Mortgage rates surge higher, further hurting demand

Mortgage rates rose sharply this week in their biggest jump since April, bringing the average rate for a 30-year fixed note to 6.32% as demand fell for a second straight week.

State to put affordable housing on SF DMV site

California Gov. Gavin Newsom has announced the Fell Street DMV office in San Francisco will be transformed into one of the city's biggest affordable housing complexes.