Business briefs

New York Times to start charging online The days of free reading on the New York Times’ Web site are numbered.

As of March 28, the newspaper will charge for access to its online content, starting at $15 a month for nonsubscribers.

To access the Times through its tablet application on an iPad or other tablet will cost $20 per month, and to read the Times on any digital device will cost $35 a month.

Nonsubscribers will still have access to 20 stories a month for free.

Mortgage rates drop

Long-term mortgage rates fell significantly this week as investors turned to safe-haven investments such as U.S. Treasuries.

A 30-year fixed-rate mortgage averaged 4.76 percent in the week ending March 17, down from 4.88 percent last week. A 15-year fixed fell to 3.97 percent, the lowest in three months. The average rate on a one-year adjustable-rate mortgage fell to 3.17 percent.

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