WASHINGTON, D.C. — Mortgage rates have jumped to their highest level since Thanksgiving. Potential homebuyers are pressing pause on applying for new home loans. The average US interest rate on a 30-year mortgage is 7.01%, according to the Mortgage Bankers Association. In Utah, the average homebuyer would pay a rate of 6.59%, according to Zillow.
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
SALT LAKE CITY — Federal funds accounted for more than a quarter of Utah’s expenses in the last fiscal year, according to an annual audit, which recommends that lawmakers reconsider such reliance on money from a starkly divided and often dysfunctional Congress. Utah — like many states — has increasingly relied on federal funds following
SALT LAKE CITY — After a welcome dip in mortgage rates, they’re going back up. In just a few weeks, rates have risen above 7%, according to Mortgage News Daily – their highest levels since the middle of December. That’s making it more expensive to borrow money to buy a house. Dejan Eskic, housing analyst
SALT LAKE CITY — The Utah Legislature has unveiled a plan to help build a stadium to bring a Major League Baseball team to Utah. And while it’s giving some people heartburn over using taxpayer money for it, lawmakers say it’s a reinvestment into Salt Lake’s west side and they believe taxes from out-of-state visitors
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
FREMONT COUNTY, Idaho — The attorney representing Chad Daybell has filed to withdraw from the upcoming murder case Friday. According to court documents obtained by KSL, John Prior, Daybell’s attorney, says his client has been declared indigent by the court and can no longer afford his services. “Mr. Daybell does not have the ability to pay