Apple co-founder Steve Wozniak remained hospitalized Thursday in Mexico City following a “health problem” while he was in the city to speak at a business conference, according to a source close to the conference who requested anonymity because they were not authorized to speak about the incident.

Wozniak, 73, had been scheduled to speak at the World Business Forum in Mexico City, a two-day gathering billed as the world’s most important management event. Other advertised speakers were Carly Fiorina, the former CEO of Hewlett-Packard and Muhammad Yunus, a pioneer in microfinance who was awarded the Nobel Peace Prize.

The convivial Wozniak, who teamed up with the late Steve Jobs to found Apple in 1976, had been scheduled as the conference’s closing speaker Wednesday afternoon.

Wozniak suffered the “health problem” shortly before he was scheduled to arrive at the event, the source said, declining to detail what the health problem was.

“At this moment I understand that he is stable,” the source said, adding that the information about his status had come from family members.

Mortgage rates tick down, again

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month.

The latest decline brought the average rate on a 30-year mortgage down to 7.5% from 7.76% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.08%.

The average rate on a 30-year mortgage is now at the lowest level it’s been since the first week of October, when it was 7.49%.

The average rate on a 30-year home loan climbed above 6% in September 2022 and has remained above that threshold since, reaching 7.79% two weeks ago.