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WASHINGTON — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84% last week. The average rate on the 15-year fixed-rate mortgage fell to 2.28% from 2.34%. The low rates in 2020 have spurred demand in the housing market. The National Associated of Realtors says housing offers for single-family homes have increased for six consecutive months. They are now at their highest level since 2007, according to the Census Bureau. Existing home sales in October 2020 were 26.6 percent higher than the number of sales in October 2019. The median sale price, nationwide, has also increased; it is now 3,000, roughly 16 percent more in 2020 than this time last year.The NAR has warned that the dwindling number of available housing units is down to only a few months supply. Fresh signs emerged this week that the resurgent coronavirus outbreak is likely slowing the economy and forcing more companies to cut jobs. The government reported that retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. 1294
WASHINGTON (AP) — House Democrats are proposing a sweeping bill to curb presidential abuses.The bill introduced Wednesday, called Protecting Our Democracy Act, would, among other measures, limit the president’s pardon power, strengthen laws to ban presidents from receiving gifts or payments from foreign governments, better protect independent agency watchdogs and whistleblowers from firing or retribution and require better reporting by campaigns of foreign election interference."It's sad that the president's actions have made" this act necessary, Pelosi said. Wednesday evening, President Trump refused to commit to a peaceful transfer of power should he lose the election. In response to his comment, Pelosi responded, “I have confidence in people."A reporter pressed Pelosi about any action her or Congress may take in response to the president. “I don’t think he’s worth the effort at this point. We have 40 days until the election," Pelosi responded.Speaker Pelosi took a moment to remember Justice Ruth Bader Ginsburg who died last week."Her death is like a death in the family for so many in America,” Pelosi said, then pivoting to COVID-19 saying the country is also "mourning the deaths of 200,000 family members from the coronavirus."Pelosi also reacted to the grand jury announcement in Louisville on Wednesday, deciding to bring charges against only one officer for firing shots into a neighboring apartment. She called on Congress to pass measures for police reform."There has to be respect for the police, but also respect and justice for all,” Pelosi said. 1585

Vladimir Putin is set to extend his power in Russia for another six years after winning Sunday's presidential election with the majority of the vote, exit polls show.Putin was widely expected to win his fourth term as President, with no meaningful opposition in the running and his?fiercest opponent, Alexei Navalny, barred from the race.Exit polls are not final, and official results will be released in coming hours.Putin has dominated Russian politics for 18 years and was already the country's longest-serving leader since Soviet dictator Joseph Stalin.Putin's critics have slammed the election as unfair, citing the Kremlin's tight control over the media, quelling of the opposition and restrictions on some election monitors to ensure a free vote.Opposition activists and the non-governmental election monitoring group Golos reported voting irregularities. By early evening Sunday, Golos had counted 2,000 incidents, including observers being prevented from carrying out monitoring.The vote was a huge logistical undertaking, taking place across Russia's 11 time zones over 22 hours, in around 97,000 polling stations, according to the Central Election Commission.There was little fanfare in the campaign period and Russian news was dominated by developments in political crises between Russia and Western powers. 1327
VISTA, Calif. (KGTV) -- The man accused of killing his mother in her Oceanside home pleaded not guilty. He was not granted bail. Quiet and still. Anthony Sardina stood in front of Honorable James Simmons Jr., denying any involvement in his mother's murder. "Not guilty plea is entered on Mr. Sardina's behalf," Judge Simmons said. The 37-year old is accused of killing his mother, 64-year-old Regina Sardina. The heinous crime was discovered by Anthony's younger brother, who found Regina's body in their Oceanside home Sunday afternoon. The deputy district attorney told reporters for the first time that Sardina used a knife to kill his mother."Anthony Sardina was arraigned on a complaint alleging one count of murder as well as what is known as a 'felony strike prior allegation,' and attached to the murder charges is the allegation that he personally used a knife in the commission of the offense," said deputy district attorney Robert Bruce.After the attack, investigators said Sardina took his mother's car to a nearby Hobby Lobby and caught a cab. Police arrested him shortly after tracking him through the cab company. "Oceanside did a terrific job investigating this offense, bringing it to the DA's office, we charged it quickly, and the case continues to be investigated," Bruce said. 10News found Anthony Sardina has a lengthy criminal felony record, with arrests dating back to 2009, and as recently as July 31st of this year. This ultimately led to him getting no bail. "The judge said no bail on the case, both on the murder charge, because of the nature of the charge, and the fact that he is on probation from a prior offense, which carries no bail," Bruce said. If found guilty, Sardina faces 51 years to life in prison. 1791
