Average long-term US mortgage rate jumps to 7.23% this week to highest level since June 2001
The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling with rising home prices and a stubbornly low supply of properties on the market.
Home sales in June fell to the slowest pace since January with near-historic low inventory for sale
Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines.
Tesla directors to return more than $735 million to company to settle suit challenging compensation
Current and former directors of Tesla Inc. have agreed to return more than $735 million to the electric-vehicle maker to settle a shareholder lawsuit alleging that they unjustly enriched themselves with excessive compensation.
Biden's brother says the president is 'very open-minded' about psychedelics for medical treatment
President Joe Biden’s youngest brother said in a radio interview that the president has been “very open-minded” in conversations the two have had about the benefits of psychedelics as a form of medical treatment.
Angels have a 13-run inning and set franchise records for runs and hits in 25-1 rout of Rockies
Mike Trout, Brandon Drury and Matt Thaiss hit homers on consecutive pitches to open a 13-run third inning and Mickey Moniak capped it win a two-run homer in the Los Angeles Angels’ record-setting 25-1 rout of the Colorado Rockies.
May home sales rise with near record-few on the market and biggest annual price drop since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, as a near all-time low supply of available properties constrained the housing market.
Family of Colorado man killed by police during mental health crisis gets $19 million settlement
The parents of a 22-year-old Colorado man killed by a sheriff’s deputy while suffering a mental health crisis will get $19 million from state and local agencies and changes to how officers are trained under a settlement.
Justice Dept. settles with New Jersey county over ballot languages, highlighting widespread barrier
The Justice Department has reached a settlement with a New Jersey county over language barriers for Spanish-speaking voters, emphasizing a growing challenge for certain minority communities nationwide.
Body found near Denver high school shooting suspect's car
A sheriff said that a body was found Wednesday night during a search in the Colorado woods near where they had found an abandoned car that belonged to a 17-year-old student accused of shooting two administrators at his Denver high school earlier in the day.