Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated
By ALEX VEIGAThe average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices.Related Articles US home sales fade in June as prices soar to record levels ‘Uncertainty creates paralysis’: San Diego home sales tumble during p
San Diegan Makes Sailing History at the Transpacific Yacht Race
Twelve and a half days into a 2,225-mile crossing of the Pacific, Alli Bell stood at the helm of her 59-year-old Cal 40 sailboat, Restless, as it surged through the Moloka‘i Channel in Hawai’i. Winds gusted near 30 knots. Waves broke behind them like moving mountains. Her crew-family and friends-lau
US home sales fade in June as prices soar to record levels
By ALEX VEIGA, Associated Press Business WriterLOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels.Existing home sales fell 2.7% last month from
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