Business
Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance.
Sept. 15, 2024
California
Gov. Gavin Newsom vetoed a controversial bill that would have extended home mortgage aid to undocumented immigrants in California.
Sept. 6, 2024
In an effort to help undocumented immigrants in California buy homes, lawmakers gave final approval to Assembly Bill 1840, sending it to Gov. Gavin Newsom.
Aug. 29, 2024
Having a mortgage in retirement used to be uncommon, but that’s no longer the case. They key is affordability.
April 28, 2024
Updates
City National Bank has announced that Rick Bechtel has joined the bank as executive vice president and head of mortgage & residential lending.
May 8, 2024
Mortgage interest rates have fallen into the low 6% range this summer, and some experts say more declines probably are around the corner.
Sept. 18, 2024
Housing & Homelessness
California officials say they expect the mortgage relief program for homeowners suffering pandemic-related financial hardships will soon exhaust its federal funding.
April 22, 2024
The state is again expanding its federally funded mortgage relief program to help more Californians. People who missed mortgage payments as late as Feb. 1 are now eligible for help.
Feb. 12, 2024
Mortgage interest rates have fallen more than a percentage point since October. The drop relieves prospective buyers, but experts say rates are likely to stay high.
Dec. 21, 2023
Lower interest rates will ultimately help with credit card and real estate purchases, but it may take months for these benefits to seep to consumers.