(The Center Square) – With just days before Tuesday's election, Los Angeles Mayor Karen Bass has signed an executive directive to streamline how Angelenos search and apply for affordable housing.

On Wednesday, Oct. 28, the Federal Reserve announced that central bankers would leave the federal funds rate unchanged. Since this was in line with market expectations, mortgage rates shouldn’t have much of a reaction — yet.The average rate on a 30-year fixed-rate mortgage slid 10 basis points to 7.17% APR in the week ending Oct....

The U.S. is facing a housing crisis — as in, there isn’t enough affordable housing available for the number of people who need it.The housing shortage is driving up costs of buying. Low supply, teamed with ongoing inflation eating into people’s budgets and mortgage rates over 7%, means there doesn’t seem to be much relief...