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☆ 3 couples who recently got mortgage interest rates under 3% share how they did it
▼ + stars: | 2024-09-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +10 min

Read previewOver the past few years, US mortgage rates have fluctuated wildly, leaving both homebuyers and sellers scrambling. AdvertisementThis can lead to significantly lower interest rates, making monthly mortgage payments more affordable and saving thousands over the life of the loan. The Federal Open Market Committee, which oversees US monetary policy, is expected to cut interest rates at its meeting this week. This could lead to further declines in mortgage rates in the coming months. Here are the stories of three homebuying couples who secured mortgage rates below 3% since March 2023 using assumable mortgages.

Persons: —, Louis, Freddie Mac, aren't, Grace Lucchese, Mickey Ricard, Boston —, Lucchese, Ricard, Riccard, Brian Sankey, Fort Knox, Sankey, Brian Sankey Sankey, wouldn't, Amy Yzaguirre, Yzaguirre, I've Organizations: Service, Federal, Fed, Federal Reserve Bank of St, Business, Federal Housing Administration, Department of Veterans Affairs, Market Committee, Boston, Lucchese, assumable Veterans Affairs, Veterans Affairs, Army, Toyota Tacoma Locations: Lucchese's, Sudbury , Massachusetts, Boston, couple's Massachusetts, Elizabethtown , Kentucky, Fort, Elizabethtown, Oregon, Idaho, Tigard, Portland, Sherwood

☆ The plastics industry says chemical recycling could help banish pollution. It’s ‘an illusion,’ critics say
▼ + stars: | 2024-05-30 | by ( Laura Paddison | ) edition.cnn.com time to read: +11 min

CNN —A squat, light-colored building in Tigard, Oregon, was supposed to be part of a game-changing new solution for the global plastics industry. And unlike mechanical recycling, where the quality of the product declines each time, chemical recycling promises virgin-quality plastics. Chemical company Dow says it plans to build multiple chemical recycling facilities in the US and Europe, adding as much as 600,000 tons (1.2 billion pounds) of recycling capacity by 2030. “Mechanical recycling simply uses less energy and chemicals than does chemical recycling, making it overall cheaper and less environmentally impactful,” she said. With that kind of industry pressure, said Congdon, it’s easy to see why chemical recycling may be attractive to policymakers.

Persons: Jennifer Congdon, Congdon, “, ”, Big, Yuri Cortez, Davis Allen, what’s, isn’t, Taylor Uekert, Chaideer Mahyuddin, Mike Kemp, Brightmark, NREL’s Uekert, Allen, ” Congdon Organizations: CNN, Regenyx, Plastics, Getty, Climate Integrity, Companies, Chemical, Dow, Oil, Exxon, American Chemistry Council, National Renewable Energy Laboratory, Beyond Plastics, ACC, Center Locations: Tigard , Oregon, Venezuela, AFP, Europe, Asia, Banda Aceh, Indonesia, London, Baytown , Texas, Ashley , Indiana, Macon, Bibb , Georgia, Indiana, The Indiana

☆ 4 abandoned mansions for sale across the US — and why they're so unsellable
▼ + stars: | 2024-05-26 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

This seven-bedroom 'zombie mansion' near Portland, Oregon, is listed for $1.3 million. The "zombie" house near Portland, Oregon, is now covered in graffiti. In Tigard, Oregon, about 10 miles outside Portland sits a 9,052-square-foot, seven-bedroom house that's never been lived in. It's been abandoned since 2008, after the builder had complications with his building loan during the recession, the Oregonian reported in December 2023. "The bones are good, and when it's built out, it will be a $3 to $6 million property."

Persons: Eric Squires, It's, Eric Squire, Squire, it's Organizations: Oregonian Locations: Portland , Oregon, Tigard , Oregon, Portland

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