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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 — The Republican-led Senate has voted to advance Supreme Court nominee Amy Coney Barrett toward final confirmation despite Democratic objections. Barrett’s confirmation on Monday is hardly in doubt, with the majority Republicans mostly united in support behind President Donald Trump’s pick. But Democrats are poised to keep the Senate in session into the night in attempts to stall, arguing that the Nov. 3 election winner should choose the nominee to fill the vacancy left by the late Justice Ruth Bader Ginsburg. Republicans are excited by the chance to install a third Trump justice on the court, locking in a conservative majority for years to come. 673

VISTA, Calif. (KGTV) - Charges were filed Tuesday against the San Diego County Sheriff’s deputy accused of groping a 14-year-old girl at a Vista restaurant.Prosecutors said Timothy Wilson, 32, was caught on surveillance camera at the Panda Express on Main Street March 21. Video shows Wilson entering the restaurant and grabbing the girl, according to investigators.A Sheriff’s Department employee recognized Wilson from the video and reported him.Wilson is charged with one felony count of lewd act with a 14-year-old, and one felony count of accessing a computer to take data, including the girl's home address. The girl's family lives near the Vista jail where Wilson works and now plans to move.The victim's mother, Janna Tanis, told 10News that her daughter is going to counseling, "She's still trying to process this all. It's very overwhelming; it's shocking and disappointing."A judge ordered Wilson to remain in custody in lieu of 0,000 bail. He is being held at the downtown jail, away from his co-workers at the Vista jail. Wilson will return to court June 15.Tanis added, "I'm so relieved the judge kept bail where it is so my daughter can sleep peacefully tonight."The Sheriff’s department is seeking other possible victims and asks that they call SDSO at 858-975-2316 or Crime Stoppers at 888-580-8477 if they wish to report any information. 1396
VIRGINIA BEACH, Va. -- If you are working from home, you may have bought some new items to accommodate the situation, or you are probably using more of the resources you already pay for.If you were planning on writing off these new expenses on your next tax return, "Unfortunately, there are no tax benefits to working from home if you are an employee,” Scott Rinehart, a tax professional and financial advisor with Carlson Financial, said.While tax season is months away, Rinehart said he has already received some questions from people."I've had people ask, 'since I work from home, can I deduct my office now?'” he explained.Say, for example, if you bought a laptop and it cost a couple hundred dollars, the rent on your apartment or certain utilities like electricity -- just to name a few examples -- you cannot write those off on your taxes.“The tax act a few years ago got rid of that tax break for employees,” Rinehart said.He mentioned an exception, however."If you are self-employed and now instead of going to your office, you're working from home, you can deduct a portion of your home you're using as your office."It is the same scenario for those homeschooling their children, Rinehart added, but he explained that extra paid leave was provided in the Family First Coronavirus Response Act for parents tending to their children.A tax write-off normally helps to reduce the amount of tax you owe."I think there will be folks who will try to claim these expenses when they itemize,” Rinehart said, “or add some sort of miscellaneous deduction, and they're just not going to be allowed."If you do make these claims or accidentally file for a write-off, Rinehart said, “You may get a letter from the IRS at some point saying, 'Hey, you owe us some money.’”In that event, Rinehart said the IRS will try to work with the filer to fix the issue. It may result in additional payments.Rinehart suggested tracking your expenses, organize receipts and use free tax resources online, as well as the IRS."Otherwise, it always makes sense to - if you have a more complex tax situation - have a professional look at it,” Rinehart said.This story originally reported by Julio Avila on wtkr.com. 2201
VISTA (CNS) - An Escondido man who killed a friend after challenging the victim to a fight, then posted sounds of the victim crying during the attack on a social media site, was convicted Tuesday of first-degree murder.A jury deliberated for about 90 minutes before finding Salvador Sanchez guilty in the April 2017 death of 20-year-old Maithem Alfuraiji.Jurors will now be asked to determine whether Sanchez, now 20, was insane at the time of the murder.RELATED: Snapchat murder victim identified by policeEscondido police Detective Greg Gay said friends of the two men were alarmed by messages posted on the defendant's Snapchat account on April 27, 2017, in which Sanchez can be heard telling the victim "tell them what you did."Police said Sanchez lured Alfuraiji to Mountain View Park and later challenged the victim to a "fight to the death."Sanchez told police that he targeted the victim because Alfuraiji was "making decisions and meeting with people" that put everyone they knew in danger.RELATED: Snapchat?aids in arrest of Escondido murder suspectFriends eventually called police about what they saw on Snapchat and Sanchez led them to Alfuraiji's body on the Rincon Indian Reservation in Valley Center. 1233
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