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Mortgage rates

Mortgage rates – The November 5, 2020, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.78%, down from 2.81% last week. The 15-year fixed ...

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Burbank Nixes Rent Control

Valley voters on Tuesday decided the fate of several key initiatives in their cities. In Burbank, voters shot down Measure RC, a controversial attempt to strengthen eviction protections, expand rent control and create an independent landlord...

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Mortgage Rate Update

The October 15, 2020, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.81%, down from 2.87% last week. The 15-year fixed was 2.35%, almost u...

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U.S. existing-home sales and prices soared in August

The National Association of Realtors reported that U.S. existing-home sales hit 6 million in August on a seasonally adjusted yearly basis. The number of homes sold in August was 10.5% higher than August 2019. That marked the highest number of h...

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Interest Rate Update

The September 24, 2020, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.90%, unchanged from 2.87% last week. The 15-year fixed was 2.40%, u...

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