BANKING
- Share via
<i> Times Staff and Wire Reports</i>
Key Mortgage Rate Keeps Climbing: The Federal Home Loan Bank of San Francisco said the 11th District cost of funds--the rate to which many adjustable-rate home mortgages are tied--rose to 4.747% in January from 4.589% in December. The rate is at a two-year high following a steady increase during 1994. The 11th District measures the average cost of funds to the thrifts and financial institutions in the bank’s 11th District, which covers California, Arizona and Nevada.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
