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Andrew Khouri

Andrew Khouri covers theCalifornia economyfor the Los Angeles Times. Before coming to The Times he wrote about commercial real estate for the San Fernando Valley Business Journal. He holds a master’s degree in journalism from the University of Southern California’s Annenberg School for Communication and Journalism and graduated from the University of San Diego with a degree in history.
Mortgage rates rise to a seven-year high

The average rate on a 30-year fixed mortgage neared 5% this week, reaching a seven-year high, according to mortgage buyer Freddie Mac. The added expense threatens to cause more would-be homebuyers to hold off on a purchase.

In a rarity, Los Angeles strips building from rent control, leaving tenants facing big increases

In a rare case, the city of Los Angeles stripped rent protections from a 38-unit building, leaving tenants facing sharp increase and the prospect for more.

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