In the first full week of the new year, the 30-year fixed-rate mortgage stayed elevated, just below 7%, continuing to challenge homebuyers amid high housing prices and limited inventory. Economic resilience has kept upward pressure on mortgage rates, further straining...
Troutman Receives Clean Audit Report for 2023-2024 Fiscal Year
Troutman, NC – The Town of Troutman received a clean audit report for the 2023-2024 fiscal year, signaling strong financial management and accountability. Accountant Alan Thompson presented the audit findings during Thursday's town council meeting, commending Finance...
Governor Stein, HUD Announce $1.65 Billion for Helene Recovery in WNC
On Tuesday, Governor Josh Stein joined The Honorable Adrianne Todman, head of the Department of Housing and Urban Development (HUD), in Asheville to announce two major Community Development Block Grant Disaster Recovery (CDBG-DR) awards, totaling more than $1.65...
Attorney General Sues Six Landlords for Illegal Rent Hikes
RALEIGH – Today, Attorney General Jeff Jackson sued six landlords for illegally working together and with the software company RealPage to raise North Carolinians’ rents. The six landlords are Greystar Real Estate Partners LLC, Blackstone’s LivCor LLC, Camden Property...
Tillis Helps Secure $1.65 Billion in Disaster Block Grants for WNC
WASHINGTON, D.C. – Today, Senator Thom Tillis announced $1.65 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds to help rebuild communities devastated by Hurricane Helene. This funding comes directly from the bipartisan...
CFPB Finalizes Rule to Eliminate Medical Debt from Credit Reports
The Consumer Financial Protection Bureau (CFPB) has announced the finalization of a rule that will remove medical debt from credit reports, a move expected to significantly impact the financial health of millions of Americans. This action will raise credit scores by...
Winter Weather Disrupts Travel at Charlotte Douglas
Charlotte, N.C. — Winter weather on Monday caused significant travel disruptions at Charlotte Douglas International Airport, with over 330 delays and more than 100 cancellations reported as freezing rain and icy conditions affected the region. Airport crews worked...
2025 State of the American Driver: Rising Costs Reshape Budgets
PALO ALTO, Calif., Jan. 2, 2025 /PRNewswire/ -- Jerry, America's AllCar™ app, today releases the findings from its fourth-annual State of the American Driver Report, revealing how rising car ownership costs are tightening household budgets and...
Iredell County Unemployment Rate Rises Slightly in November
RALEIGH, N.C. — Unemployment rates increased in the majority of North Carolina counties in November 2024, reflecting broader state and national trends. According to data released by the North Carolina Department of Commerce, unemployment rates (not seasonally...
IRS Announces Tax Filing Deadlines for Disaster-Area Victims
WASHINGTON —The Internal Revenue Service today reminded disaster-area taxpayers who received extensions to file their 2023 returns that, depending upon their location, their returns are due by Feb. 3 or May 1, 2025. Currently: Taxpayers in the entire states of...