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Curling iron inventor's Portland palace for sale at $2.9 million


Curling iron inventor’s Portland palace for sale at $2.9 million
Updated Mar 10, 2021;
By the 1920s, Oregon entrepreneur Clarissa Keyes Inman had amassed a small fortune. She had invented the electric curling iron, which helped turn flappers’ bobbed hairstyles into a bouncy rebellion during the Roaring Twenties. And she had married Robert D. Inman, who co-founded the Inman-Poulsen Lumber Company, once the
Before her marriage to a lumber baron, she first wed the chief engineer on the lighthouse tender, Manzanita, and later in life, her chauffeur.
“Clara” Inman was avant-garde in another way: When she was a widow for the second time after Robert Inman died, she cashed out her curling iron profits and hired architect David Lochead Williams to design her 1926 Mediterranean mansion with a red tile roof and an open floor plan on an elevated estate in Portland’s West Hills. ....

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Mortgage interest rates rise: The difference each month between 3% and 4%


Mortgage interest rates rise: The difference each month between 3% and 4%
Updated Mar 10, 2021;
U.S. long-term mortgage rates ticked up this week but remain near historic lows. The Federal Home Loan Mortgage Corporation (Freddie Mac) reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan increased to 3.02% from 2.97% the previous week.
In comparison, the rate was 3.65% last March.
The lowest interest rate was 2.65% the second week of January 2021, and mortgage rates have risen by more than 30 basis points since then, according to Freddie Mac.
The average rate on 15-year fixed-rate loans, popular among those seeking to refinance their mortgages, rose to 2.34% from 2.21% last week. ....

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