Business

Mortgage rates fall below 6% for first time since 2022

close video Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 5.98% from last week’s…

Waymo to bring driverless cars to Chicago, eyes Midwest expansion

Waymo is expanding into Chicago as it works to scale its autonomous ride-hailing business beyond its existing markets and establish a foothold in the Midwest. The Alphabet-owned company said Wednesday it has begun “laying the early groundwork” for operations in the city, starting with mapping and manual vehicle testing –…