LOS ANGELES — The average long-term U.S. mortgage rate fell for the third time in as many weeks, a welcome boost for homebuyers facing a housing market that’s been held back this year by a tight inventory of homes for sale. Mortgage buyer Freddie Mac said Thursday that the average ...
WASHINGTON (AP) — About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple impalements, lacerations and puncture wounds were reported in children playing with them. Zuru, an El Segundo, California-based toymaker, said it’s recalling both ...
LOCK HAVEN — Woodlands Bank is proud to announce that Rich Kuczawa will be taking on the role of Vice-President, Retail Lending and Sales Manager. Kuczawa has been in the banking industry for 36 years. He joined Woodlands Bank in 2018 as an Office Manager for the Lock Haven office. After ...
The average long-term U.S. mortgage rate fell again this week, positive news for potential homebuyers after rates reached their highest level since November earlier this month. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan slipped to 6.69% from 6.71% last week. A year ago, the rate averaged 5.78%. Despite easing the past two weeks, the average rate is only down slightly from its 2023 high of 6.79% set in early June. The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, rose this week to 6.10% ...
BELLEFONTE — Hospitality Asset Management Company (HAMCO) is continuing its steady growth by developing a Tru by Hilton in the Bellefonte/State College area along the I-99 corridor and Benner Pike interchange. Edward Tubbs, Chief Operating Officer of Hospitality Asset Management Company Inc., stated, “We continue to be proud of our company’s growth and are excited to increase our portfolio footprint in our home region of Centre County. The local communities have been very supportive and welcoming for us to have a larger presence in the region.” “We are equally proud of our ...
FRANKFURT, Germany — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher. The Saudi cut of 1 ...
