San Diego’s homeowners are among nation’s oldest
San Diego further cemented its reputation as a city of renters with a new study that finds it has the second-oldest homeowners in the nation. The average age of a homeowner in the San Diego metropolitan area is 54 years old, according to a study from mortgage website LendingTree. The only metro area
Average rate on a 30-year mortgage slips to 10-month low
By ALEX VEIGA, AP Business Writer The average rate on a 30-year U.S. mortgage slipped this week to its lowest level in 10 months, but remains close to where it’s been in recent weeks. The long-term rate eased to 6.56% from 6.58% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the ra
Inland cities have Southern California’s apartment bargains
Seeking a Southern California rental bargain typically means a residence with no coastal breezes. My trusty spreadsheet reviewed apartment data from RentCafe, tracking the average rent and apartment size in complexes with 50 or more units. The study looked at 200 big U.S. cities as of March and incl
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