Roundup: Bad news, buyers / A 1960s solution / Small changes, big impact
Baton Rouge Business Report·2026-03-20 14:31
Homebuying gets harder: The average long-term U.S. mortgage rate climbed this week to its highest level in more than three months, a setback for prospective home shoppers this spring homebuying season. The benchmark 30-year fixed rate mortgage rate rose to 6.22% from 6.11% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.67%. Read more from The Associated Press. Modular homes, revisited: A bold vision from the 1960s is drawing renewed attention amid today’s housing cris ...