Existing Home Sales Slid 17.8 Percent Last Year

Sales of existing homes fell 17.8% in 2022, marking the weakest sales performance since 2014 as interest rates climbed. Interest rates rose quickly last year, a factor that weighed on the residential real estate market. The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, down from 6.33% last week, but up from 3.56% a year ago, according to Freddie Mac.

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Eighteen State AGs Voicing Support for New York Gun-Industry Liability Law

A coalition of 18 state attorneys general, all Democrats, on Wednesday submitted an amicus brief in support of New York’s firearms industry accountability law.

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Border Patrol Agents Report More than 300,000 Apprehensions, Gotaways in December Alone

At least 225,797 people were apprehended entering the U.S. illegally nationwide in December, according to official U.S. Customs and Border Protection data released late Friday.

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GOP Lawmaker Floats Mechanism to Default Spending to Current Levels to Avert Debt Ceiling Crises

With the nation stuck at its $31.38 trillion debt limit and the Department of the Treasury imposing “extraordinary measures” to keep the government running, one GOP lawmaker is floating a new proposal to default federal spending to current levels to avert recurring standoffs over raising the debt ceiling.

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Governor Kemp, Atlanta Mayor, and Other Officials Condemn Violence in Atlanta

Georgia state and Atlanta officials criticized a violent protest in the city on Saturday; Atlanta Police Chief Darin Schierbaum said that some business’ windows were broken and a police car was set on fire, but said that no citizens or officers were injured.

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