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The Chronicle Telegram in Elyria, Ohio

23 Sep 2024

Page 5

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 23, 2024

Page

5

Fed rate cut cools fears but housing still unaffordable

The Federal Reserve signaled more cuts to come aiding buyers and refinancers, but mortgage rates near 6 percent keep affordability tight as home prices stay near record highs. Analysts expect rates to drift, not drop dramatically, with demand and supply shaping fall activity.

MENTIONED IN THIS ARTICLE

Federal Reserve Fed Danielle Hale Realtor.com Freddie Mac U.S Los Angeles Fannie Mae Treasury Rob Cook Discover Home Loans Nick Young Phoenix Evergreen Colorado Young Tampa Florida Mike Opyd Re/Max Premier Chicago Opyd Leo Pareja eXp Realty Drew Yae Bellingham Washington Yae Mortgage Bankers Association Mike Fratantoni MBA Navy Federal Credit Union Darik Tolnay CrossCounty Mortgage Lakewood Tolnay
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San Francisco clamps down on homeless encampments

San Francisco reports a sharp drop in outdoor homelessness with January counts under 3,000 sleeping outdoors, as Mayor London Breed expands enforcement and funds shelter beds, while advocates warn homelessness persists and shelter rules shape relocation. City data shows 1,200+ tents removed and 150+ illegal lodging citations since August, with 60 new cabins and 4,200+ beds across the system.

MENTIONED IN THIS ARTICLE

San Francisco London Breed U.S. Supreme Court Terry Aston Bennett Cliff Castro Lukas Ila Coalition On Homelessness California Santa Cruz Los Angeles Mission Market Steven Burcell Breed Gavin Newsom
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