The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. Mortgage buyer Freddie Mac said Thursday that the rate ticked up to 6.79% from 6.72% last week. That’s still down from a year ago, when the rate averaged 7.5%. When mortgage…… MORE
President-Elect Trump Picks Susie Wiles as White House Chief of Staff
DALLAS = (WBAP/KLIF) – President elect Donald Trump taps his campaign senior adviser Susie Wiles as White House Chief of Staff Wiles is a veteran of Florida politics, and directed Trump’s campaign to victory in the state in 2016. She also helped Ron DeSantis’ 20 18 campaign for Florida governor, before a falling out that…… MORE
Fed Cuts Interest Rate Again
DALLAS – (WBAP/KLIF) – In a unanimous vote, the Federal Open Market Committee has lowered its benchmark overnight borrowing rate by a quarter percentage point, to a target range of 4.50%-4.75%.The Fed justifies easing the rate as it supports employment as as much of a priority as stopping inflation. This rate sets what banks charge…… MORE
Search ends for Wylie Woman – She is Found Safe
WYLIE (WBAP/KLIF News ) – Wylie Police have found a woman who was declared missing earlier this week. The woman, 45-year-old Melonie Ballenger, was found safe, police say. Ballenger is currently getting medical attention and is being reunited with her family, police added. (Previous Story) The search for a Wylie woman who vanished is intensifying.…… MORE
City of Richardson CANCELS Boil Water Notice
RICHARDSON (WBAP/KLIF News ) – The City of Richardson has lifted a boil water notice for residents in the southwest region of the city, indicating the water is now safe to drink after an equipment malfunction Wednesday. in a statement issued Friday, the city said the public water system took the necessary actions to restore…… MORE