News
Oregon’s unemployed outnumber job openings by 2 to 1
2+ hour, 30+ min ago (400+ words) The number of open jobs in Oregon declined last fall to the lowest number in more than five years, another discouraging signal from the state's declining labor market. Oregon employers had just 46,000 job openings last fall, according to new state…...
Long-term mortgage rate barely budges as Fed pauses cuts
2+ day, 6+ hour ago (348+ words) The average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears. The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie…...
Long-term mortgage rate inches up but holds near lowest point in more than 3 years
1+ week, 3+ day ago (449+ words) The average long-term U.S. mortgage rate edged up for the second week in a row, but remains just above its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.1% from 6.09% last week, mortgage buyer…...
Long-term mortgage rate edges higher, but remains near 3-year low
2+ week, 3+ day ago (364+ words) The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.09% from 6.06% last week, mortgage buyer Freddie Mac said Thursday. One year…...
Long-term mortgage rate stays near recent low to kick off new year
1+ mon, 4+ hour ago (471+ words) The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low. The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That's up slightly from 6.15% last week, when the average rate dropped…...
Not everything in Oregon is getting pricier. Here’s what costs more and what doesn’t in 2025
1+ mon, 3+ week ago (1031+ words) The cost of many parts of daily life went up in Oregon in 2025 " groceries, restaurants, cars, gasoline, utilities and even parking. But " surprise " the cost of a few things went down, including rent in Portland. So did the price of…...
Readers respond: Don’t sap Oregon economic development funds
1+ mon, 4+ week ago (301+ words) Letters to the Editor can be submitted to [email protected] with full name and place of residence. Gov. Tina Kotek's commitment to boosting prosperity through economic development is encouraging, and I hope her efforts are successful, (Oregon's governor unveiled a "roadmap…...
Oregon leaders pledge to make the state more business-friendly, but offer few specifics
1+ mon, 4+ week ago (527+ words) Oregon elected officials" reckoning with souring economic indicators was on full display Monday at a state business conference, where leaders acknowledged the challenges facing the state"s businesses but offered few specific fixes. Democrats shared a couple of specific policy…...
Oregon’s governor unveils a ‘roadmap’ to business prosperity. Here’s what’s at stake
2+ mon, 6+ day ago (611+ words) Gov. Tina Kotek on Tuesday unveiled a plan to boost Oregon's economy and make the state more business friendly as it faces sluggish population growth, high housing costs and other faltering economic indicators. The blueprint, which the governor is calling…...
Oregon income growth slows, falling behind the nation — and inflation
2+ mon, 1+ week ago (397+ words) Oregon's income growth has slowed markedly over the past two years, raising financial pressures as the state faces a range of economic headwinds. Oregon's income grew far faster than the rest of the nation in the aftermath of the Great…...