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US average 30-year mortgage rate back up over 3% this week

SILVER SPRING, Md. — The average long-term U.S. mortgage rate rose this week, with the main 30-year rate inching back up over 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark home loan jumped to a still-low 3.1% from 2.98% last week. A year ago ...

Zillow to stop home-flipping amid pricing ‘unpredictability’

LOS ANGELES — Zillow Group said Tuesday that it will stop buying and selling homes, citing the "unpredictability" of forecasting housing prices. The Seattle-based real estate information company said winding down its Zillow Offers homebuying and selling unit will take several quarters and ...

US average long-term mortgage rates fall; 30-year at 2.98%

WASHINGTON (AP) — Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below the 3% mark. Mortgage buyer Freddie Mac reported Wednesday that the average rate on the benchmark home loan declined to 2.98% from 3.09% last week. Last year at this ...

Is it time for an HVAC upgrade?

Sometimes it’s easy to get stuck in a rut, even with an HVAC system. You might be too busy to think about it but procrastinating can cost you more in the long run. Here are some signs you need to discard the old and bring in the new. Your furnace is noisy If your furnace makes too much ...

Rising rents taking up growing share of Americans’ income

LOS ANGELES — Sharp rent increases in many parts of the country are eating up a bigger share of Americans’ monthly income, squeezing tenants already grappling with rising prices for gasoline, food and other necessities. Households with a median U.S. rent of $1,179 in August tapped 30.3% ...

Tips for optimizing furnace performance

When the temperature starts dropping, your first concern is making sure your furnace comes on and provides the heat you need. But the same way you’re not content with just barely functioning through your workday, you need to pay attention to the level of performance your furnace is giving ...