Census shows Seattle has lowest percentage of struggling renters

More than one in four American renters pay more than half their income. But in Seattle, the figure has dropped and is now one in five renters.

More Headlines

Buffett again defends lending standards at Clayton Homes

OMAHA, Neb. (AP) — Investor Warren Buffett again defended Berkshire Hathaway's manufactured home unit Monday and praised some of his company's biggest investments. Buffett discussed Clayton Homes' lending practices, interest rates, Berkshire's investments and other topics during an interview on CNBC Monday. Over the weekend, he answered questions in front of more than 40,000 people...

1 in 4 US renters must use half their pay for housing costs

WASHINGTON (AP) — More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities. That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing. The number of such households has jumped 26 percent to...

Average US rate on 30-year mortgage rises to 3.68 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week, but remain near historic lows with the spring home-buying season underway and showing strong sales. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year fixed -rate mortgage increased to 3.68 percent from 3.65 percent last week. The average rate...