America’s accidental landlords: The hidden consequence of the mortgage lock-in effect
For the past several years, the real estate industry has talked about the mortgage-rate lock-in effect mostly as an inventory problem. That is understandable. When a homeowner has a 3% or 4% mortgage, and today’s replacement mortgage is in the mid-6% range, selling can feel financially irrational. F
Crash reported on E. President Street near Truman Parkway
SAVANNAH, Ga. (WTOC) - A large police presence was seen on East President Street near the Truman Parkway on Sunday night, just before midnight.WTOC has reached out to the Savannah Police Department, the Chatham County Sheriff’s Office, and Tybee Island Police Department.This is a developing story.
Coffee, concerns and ‘Camellia’: Rincon meets on OpenAI plan
EFFINGHAM COUNTY, Ga. (WTOC) -A packed coffee shop in Rincon turned into a planning meeting Monday night as Effingham County residents organized opposition to OpenAI’s proposed $20 billion data center.The meetup comes less than a week after OpenAI announced plans for the project in Effingham County.
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