• Amy E. Boutilier, 44, transient in Rumford, on two charges of failure to appear after bailed, 10:15 a.m. Tuesday, Feb. 7, in Mexico, by Mexico Police Department. • Jarod J. Donathan, 40, of 29 Range Road, Brunswick, on charges of trafficking in prison contraband, operating after habitual offender revocation, operating under the influence, unlawful […]
Dennis C. Smith was born in Helena, Arkansas on February 8, 1931, but he grew up in Superior, Wisconsin. He graduated from St. Anthony grade school, East High School, University of Wisconsin Superior, and received his Master’s degree in mathematics from Rutgers University. He also studied mathematics at Princeton, Cornell, and the University of California at Berkley.
It’s Fed decision day today and another 75-basis point rate hike is expected. Mortgage rates have surged to 14-year highs, deterring both buyers and builders, who have begun making the shift to apartments. ArchMI released its quarterly Housing and Mortgage Market Review, which said that rates aren’t expected to return to the sub-3 percent, or sub-4 percent, range any time soon. Existing home sales have declined sharply to sit nearly 30 percent below the January 2021 pandemic peak of 6.65 million and about 10 percent below the 2019 average of 5.24 million. Over the past year, home prices climbed another 13 percent and combined with increases in mortgage rates have caused the cost of homeownership to surge 48 percent year-over-year and 79 percent over two years. Bloomberg reported that “Months of supply has rarely increased as quickly as it has over the past six months. While we have a limited sample size of this kind of volatility, the size of this increase is norma
1911
April 19, 1911-The St. Paul Mine in Keewatin opened; the Roberts and Platt mines in Nashwauk also opened for the season.
April 19, 1911-There has been a great influx of settlers to Itasca County this spring and the number is steadily increasing, particularly, Grand Rapids has received many who have purchased lands and who have settled in the immediate vicinity.
1921
April 20, 1921-Good progress is being made for improved highway construction in Itasca County. Clearing was started on the Blackberry to Warba route.
April 20, 1921-A recount for the mayorship of Keewatin ended in a tie vote. The issue will be settled in court. The two candidates are Dr. A.C. Kean and George Matakovich.