Real Estate

Steve Jobs' widow grabs $94 million California lot

Laurene Powell Jobs recently became the new owner of a property in the Paradise Cove community of Malibu, California,, with the transaction costing her an eye-popping $94 million, the Los Angeles Times reported.

Mortgage rates fall to 6.95%

Mortgage rates fell for the second consecutive week, with the average 30-year fixed-rate mortgage declining to 6.95%. Rates remain stubbornly high for many would-be buyers.

Mortgage rates tick down, back below 7%

Mortgage rates dipped back below 7% this week, according to Freddie Mac's latest data, with the 30-year fixed-rate mortgage ticking down to 6.99%, remaining stubbornly high.