(The Center Square) — Gov. Josh Shapiro says Pennsylvania will spend $34 million on dozens of projects in the commonwealth to build out charging stations for electric vehicles. The money is part a five-year, $172 million federal grant and the latest installment will support 54 projects in ...
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7.09% from 6.96% last week. A year ago, the rate averaged 5.13%. It’s the fourth consecutive weekly increase for the average rate and the highest since early April 2002, when it averaged 7.13%. The last time the average rate was above 7% ...
(The Center Square) — Pennsylvania homebuilders are caught in a bind: labor costs are high and the state’s bureaucracy slows down construction. The result is a situation where it takes months longer to build a house in the commonwealth and prices are higher. The lack of housing ...
Jonathan Wood recently joined First Commonwealth Bank as a financial solutions business banker in South Williamsport, covering Central and Eastern Pennsylvania. According to a news release, he has nearly 20 years of banking experience in the Philadelphia, Williamsport and State College markets. In this new role he will be responsible for meeting the needs of business owners in the Bank’s Community PA North market, covering an area that spans from State College to Williamsport. “Jonathan has been helping small businesses with their banking needs, and has delivered a tremendous ...
Larson Design Group’s Hannah Porter, interior design associate, recently earned the prestigious National Council for Interior Design Qualification certification. According to the news release, this certification is the industry’s recognized indicator of proficiency in interior design ...
(Spotlight PA is an independent, nonpartisan newsroom powered by The Philadelphia Inquirer in partnership with PennLive/The Patriot-News, TribLIVE/Pittsburgh Tribune-Review, and WITF Public Media.) STATE COLLEGE — Before Pennsylvania can spend an almost $1.2 billion windfall of federal ...
