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Today’s News

Long-term US mortgage rates slip this week

PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Long-term U.S. mortgage rates dropped slightly this week. The mortgage buyer Freddie Mac says the benchmark 30-year, fixed-rate mortgage averaged 3.90 percent, down from 3.91 percent last week. The rate stood at ...

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ABC: Construction backlog up in first quarter

The backlog of work that building companies have under contract increased in the first quarter of the year, showing that demand for construction services remains strong. The Associated Builders and Contractors reported Wednesday that its Construction Backlog Indicator increased to ...

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