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Mortgages delinquencies remain low

Three percent of all U.S mortgages were in some stage of delinquency – 30 days or more past due, including foreclosure – in December, according to data released this week. That was essentially unchanged from November and a 0.4 percent drop from December 2021, Irvine-based Core Logic reported. Mortgages at …

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Tuesday Morning to shutter stores

Tuesday Morning, the discount home goods retailer, is closing its 31 California stores, including four in the Inland Empire. The chain, which filed Chapter 11 earlier this month, is closing 263 stores nationwide, according to the company’s website. The Inland stores are in Riverside, Rancho Cucamonga, Redlands and Palm Desert. …

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State to end pandemic-related food benefits

CalFresh, the state’s largest provider of food to low-income residents, will soon end the extra emergency benefits it distributed during COVID-19. During the last three years, Californians who were eligible for CalFresh aid received extra allotments to help them get through the pandemic, according to a statement on Riverside County’s …

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CAR says HUD move will make it easier to buy a home

The California Association of Realtors is praising the U.S. Department of Housing and Urban Development for reducing the annual mortgage insurance premium on loans insured by the Federal Housing Administration, a move it said will lead to more homeownership in California. “Today’s move by HUD and the FHA to lower …

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IE population expected to grow considerably

The Inland Empire’s population is expected to grow by 20 percent during the next 25 years, a state agency is predicting. If that forecast proves to be accurate, the combined population of Riverside and San Bernardino counties today – 4.7 million  – will increase to approximately 5.5 million people, according …

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Ontario to host State of the City

Ontario will hold its 2023 State of the City March 22 at the Ontario Convention Center. Hundreds of business and community leaders are expected to attend the event, which will focus on the city’s business investments and economic development projects, both present and future, according to a statement on the …

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