San Diego’s Guild Mortgage to be sold in $1.3 billion deal
One of San Diego’s oldest companies announced Wednesday it will be purchased by a Florida-based investment firm.Guild Mortgage, based in San Diego since its 1960 founding, has agreed to sell all remaining shares of its company for $1.3 billion to Florida-based Bayview Asset Management.Guild had been
San Diego home prices flat for the first time in 2 years
For the first time in almost two years, San Diego home prices didn’t increase.The median home price in San Diego County was $900,000 in April, flat year-over-year, said Attom Data Solutions. The last time the median, a combination of all closed sales of single-family houses, townhouses and condos, d
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
By ALEX VEIGA, AP Business WriterMCCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.Related Articles San Diego’s Guild Mortgage to be
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