A home for sale in Fort Washington, Pa., on Oct. 17.

Long-term mortgage rates fall

WASHINGTON – Long-term U.S. rates slipped this week, reversing two straight weekly increases.

Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages fell to 3.88 percent from 3.91 percent last week. A year ago, the benchmark rate stood at 3.52 percent.

The rate on 15-year, fixed-rate mortgages dipped to 3.19 percent from 3.21 percent last week. A year ago, the 15-year rate was 2.79...


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  • Business Briefs

    The Subway located near Walmart at 1145 S. Camino del Rio was purchased in September by Jim Cagle Jr. of J & L Sandwiches, from former owners Steve and Ann Redding, and Scott and Christina Schaefer.

    J & L Sandwiches operates several Western Slope Subway locations, including the two in Cortez.
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    Mountain Middle School recently hired Amy Hackmeier as behavioral health specialist.

    In her new position, Hackmeier will support behavior health needs of students, implement learning strategies and expand the socio-emotional learning curriculum to make bullying, suicide and substance-abuse prevention more effective at the school. She will also participate in integrated-health visits at...
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