New home sales climb 7.1% in August
Lower mortgage rates apparently pulled more new-home buyers back into the marketplace. Sales-to-date for the year are now up a healthy 6.4%. WASHINGTON – U.S. new home sales jumped 7.1% in August, as low mortgage rates pulled buyers into the housing market. The Commerce Department said Wednesday that new homes sales increased to a seasonally […]
Why Can’t California Solve Its Housing Crisis?
Why Can’t California Solve Its Housing Crisis? It’s the epicenter of the tech industry and the wealthiest, most progressive state in the union, but homelessness is surging — and no one can agree on how to fix it. By Tessa Stewart, Rolling Stones Magazine Reyna Solis stands in the doorway of her trailer where she […]
Mortgage Rates Dip Again – 30-Year at 3.49%
primeimages / Getty Images SEPTEMBER 5, 2019 Share this article: FacebookTwitterLinkedInShare Mortgage Rates Dip Again – 30-Year at 3.49% By The Associated Press The 30-year, fixed-rate mortgage hit a three-year low this week, declining to 3.49% from last week’s average of 3.58%. WASHINGTON (AP) – U.S. long-term mortgage rates fell this week, with the average on […]

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