Green in the Bronx: Lamar Advertising has introduced an environmentally friendly digital billboard, which uses less power and doesn’t emit light. The new billboard, which was installed in the Bronx, is undergoing testing before it goes online in a few weeks. Lamar says the neighborhood-friendly billboards are 50% to 75% more energy-efficient than its conventional digital billboards.
Time to get locked in: Mortgage rates increased last week, with the average 30-year fixed rate going up by nearly 5%. According to the Zillow Mortgage Rate Monitor, the average 30-year rate was 5.25%, compared with 5.02% in the week before. Fifteen-year rates saw a smaller increase, going from 4.6% to 4.78% in a week.
