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Property transfers

Property transfers recorded Jan. 12-16 in Trumbull County: Bazetta Elizabeth A. Griffiths to Sean P. Adams Cleland and Stacy L. Adams Cleland, 2526 Hoagland Blackstub Road, $325,000 Braceville Benjamin Moisio and Christina Moisio to Gary Walczak LLC, 4966 Old Windham Ridge Road, $24,000 O’Conner W. Wilson to Joseph Thomas Wiechowski and Maggie M. Mitchell, 600 Braceville Robinson Road, $185,000 Brookfield Tressa A. Trinckes to Joseph D. Hackett, 6220 Warren Sharon Road, $180,000 Dennis G. Lambert and Pam Germadnik to Tyler Oaks McDowell, 7847 Chestnut Road, ...

Trump pushes for lower rates, ban on investor home purchases

President Donald Trump's plans for bringing homeownership within reach of more Americans involve pushing for lower interest rates on home loans and credit cards, and banning large institutional investors from buying single-family homes. In his address Wednesday at the World Economic Forum in Davos, Switzerland, Trump outlined four policies his administration is pursuing in a bid to make homeownership more affordable. Each had been previously mentioned by him or his administration in recent weeks, part of a broader push to address affordability generally, a hot-button issue with voters ...

Average mortgage rate edges higher

The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.09% from 6.06% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.96%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week. That average rate inched up to 5.44%, up from 5.38% last week. A year ago, it was at 6.16%, Freddie Mac said. Mortgage rates are influenced by several factors, from the ...

NEW YORK (AP) — The U.S. stock market bounced back from its worst day since October on Wednesday after President Donald Trump said he reached the framework for a deal about Greenland, an island he’s long coveted, and won’t impose tariffs he had threatened on several European countries. The S&P 500 rallied 1.2% after Trump said the deal, “if consummated, will be a great one for the United States of America” and its allies in the North Atlantic region. The announcement triggered an immediate move higher in the stock market, which found solace earlier in the day after Trump ...

Wall Street sinks as Trump threatens tariffs for European countries over Greenland

NEW YORK (AP) — Stocks slumped on Wall Street Tuesday after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland. The losses were widespread, with nearly every sector losing ground. Major indexes in the U.S. extended losses from last week in what has been a wobbly start to the year. The S&P 500 fell 143.15 points, or 2.1%, to 6,796.86. It is the steepest drop for the benchmark index since October. The Dow Jones Industrial Average fell 870.74 points, or 1.8%, to ...

Unemployment claims rise in state

Staff report Initial unemployment claims in Ohio jumped approximately 3,000 last week, the Ohio Department of Job and Family Services reported Thursday. From Jan. 4-10, Ohioans filed 11,492 initial claims, which was 3,028 more than the previous week. A total of 67,146 continued unemployment claims were logged in the same period. That was 3,850 more than the prior period. Total claims filed from last week were 78,638. Since August, unemployment has fallen in the Mahoning Valley. Mahoning County experienced a 4.5% rate in November, compared to 4.7% in September and 5.7% the month ...