Gulf spill update: Florida real estate developer sues Halliburton

The largest landholder in the Florida Panhandle is suffering huge losses due to the BP oil spill. And it’s looking for someone to pay. The St. Joe Company , a real estate developer in Florida that owns 577,000 acres of land near the Gulf Coast, filed a suit against Halliburton Co. on Aug. 4, asking for more than $1 billion in damages.

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Mortgage rates drop on Fed intervention

The average U.S. rate for a 30-year fixed mortgage fell to 3.33% this week, according to Freddie Mac, as the Federal Reserve’s bond-buying program created demand for securities backed by home loans.

Apr 02, 2020 By
3d rendering of a row of luxury townhouses along a street

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