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  • By JENNIFER PELTZ
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NEW YORK (AP) — New York City is taking a novel approach to addressing enduring pockets of the home foreclosure crisis. It's buying long-unpaid mortgages, with plans to help owners stay in their homes, if possible, or use the properties as affordable housing, if not.

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This Thursday, May 26, 2016, photo shows a home with an "In Escrow" sign in Encinitas, Calif. On Thursday, June 30, 2016, Freddie Mac reports …

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WASHINGTON (AP) — Long-term U.S. mortgage rates slid to new lows for the year this week amid market upheaval stoked by Britain's vote to leave the European Union. Rates are at three-year lows at the height of the spring home buying season.

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AP web only
  • The Associated Press
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WASHINGTON — Long-term U.S. mortgage rates slid to new lows for the year this week amid market upheaval stoked by Britain’s vote to leave the …

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FILE - In this April 1, 2013 file photo a statue of Poland's General Thaddeus Kosciuszko is enveloped in the early morning fog in Lafayette Pa…

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FILE - This Nov. 10, 2010 file shows a sculpture of Thaddeus Kosciuszko in Philadelphia. Alternate spellings include Tadeusz for his first nam…

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In this June 8, 2016 photo, people walks past the Thaddeus Kosciuszko National Memorial in Philadelphia. It is the smallest national park and …

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In this June 8, 2016 photo, park ranger Adam Duncan, left, and senior museum curator Robert Giannini take part in an interview with The Associ…

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FILE - In this , Sept. 30, 2013 file photo, visitors take in the Liberty Bell at Independence National Historical Park in Philadelphia. The Th…

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In this June 8, 2016 photo, an interior view of the Thaddeus Kosciuszko National Memorial in Philadelphia is shown. It is the smallest nationa…

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In this June 8, 2016 photo, senior museum curator Robert Giannini speaks during an interview with The Associated Press about a re-created bedr…

AP
  • By KATHY MATHESON
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PHILADELPHIA (AP) — If the hip-hop Broadway smash "Hamilton" can reignite interest in the first U.S. treasury secretary, what will it take to drum up interest in another forgotten hero from America's fight for independence?

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BATON ROUGE, La. (AP) — A surge of home sales in Ascension Parish helped lift metro Baton Rouge's May tally by 11.7 percent.

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AP
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IOWA CITY, Iowa (AP) — Neighboring property owners have filed an appeal with Iowa City Board of Adjustment in an effort to stop an Iowa City c…

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A woman walks passes a display of the Hang Seng Index at a bank in Hong Kong, Wednesday, June 29, 2016. Asian stock markets rallied on Wednesd…

AP
  • By DAVID McHUGH and MARTIN CRUTSINGER
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FRANKFURT, Germany (AP) — Savers will suffer longer with zero returns on their accounts. Home buyers, companies and governments will keep on borrowing cheaply. And questions will grow further about whether central banks are creating bubbles in financial markets by keeping interest rates near or below zero.

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ANN ARBOR, Mich. (AP) — Plans to renovate the historic State Theatre in Ann Arbor call for four separate theaters at the movie house, doubling the current number of screens.

  • By JOSH BOAK
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WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in May, with the year-over year pace of pending sales sliding for the first time in nearly two years.

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This June 11, 2016 photo shows the open trunk of a car packed with luggage and supplies for a week at a vacation rental house in Rehoboth, Del…

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This June 17, 2016 photo shows a beach house rental home in Rehoboth, Del. What you need to bring to a vacation rental home may seem obvious, …