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Personal Finance

Why are mortgage rates so high right now?

A local mortgage broker explains the rates and the misinformation surrounding how they are set and what impacts them

Higher gas and rents keep US inflation elevated

The latest figures on consumer prices threaten to torpedo the prospect of multiple interest rate cuts from the Federal Reserve this year.

THE LATEST
Stocks hit record highs after Fed forecasts interest rate cuts

The Nasdaq, S&P 500 and Dow Jones industrial average all rose after the Federal Reserve indicated it expects to issue three interest rate cuts in 2024.

Gas prices on the rise with seasonal switch

Gasoline prices are rising in line with the seasonal switchover to summer blend fuels this week, with the national average for a gallon of gas up about 7 cents.

 
Southwest Gas users to get a discount on April bills

Southwest Gas says it will continue to decrease its fuel cost rates, but it doesn’t mean all rates in a customer’s bill will decrease in 2024.

 
How much do Las Vegas residents need to make to afford rent?

The amount of money Las Vegas households need to make be able to afford rent in the valley is now above the median household income, according to a new report from Zillow.