WASHINGTON — U.S. long-term mortgage rates were steady to higher this week, as the benchmark 30-year loan breached the 3% mark for the first time since July 2020. Rates remain near historic lows as the economy strains toward recovery in the pandemic’s wake.Mortgage buyer Freddie Mac ...
LOS ANGELES — U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory of previously occupied homes for sale. But soaring lumber prices and a shortage of construction-ready land could limit their ability to ...
It is not always completely obvious when you need to replace your furnace. The signs may be subtle and easy to ignore. This is a question that our technicians at Western Heating and Air Conditioning get all the time, particularly when it gets so cold at night. There are a few key factors that ...
Here in Utah, we get both extremes of weather (reaching 100 degrees in summer and dropping below 0 degrees in winters), so a heat pump can be crucial! A heat pump is essential for keeping your house cool in the summer and warm in the winter. So what do you do if your heat pump won’t turn on ...
WASHINGTON — U.S. long-term mortgage rates rose this week but remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus.Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark ...
SILVER SPRING, Md. — Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of the economy.Last month’s increase pushed sales of new homes to an adjusted annual rate of 923,000, the Commerce Department reported Wednesday. That’s ...
SILVER SPRING, Md. — U.S. long-term mortgage rates ticked up this week but remain at historic lows as the coronavirus pandemic continues to batter the economy even as more Americans get vaccinated.Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year ...
Air ducts are an essential part of your HVAC system. Without them, air couldn’t go from the HVAC unit to the rest of the house! These ducts are vital to the functionality of your system, so when something’s wrong you don’t want to let it go on.Western has your back! If you’re wondering ...
Sales of previously occupied U.S. homes rose again last month, a sign that the housing market’s strong momentum from 2020 may be carrying over into this year.Existing U.S. home sales rose 0.6% in January from the previous month to a seasonally-adjusted rate of 6.69 million annualized units, ...
WASHINGTON — U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose sharply.The decline pushed home and apartment construction down to a seasonally adjusted rate of 1.58 million units last month, compared with 1.68 million ...
