• Average rate on a US 30-year mortgage eases to 6.81%, hovering near highest level in over two months,Associated Press

    Average rate on a US 30-year mortgage eases to 6.81%, hovering near highest level in over two months

    By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months.Related Articles Denny’s and Waffle House remove egg surcharges as prices fall Average long-term US mortgage rate falls to 6.67%,

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  • California ranks No. 2 for housing costs in U.S.,Jonathan Lansner

    California ranks No. 2 for housing costs in U.S.

    There’s only one place outside of California where you’ll spend more of your paychecks on housing.My trusty spreadsheet calculated how much typical households spend on housing expenses by reviewing a cost study from WalletHub and homeownership levels from the Census Bureau.The math shows housing exp

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  • March home sales slowed in a lethargic opening to the spring buying season,Associated Press

    March home sales slowed in a lethargic opening to the spring buying season

    By ALEX VEIGA, Associated Press Business WriterSales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged prospective home shoppers.Existing home sales fell 5.9% last month from February to a seas

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