March 15, 2025

Housing crisis

Funds

Northwest tribes receive millions in funding for new housing

Tribes in Idaho, Oregon and Washington are building new tribal housing with grant funds from the U.S. Department of Housing and Urban Development. “There was a total of $150 million nationwide, of which we had four awardees in the Northwest totaling about $12 million dollars,” said Tom Carney, the administrator for the HUD Northwest office

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Loans

Housing market update: 30-year fixed mortgage rates drop to 6.47 percent

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate. The rate fell to 6.47% from 6.73% last week, mortgage buyer Freddie Mac said Thursday. A year ago,

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Mortgage

A September Fed interest rate cut won’t fix the housing crisis 

We’re in some weird times. On Friday, it was a weaker-than-expected jobs report, and on Monday, there was a global stock market meltdown. The one bright spot is that weekly mortgage rates fell to their lowest level since February, so that’s good news for potential homebuyers or those who have been waiting to refinance or

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Finance

Los Angeles was overpriced so I moved to Tulsa. My extended family followed me here, and we love it—and I’m a homeowner

If you had asked me to point out Oklahoma, let alone Tulsa, on a map three years ago, I wouldn’t have been able to do it. Fast forward to today and, while my geography hasn’t much improved, I can not only point out Oklahoma on a map, I live there. I’m a native Californian—born in

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