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Posted inBusiness

Average long-term mortgage rate dips below 7% to lowest level since early August

LOS ANGELES — The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale. The average rate on a 30-year mortgage dropped to 6.95% from 7.03% […]

Posted inMaine

At least 60 Maine schools caught in nationwide hoax threats, prompting lockdowns

Email threats sent to dozens of schools around the state Thursday prompted some Maine schools to initiate lockdowns and notify parents before police determined them to be hoaxes. Schools in Kennebunk, Kennebunkport and Arundel were locked down Thursday morning, but returned to normal operations by early afternoon, according to letters sent to parents. “The nature […]