from GE Capital—from fewer than 300 students to 600 students. Tucson Regional Economic Opportunities, Inc.

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