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How much are rates increasing Denver-area mortgage payments?

Published Tue, 24 Dec 2024 02:49:49 GMT

DENVER (KDVR) — The estimated monthly payment for a mid-priced Denver-area home is nearly twice as high as it was just three years ago.This week, the average long-term U.S. mortgage rate climbed to its highest level in more than 20 years, pressuring an already tight Denver area market that's dealing with low supply and sky-high prices. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year home loan rose to 7.09% from 6.96% last week. Rates haven't been that high since 2002. Denver is nation’s 5th most coveted rental spot Around Denver, that means hundreds and even thousands of dollars of difference in monthly mortgage payments. Denver area homes sold for a median price of $625,000 in July 2023. Assuming a 20% down payment on a 30-year fixed-rate mortgage and average insurance and closing costs, a monthly mortgage payment would be $3,833, according to Bankrate's payment estimator. In the same week in 2020, the same home would cost $2,574 a month in paym...

Suspected carjacker taken into custody in Palm Beach Gardens after multi-county chase

Published Tue, 24 Dec 2024 02:49:49 GMT

Several law enforcement agencies worked together to capture a suspected carjacker after they were led on a multi-county chase. The chase began Friday afternoon after officers spotted a stolen vehicle that matched the description near a home on the 1000 block of Northwest 24th Avenue.When the driver left the scene, police attempted a traffic stop, but the suspect took off. The subject then traveled westbound on Sunrise Boulevard, passing State Road 7. Fort Lauderdale Police continued following the vehicle, which headed northbound on the Florida Turnpike toward Palm Beach County. The subject was traveling at speeds reaching over 100 mph. 7Skyforce hovered over the scene where the vehicle, a white Kia, was stalled in traffic about a mile south on Boynton Beach Boulevard. The subject continued to elude police and approached the Beeline Highway in Palm Beach Gardens. A Florida Highway Patrol trooper than initiated a pit maneuver, which caused the driver to lose control.The driver was t...

Search underway for man in connection to beating, stabbing of woman in Pompano Beach

Published Tue, 24 Dec 2024 02:49:49 GMT

Authorities are searching for a man wanted for attempted murder after, they said, he beat and stabbed a woman in broad daylight in Pompano Beach.Speaking with 7News on Friday, Broward Sheriff’s Office spokesperson Miranda Grossman said the subject remains on the run in Broward County.“This person is very dangerous,” she said.Investigators said the incident happened on Tuesday at around 1:15 p.m., near the 300 hundred block of Dr. Martin Luther King Jr. Boulevard.“He gets out of the vehicle, he runs up to the victim, approaches her from behind and brutally attacks her,” Grossman said. “He beats her and stabs her.”Surveillance video captured the moments that the led up to the brutal attack and its aftermath.“[The subject] flees westbound on Northwest Fourth Avenue in his vehicle,” Grossman said.The woman who was attacked was rushed to the hospital and is expected to be OK. “The attacker is seen wearing black shorts, a white T...

Florida woman arrested for poisoning after allegedly spiking man’s drinks with ‘Raid’ roach spray

Published Tue, 24 Dec 2024 02:49:49 GMT

DELEON SPRINGS, Fla. (WSVN) – A Central Florida woman has been arrested and charged with poisoning a man by allegedly lacing his drinks with Raid roach spray.Deputies from the Volusia County Sheriff’s Office responded to a residence on Wheeler Street in DeLeon Springs around 4:30 a.m., Friday, following reports of a poisoning incident. The victim was found at the scene and later transported to a hospital for medical attention.The victim told law enforcement officials that Veronica Cline, 29, of DeLeon Springs, had returned home after a night of drinking at a local bar and urged him to continue drinking with her. The victim consumed two drinks, after which he began to feel unwell. It was during this period of discomfort that Cline reportedly disclosed that she had put Raid roach spray into his last two drinks.The victim’s condition worsened, and he experienced approximately 30 minutes of vomiting before managing to call for assistance. Disturbingly, even while provi...

Police arrest woman accused of drugging, stealing $40,000 in property from man in Miami

Published Tue, 24 Dec 2024 02:49:49 GMT

There was a break in the case for a South Florida man who was drugged and robbed last year.City of Miami Police on Friday confirmed they tracked down and arrested 34-year old Danyelle Eans.Investigators said the suspect went home with a man she met at a bar in Coconut Grove, slipped something into his drink and stole $40,000 in watches and jewelry. The incident happened last May with officers using a still shot of the suspect in an elevator as their only clue. They were able to track her down, arrest her and trace her DNA to some glasses that were on the victim’s countertop.Police said this man wasn’t her only victim.“Fast forward to just a month ago, local bar, she’s there, meets a man, he says, ‘Let’s go to my apartment,’ takes her to his apartment, and the same MO,” Miami Police Officer Michael Vega said. Eans appeared in bond court on Friday and opted to waive extradition to Texas, where she faces other criminal charges.

