April 26, 2024
Mortgage

‘I got frustrated and gave up’: High mortgage rates keep some Utah homebuyers on the sidelines

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

Read More
Property

Victims Of China Floods Race To Salvage Property

Pictures by Hector Retamal. Video by Qian Ye Victims of severe floods in southern China raced on Wednesday to salvage property from the muddy waters, as authorities warned of more heavy rains to come. Massive downpours have struck Guangdong province in recent days, triggering deluges that have claimed the lives of four people and forced

Read More
Loans

Bamberg Disaster Loan Outreach Center aided 95 after tornado

BAMBERG — From its opening on March 27 through its closing on April 12, the Bamberg Disaster Loan Outreach Center (DLOC) served a total of 95 Bamberg County residents who were negatively impacted by January’s EF-2 tornado. Specifically, 39 home applications and 10 business applications have been submitted with 45 survivors seeking only information from

Read More
Mortgage

Homebuyers pause as mortgage rates jump

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.

Read More
Funds

Thousands of Utahns could potentially lose access to internet as funds for program set to expire

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

Read More
Crypto

Another Local Facebook Page Taken Over By Cryptocurrency Scammers

(Atlantic) Denise O’Brien, of Atlantic, would like the public to be aware that the Cryptocurrency (Bitcoin) scammers have taken over her Facebook account. https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2424/files/2024/03/n-0328-7-obrien.mp3 O’Brien said she found out about her page being hacked after she received an interesting text message. https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2424/files/2024/03/n-0328-8-obrien.mp3 O’Brien uses her account to run her Greenhouse business. She apologizes to her

Read More
Funds

Utah has a ‘heavy dependence’ on federal funds, state auditor finds

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

Read More
Property

Cass County Auditor Reminder: Statements Regarding Proposed Property Tax Rates

(Atlantic) Property owners in Cass County, and across the state will soon receive a new statement in the mail regarding potential property taxes and public hearing dates for cities, schools, and the county, according to Cass County Auditor Kathy Somers. Somers says the new statement aims to inform taxpayers of the time and place of

Read More
Property

Blackstone Boulevard Contemporary Hits the Market at $1,995,000

Sunday, March 03, 2024 GoLocalProv and Residential Properties Content Partnership   View Larger + PHOTO: Residential Properties An impressive Blackstone Boulevard contemporary has hit the market. The listing offered by Residential Properties is listed at $1,995,000. The property offers 3 bedrooms and amazing quality throughout. GET THE LATEST BREAKING NEWS HERE — SIGN UP FOR

Read More
Mortgage

Utahns face higher mortgage rates ahead of spring buying season

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

Read More