Comment on Rates Decline for Prospective Buyers: Today's Mortgage Rates on Jan. 3, 2025

By Matt Geiger, BusinessDen A Minnesota developer is looking to make a stop in Central Park. Peter Brodd submitted plans to the city last week for an 18-story, 201-unit apartment building on part of the parking for the Regional Transportation District’s Central Park Station. The proposal, drawn up by Minneapolis architect Urban Works, calls for a mix of units ranging from 350 to 1,300 square feet inside a 380,000-square-foot building.

The Tesla Cybertruck seized by police in England last week. GMPPolice in England last week seized a Cybertruck as they are not legal to drive on UK roads. The Tesla vehicle is not on sale in Europe, and attempts to import it are not going well. The Cybertruck's weight and sharp edges mean it is unlikely to win European approval anytime soon.

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British Airways was transporting gold jewelry from Bahrain to Chicago. Robert Nickelsberg/Getty ImagesAlmost 20 pounds of gold jewelry went missing from a British Airways plane in Chicago. Two employees from a ground handling firm were prosecuted on suspicion of theft over the incident. BA is asking for compensation after a Bahraini court ordered the airline to pay back the jeweler.

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Homebuyers may have more success this year, but the bar is very low.halbergman/Getty ImagesLast year was the toughest for entry-level home affordability in four decades. Prospective buyers have reasons to be hopeful, but mortgage rates aren't among them. Here's what top real-estate analyst Ivy Zelman thinks will happen in 2025.