Dolly Parton, Paul McCartney and Ringo Starr come together on her ‘Let It Be’ cover

Published Tue, 24 Dec 2024 02:49:49 GMT

(CNN) — Only country music icon Dolly Parton can manage to get Beatles legends Paul McCartney and Ringo Starr together to record a new rendition of one of their band’s most iconic songs.Parton debuted a cover of the hit 1970 Beatles ballad “Let It Be” on Thursday as the latest single from her upcoming rock album “Rockstar,” and the track features both McCartney and Starr.“I was so proud of getting to sing songs like ‘Let It Be’ with Paul McCartney,” Dolly said on an episode of Talk Shop Live Thursday night, adding McCartney sang and played piano and Starr played the drums on the track.Famed rock singer and guitarist Peter Frampton and Fleetwood Mac’s Mick Fleetwood are also featured on the star-studded track.“That in itself is like history,” she said.Parton also spoke about how this “mini Beatles reunion” came together, saying it all started when she simply asked McCartney to collaborate on her version of “Let It Be,” because “it’s his song, he co-wrote that.”She continued...

Florida man arrested for animal cruelty; dogs found without food in severe heat

Published Tue, 24 Dec 2024 02:49:49 GMT

DELTONA, Fla. (WSVN) – A Central Florida man is facing multiple charges of animal cruelty after authorities discovered his dogs had not been properly fed for approximately five weeks and were exposed to severe heat. Zachary Michael Crain, 26, of Deltona, was taken into custody on Tuesday night and subsequently booked into jail Wednesday morning. He faces three felony counts of animal cruelty and three misdemeanor counts of unlawful confinement/abandonment of animals without sufficient food or water.The investigation unfolded when deputies, responding to a request from Deltona Animal Control, arrived at Crain’s residence on Abbott Avenue on Tuesday evening. Animal Control officers had previously taken custody of three dogs — Dolly, Buttercup, and Joker — after they escaped their enclosure earlier in the day. Officers noted the dogs’ deteriorating physical condition compared to their previous encounters.Buttercup, in particular, exhibited visible signs of distress, w...

Cleanup continues after several tornadoes confirmed in Mass. and RI

Published Tue, 24 Dec 2024 02:49:49 GMT

Several communities in Massachusetts and Rhode Island were left with flooding and wind damage Friday after severe weather swept through the region, spawning multiple tornadoes and knocking out power to thousands of people. Officials at the National Weather Service issued several tornado warnings, severe thunderstorm warnings and flash flood warnings beginning early in the morning. As conditions improved around midday, cleanup efforts were getting underway. “Everything was just bent over,” said one man in Weymouth describing the scene as storms hit his area. “You could hear the branches breaking.” The NWS issued the region’s first tornado warning of the day around 8:30 a.m. for parts of Rhode Island. Meteorologists then noted radar indications of tornado debris lofted into the air near Scituate, Rhode Island around 8:40 a.m. as the tornado-warned storm moved through the area.Crews were later on scene around Byron Randall Road in Scituate as of 12 p.m. where tree debri...

Mortgage rates soar to their highest level in 21 years

Published Tue, 24 Dec 2024 02:49:49 GMT

Washington, DC (CNN) — US mortgage rates surged this week, rising to their highest level in 21 years.The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 5.13%.Rates have been above 6.5% since the end of May and climbing higher since mid-July. The last time rates were over 7% was in November of last year when they hit 7.08%. This week’s average rate is the highest the 30-year, fixed-rate mortgage has been since April 2002 when it was 7.13%.Mortgage rates have spiked during the Federal Reserve’s historic rate-hiking campaign sending home affordability to its lowest level in several decades. Buying a home is more expensive because of the added cost of financing the mortgage, and homeowners who previously locked in lower rates are reluctant to sell. The combination of low inventory and high costs has squeezed would-be ho...

Groups pitch Widett Circle to relieve Mass. And Cass. impacts

Published Tue, 24 Dec 2024 02:49:49 GMT

A coalition of Boston businesses and neighborhood groups kicked off a campaign Friday calling for creation of a recovery campus at the MBTA-owned Widett Circle, pitching it as a way to relieve the unyielding pressures of drug use and homelessness in the area known as “Mass. and Cass.”Leaders of the South End Forum, which represents neighborhood associations in Boston’s South End, and the Newmarket Business Improvement District unveiled a proposal that would stand up dozens of temporary cabins that could support residents through various steps of recovery.They set their sights on Widett Circle, a 24-acre property that was previously home to the New Boston Food Mart Corporation, had been eyed as a cornerstone of Boston’s ultimately suspended Olympics bid, and is now owned by the MBTA with plans to transform it into a major rail yard.Steve Fox, who chairs the South End Forum, said the “overriding objective” is to divert people away from the area near...