Real Estate News

The billionaire, who owns a home on Powder Mountain, bought the whole lot in 2023. [...]

Mortgage rates are likely to rise in November, as a December cut from the Federal Reserve has started to seem uncertain. Mortgage interest rates fell ahead of Fed cuts in September and October, because mortgage lenders worked market predictions into their base rates instead of waiting for confirmation. Even though [...]

"I think it is such a great symbol for the city." [...]

Mortgage rates dropped to their lowest level in more than a year as the Federal Reserve cut short-term interest rates this week. The rate decline offers a refinancing opportunity for some homeowners.The average rate on a 30-year fixed-rate mortgage fell five basis points to 6.01% APR in the week ending [...]

It's perhaps the grandest prefab in town. [...]

The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday, Oct. 29. The bankers had shifted into rate-cutting mode back in September with a crop of the same size. A basis point is one one-hundredth of a percentage point, so [...]

We saw mortgage rates move higher today, but don't stress. Rates are still among the lowest we've seen this year.The average interest rate on a 30-year, fixed-rate mortgage rose to 6.09% APR, according to rates provided to NerdWallet by Zillow. This is 10 basis points higher than yesterday and five [...]

Whether you're buying a house or hoping to refinance, it pays to know how the Federal Reserve affects mortgage rates. Even a basic understanding helps you plan a smarter budget.At the very least, it boosts your chances in the current events round at pub trivia.The Fed meets next on Oct. [...]

The El Segundo surf park, which has yet to be named, will hold about 5 million gallons of water in a 2.2-acre lagoon. [...]

The Westminster Mall, opened in 1974 and once a fixture of the community, is shutting down later this year. [...]