The Los Angeles Post
U.S. World Business Lifestyle
Today: March 27, 2025
Today: March 27, 2025
ALEX VEIGA

ALEX VEIGA

Staff Writer

Latest From ALEX VEIGA

Business|Economy|Finance|US

Average US rate on a 30-year mortgage dips to 6.65% after rising for 2 weeks

The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what's traditionally the housing market's busiest time of the year

Average US rate on a 30-year mortgage dips to 6.65% after rising for 2 weeks
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Wall Street gains ground after shaking off four-week losing streak

Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war

Stock market today: Wall Street gains ground after shaking off four-week losing streak
Asia|Business|Economy|Political|Stock Markets|US

Stock market today: Wall Street closes higher, snapping a 4-week losing streak

U.S. stocks shook off a weak start and ended slightly higher, enough to break a four-week losing streak

Stock market today: Wall Street closes higher, snapping a 4-week losing streak
Business|Economy|Finance|US

Average US rate on a 30-year mortgage rises slightly for the second week in a row

The average rate on a 30-year mortgage in the U.S. rose slightly for the second week in a row, a modest setback for prospective home shoppers as the spring homebuying season ramps up

Average US rate on a 30-year mortgage rises slightly for the second week in a row
Business|Economy|US

US home sales rose in February as mortgage rates eased and more homes put up for sale

Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers

US home sales rose in February as mortgage rates eased and more homes put up for sale
Business|Economy|Political|US

Tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects

Shopping for a new home

Tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects
Business|Economy|Finance|US

Average US rate on a 30-year mortgage edges higher, ending a seven-week slide

The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for home shoppers just in time for the spring homebuying season

Average US rate on a 30-year mortgage edges higher, ending a seven-week slide
Business|Economy|Finance|Stock Markets|US

Mortgage lender Rocket Cos. to acquire real estate brokerage Redfin in deal valued at $1.75 billion

Mortgage lender Rocket Cos

Mortgage lender Rocket Cos. to acquire real estate brokerage Redfin in deal valued at $1.75 billion
Business|Economy|US

EXp Realty CEO expects US home sales will rise modestly this year and a more buyer-friendly market

Elevated mortgage rates and rising home prices are freezing out many would-be buyers, and that's keeping the U.S. housing market in a years-long slump

EXp Realty CEO expects US home sales will rise modestly this year and a more buyer-friendly market
Business|Economy|Finance|US

Mortgage rates have declined but could stay at a level that makes it tough to afford a home

Mortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial flexibility just as the spring homebuying season gets going

Mortgage rates have declined but could stay at a level that makes it tough to afford a home
Asia|Business|Economy|Finance|Political|Stock Markets|US

Wall Street falls again as losses wipe out all post-election gains for the S&P 500

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500

Wall Street falls again as losses wipe out all post-election gains for the S&P 500
Business|Economy|Political|US|World

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
Business|Economy|Finance|US

January home sales fall as high mortgage rates, prices freeze out would-be buyers

Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market

January home sales fall as high mortgage rates, prices freeze out would-be buyers
Business|Economy|Finance|US

Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year for home sales

Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline
Business|Economy|Travel|US

Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history

Business|Economy|Finance|US

Looking for a new home? Builders offering valuable incentives to entice homebuyers

Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs

Business|Economy|Finance|US

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
Business|Economy|Finance|Stock Markets|US

Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit

Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control costs

Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit
Business|Economy|Finance|US

Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season

Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
Business|Economy|Finance|US

2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach

Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market

2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach
Business|Economy|Environment|US

US economic losses from natural disasters soared in 2024, even as they eased globally

Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts

US economic losses from natural disasters soared in 2024, even as they eased globally
Business|Technology|US

FTC bans GM from sharing driving data to settle claims that the automaker sold data without consent

General Motors will be banned for five years from disclosing data that it collects from drivers to consumer reporting agencies as part of a settlement with the government to resolve claims that the automaker shared such data without consumers’ permission

Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street closes lower, giving S&P 500 another losing week

Stocks closed lower on Wall Street, giving the S&P 500 its second losing week in a row

Stock market today: Wall Street closes lower, giving S&P 500 another losing week
Business|Economy|News|US

Home sales fell again in August as homebuyers grapple with rising mortgage rates and prices

Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates, rising prices and a dearth of properties on the market shut out many would-be homebuyers

Home sales fell again in August as homebuyers grapple with rising mortgage rates and prices
Economy|Finance|News|US

The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high

The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an increasingly less affordable housing market

The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high

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