SALT LAKE CITY — It’s a difficult time for Utah homebuyers as high mortgage rates are keeping some of them on the sidelines. Mortgage rates sat at nearly 7.4% nationally as of Wednesday afternoon, according to Mortgage News Daily. That’s a difference of hundreds of dollars in monthly payments on a typical Utah home compared
SALT LAKE CITY — Congress in 2021 passed a $1 trillion infrastructure package that included $14.2 billion in funding for the Affordable Connectivity Program which helped connect millions of Americans to high-speed internet. Now the program is at risk of losing funding after April unless it receives additional backing from Congress, according to a statement
Estimated read time: 4-5 minutes LOS ANGELES — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans. The National Association of Realtors said