March 15, 2025

housing

Funds

Welcome Inn presented final round of ARPA funds

Boone County is continuing its efforts to create affordable housing options for residents, as organizers presented the final round of ARPA funding to Welcome Inn. The Boone County Commission hosted a presentation on Friday, awarding Welcome Inn $850,000. This comes after county commissioners agreed to spend $3 million in ARPA funds, specifically on groups that

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Property

Property Transfers July 22-29 | Westport Journal

248 Hillspoint Road – Photo SmartMLS, Inc. WESTPORT–During the week of July 22-29, 13 properties traded hands for a total of $32.9 million, generating $82,200 in conveyance tax. One year ago, 11 properties changed hands for $25.2 million. 101-107 Post Road E & 26-28 Church Lane sold for $10,650,000.Seller: WW 101-107 Post LLC.Buyer: 107 Post

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Funds

Habitat to receive affordable housing funds from Brainerd – Brainerd Dispatch

BRAINERD — Habitat for Humanity will get funds from Brainerd to build three new homes for families in need. Another local housing nonprofit will not receive funds requested from the city. While housing is a hot topic in Brainerd on the heels of a council decision to enact an ordinance that bans camping — including

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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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Property

Utah property taxes: Where are increases planned?

More than 60 taxing entities across Utah are considering property tax hikes and, if approved, 19 proposed increases would affect Salt Lake County residents. To find which entities want to hike taxes in your area, input your address into the graphic below and click on your location to scroll through all the governments and agencies

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Loans

Mortgage Rates Set to Soar for Over 100,000 Americans

Thousands of homeowners who took adjustable-rate mortgage loans (ARMs) five years ago are set to see their rates suddenly skyrocket as the initial offer they accepted expires and payments are adjusted based on current market conditions. An estimated 1.7 million homeowners have bought homes with adjustable-rate mortgages since 2019, according to data from Intercontinental Exchange

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Property

Benton County faces higher taxes amid property value reappraisal

WE WILL HAVE COVERAGE OF THAT FOR YOU TOO. A REAPPRAISAL OF REAL ESTATE PROPERTIES IN BENTON COUNTY HAS MADE MANY PEOPLE FRUSTRATED WITH RISING COSTS. 40/29’S ABNER SOSA TALKED TO THE COUNTY ASSESSOR ABOUT WHY PRICES ARE GOING UP. <> IF YOU LIVE IN BENTON COUNTY – YOU MAY HAVE GOTTEN A NOTICE IN

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Mortgage

The typical monthly housing payment falls from an all-time high

Mortgage rates are hopefully coming back down to earth. So far daily mortgage rates have fallen to 6.81% and weekly rates to 6.77%, their lowest readings in months. For some homebuyers, it represents thousands of dollars in new purchasing power; for others, it’s pushing monthly mortgage payments down, according to Redfin. The typical monthly housing

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Investors

San Diego County passes proposal to limit big investor home purchases – NBC 7 San Diego

The San Diego County Board of Supervisors voted 3-1 Tuesday in favor of a proposal that will address corporate “bad actors” who purchase homes and, in the words of the proposal, contribute to an already difficult affordable-housing situation. Vice Chair Terra Lawson-Remer said her sponsored policy aims “to protect communities from illegal business practices, and

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