WASHINGTON (AP) — Postmaster General Louis DeJoy told lawmakers Monday that he has warned allies of President Donald Trump that the president’s repeated attacks on mail-in ballots are “not helpful,” but denied that recent changes at the Postal Service are linked to the November elections.“I am not engaged in sabotaging the election,” DeJoy said, adding that, like Trump, he personally plans to vote by mail.The House hearing quickly became a debate over mail delivery disruptions being reported nationwide. Democrats said the changes under DeJoy’s watch are causing widespread delays, but Republicans dismissed the worries as unfounded and part of a Democratic “conspiracy” against Trump.DeJoy made clear his role in changes that have recently been reported at the USPS.“As part of this conversation, there are many inaccuracies about my actions that I wish to again correct. First, I did not direct the removal of blue collection boxes or the removal of mail processing equipment. Second, I did not direct the cut back on hours at any of our post offices. Finally, I did not direct the elimination or any cutback in overtime. I did however suspend these practices, to remove any misperceptions about our commitment to delivering the nation’s election mail,” DeJoy stated in his opening remarks.During questioning, DeJoy clarified that his changes were intended to get the trucks to run on time, as a fundamental change needed for the whole process to be more efficient.“If the trucks don’t run on time, the mail carriers can’t leave on time,” DeJoy said, defending the change, explaining that late trucks lead to overtime and late night deliveries.A story from NewsChannel 5 found that this policy change is leading to empty mail trucks leaving without its intended cargo in order to leave on time.A heated exchange happened during Monday’s hearing, when Representative Stephen Lynch asked DeJoy if he would put mail sorting machines back, reportedly removed earlier this summer, before the election.“Will you put the machines back?” Representative Lynch pressed multiple times, reaching a shouting level.“No, I will not,” DeJoy repeatedly answered.DeJoy has argued the machines were planned to be removed as part of a transition to more package-handling equipment since the post office is handling fewer letters.A little later, during questioning from Representative Ro Khanna, DeJoy seemed to indicate he may put the machines back. Rep. Khanna asked how much money it would take to put the machines back, if the appearance of doing so helped Americans feel confident about voting and sending mail. He asked if it would take a billion dollars.DeJoy responded that Congress “couldn’t get the money,” referencing stalled efforts to pass bipartisan legislation, and the history of not funding the postal service.However, when pressed by Rep. Khanna, DeJoy responded, “Get me a billion (dollars) and I’ll put the machines in.”During the questioning, DeJoy stated he was “surprised by the lack of attention paid to the postal service in the last decade,” referencing comments from a handful of representatives that the postal service has struggled financially for years.The Postmaster General says the postal service is funded through late 2021 without new funding approved by Congress.The House Oversight Committee held a hearing on Monday on operational changes at the Postal Service that have resulted in mail delays across the country, as well as to look into concerns about the process DeJoy became the postmaster general.DeJoy testified before a Senate committee on Friday, answering similar questions.Acknowledging an expected surge in mail-in ballots because of the coronavirus pandemic, DeJoy said Monday voters should request mail-in ballots at least 15 days before the Nov. 3 election to ensure they have enough time to receive their ballot, complete it and mail it back to elections officials on time.The House approved legislation Saturday to reverse the changes and send billion to shore up the agency ahead of the election.In a statement Sunday, the Postal Service said it greatly appreciates House efforts to assist the agency, but remains concerned that some of the bill’s requirements, “while well meaning, will constrain the ability of the Postal Service to make operational changes that will improve efficiency, reduce costs and ultimately improve service to the American people.″ 4411
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