Must Reads

30-year mortgage falls to 3.59 percent

Average U.S. rates on fixed mortgages fell to just slightly above record lows, contributing to the current modest housing recovery.

American Airlines, US Airways nearing merger

American Airlines and US Airways are getting closer to a potential merger.

Lenders refuse to participate in mediation program

Private Oregon mortgage servicers have refused to participate in the state's new foreclosure mediation program.

Largest solar array under construction

Oregon's largest solar array is under construction in Lake County. The 16-acre array is known as Outback.

Oregon gas consumption hits 50-year low

Gasoline consumption in Oregon and Washington fell to its lowest point in 50 years and is poised to drop even further this year.

Umpqua Bank buying Circle Bank

Umpqua Holdings plans to buy Novato, California-based Circle Bancorp for $25 million.

Food cart owners go brick and mortar

Many food cart owners are making the change to traditional indoor restaurants, because of the benefits of a stable location and ability to sell liquor.