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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Office Hours archive for April 7, 2010

WEDNESDAY, APRIL 7, 2010

Fairfield nursing home to close in June

The Evangelical Lutheran Good Samaritan Society will close its Fairfield nursing home in June. Spokesman Mark Dickerson said the facility was losing about $300,000 a year because occupancy was low. The facility has 43 skilled nursing beds, 10 assisted-living apartments and 16 senior-living apartments, but…

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Homebuyers scramble as mortgage rates jump

The era of record-low mortgage rates is over, reports The Associated Press today. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are…

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.