Housing
February 3

This Week: Construction spending, Disney earns, jobs report

A look at some of the key business events and economic indicators upcoming this week:ECONOMIC BELLWETHERThe Commerce Department issues its December snapshot of construction spending…
February 1

Man, 19, gravely injured in Los Angeles high-rise fire dies

A 19-year-old French citizen who was gravely injured when flames tore through a high-rise apartment tower this week died Friday evening at a hospital, authorities said.
January 30

A glance at US mortgage rates: 30-year loan at 3.51%

This week Last week Year ago30-year fixed 3.51 3.60 4.4615-year fixed 3.00 3.04 3.895-year adjustable 3.24 3.28 3.96
January 30

US mortgage rates continue to fall; 30-year loan at 3.51%

U.S. long-term mortgage rates continued to fall this week, breaching already historically low levels and offering an incentive to potential homebuyers.
January 30

High-profile housing bill fails to pass California Senate

California lawmakers have failed to pass the most ambitious proposal yet to combat a growing housing crisis in the nation's most populous state, voting down legislation Wednesday that would have overridden local zoning laws to let developers to build small apartment buildings in neighborhoods reserved for single-family homes.
January 29

US pending home sales tumbled 4.9% in December

Americans pulled back substantially on signing contracts to buy homes in December, a possible sign of mounting affordability challenges as prices are rising faster than incomes.
January 28

Millennial Money: Recession jitters and your finances

Even just talk of a possible recession can trigger anxiety for anyone who associates it with the major economic downturn of a dozen years ago.…
January 28

US home price gains accelerate amid smaller supply of homes

U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values.
January 28

$20K raised to help man who survived 1952 lynching attempt

A North Carolina man who survived an attempted lynching in 1952 has been helped by hundreds of people to move to a new home Tuesday so a highway can be expanded.
January 27

US new-home sales slipped 0.4% in December

U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019.