Financing Homes in Lake Tahoe and Truckee since 1992.

Lake Tahoe Mortgage Rates and Lake Tahoe Home Loan Rates-End of Day-June 12, 2013

Lake Tahoe Mortgage Rates and Lake Tahoe Home Loan Rates:

A percentage of homeowners that were underwater on their mortgages saw property values rise in the first quarter of 2013 as the housing sector continues to recover due to rising home values. CoreLogic reports that 850,000 residential property owners moved into positive equity in the first three months of this year. There are now 39 million properties in a state of positive equity across the nation. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.

The nation’s largest drugstore chain, Walgreens, has settled an $80 million suit into allegations that the chain had allowed controlled substances including oxycodone, onto the black market. It is the largest civil penalty paid under the Controlled Substances Act in the Drug Enforcement history. In Florida, six Walgreens’ stores ordered more than a million of the pills a year in comparison to the average pharmacy across the nation ordering 73,000 oxycodone tablet a year.

The Labor Department reported that there were 3.8 million job openings on the last day in April, little changed from the 3.9 million in March. The rate of hiring increased and more people voluntarily left their jobs the figures show. At the current rate, it may be tough to keep adding jobs going forward at the pace of May’s job creation of 175,000.