Earlier this month, Freddie Mac reported the average interest rate on a 30-year home loan rose to 7.57% from 7.49%; a 20-year-high. Many would-be buyers remember (perhaps sorely) that rates were as low as 2.5% only a few years ago.
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As John F. Kennedy said, “There is a connection, hard to explain logically but easy to feel, between achievement in public life and progress in the arts.”
Pridelines' new executive director, Dr. Edward Summers, knows he has his work cut for him. As a major beneficiary of the SMART Ride, Pridelines has depended on money raised to keep its operating budget going.
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