Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline
By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.Related Articles US robot makers hope to beat China in humanoid race.
Developer remaking Sorrento Mesa buildings into office condos
Two 1980s-era office buildings in Sorrento Mesa previously slated for demolition will instead be repurposed as office condominiums by a developer looking to try something different in a depressed commercial real estate market.Los Angeles-based Abington Emerson Investments LLC has filed an applicatio
Will California’s low homeownership ever get fixed?
How can California improve its lowly homeownership rate? Maybe build fewer apartments.That’s a novel conclusion I drew from my trusty spreadsheet’s look at homeownership stats weighed against building permits data dating back to 1988 for the 50 states.The math shows that residential construction is
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