And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on because they came in quite strong. Right . Yes, mandy. Were seeing healthier sales in june. Prices, not so much. Sales gained a larger than expected 3. 2 in june for the month, up 9. 6 for the year. Thats the strongest monthly pace in over eight years. But they came at a very high price. The median existing home price hit 236,400. Thats the highest ever. It is due to tight supply up less than half a percentage point from a year ago, just 2. 3 million homes for sale. It is also due to more expensiv
Leon thank you. Leon tonight a break in the case after two security guards shot in oxand hill. Brad bell has been digging in the investigation for us. The new details are just coming out from police. What are you hearing . Brad terrible story. Security guards shot, one killed. What police tell us now they have found the car they believe was used by the gunman. A car like this one. A 2012 Dodge Charger. We can give you particulars on it. 2012 Dodge Charger, black, in color. It was found to be holding temporary paper tags. Found on 45th street in northeast washington. Not far from the aquatic garden. This crime happened early friday morning. Two security guards were working and in the personal cars, central garden apartment complex off of 214 in Capital Heights when the gunmen approached. Opened fire. One of the men was killed. 26yearold adrian kennar. He wanted to be a Police Officer. And one of the reasons why. We spoke to him in 2012 when his own brother was murdered. At the time he s
In about 15 minutes. Right now, things are running smoothly on the red line after a bizarre mishap. A metro train hit a powerline between grosvenor and medical center. Metro Officials Say a public works employee hit a pole with a lawnmower and that caused a penn coe wire to hang in the trains path. Nobody was hurt but they had to single track between the two stations for a while and about 1400 people lost power. A plea deal rejected. The pilot that landed that gyro couldnter on the u. S. Capitol turned down another deal today, this one would have sent him to jail for ten months. An attorney for Douglas Hughes says he believes federal guidelines call for a sentence of zero to six months. Hughes says his light back in april was meant to call attention to the influence of big money in politics a new hearing is now set for the first week of august. First at 4, president ial politics, donald trump is heading to texas to tour the u. S. mexico border. Trump is still drawing fire for character
Possible. We need this Problem Solved now. Reporter cycling advocates have been complaining for years about the lack of mile markers along the metropolitan branch trail. The met branch trail is one trail of many in the district and so we are going to have to have the same solution implemented on Anacostia Waterfront trail crescent trail has markers but more trails coming. Reporter without those markers along biking and hiking trails, 911 dispatchers have a very hard time sending bliss or paramedics to an exact location. Last week when witnesses called police during this attack on a female cyclist, they were told the trail location was not in the dispatch system. The head of d. C. Homeland security and Emergency Management tells news4 they have come up with a shortterm solution, gps coordinate fosser landmarks along the met branch trail have now been added to the 911 system. It is not a perfect solution. The perfect solution is to get as much information on its trail so people know wher
Suspended. Now trains are single tracking around the disabled train. D. C. Police are investigating an officer involved shoot willing near the gw hospital and University Campus on 23rd and h street itself northwest. And h street in northwest. Surae chinn has more. Reporter they have taken to , including two cars as evidence, including the better gundy car down the street the burgundy car down the street. Its shocking. It would be pretty surprising around here. Glad i didnt see that right away, but, yeah, so basically we got three texts. Reporter residents and George Washington University Students received text alerts from Campus Police early this morning about the shooting off campus and that police and that police were still looking for suspects. Basically three texts. Reporter what did the texts say . Two shots fired by the police. We did get an alert that some activity was happening. Reporter police searched and processed the burgundy car for any evidence. Nearby at virginia avenue