30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - 3h

Eye Opener: California wildfire death toll climbs

The number of dead climbs in Los Angeles, as officials face tough questions about what led to one of the most devastating fires in California history. Also, a massive winter storm is causing ...

CBS News - 2h

Death Toll Climbs in L.A. Fires, and TikTok’s Last Chance

Plus, goodbye to a hairy “Shrek” icon.

The New York Times - 6h

10-year Treasury yield hovers close to highest level since April as investors await key jobs data

U.S. Treasury yields hovered close to its highest level since April on Friday, as investors anxiously awaited the release of key jobs data.

CNBC - 7h

UK debt market sell-off threatens mortgage pain for households

Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year

Financial Times - 12h

Average US long-term mortgage rate inches up to 6.93% for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

ABC News - 1d

5 ways to save on your mortgage payments this January, according to experts

Saving on mortgage payments could help you start the new year strong. Here's how to get started.

CBS News - 1d

New York's highest court won't stop Trump's sentencing

President-elect Trump's sentencing for his criminal conviction is scheduled for Friday.

CBS News - 1d

Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.

CEOs might not be so idolized if we realized that many wash out of the job quickly.

MarketWatch - 1d

10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation

The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.

CNBC - 1d

UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

Financial Times - 1d

What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.

CBS News - 1d

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...

The Guardian - 2d

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - 2d

Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.

The Hill - 2d

Heating bills set to climb as millions endure bitter cold from winter storm

Heating bills are expected to rise again this winter, especially for those who warm their homes with electricity.

NBC News - 2d

London has the highest birth rates among over-40s. But what’s driving the shift?

Housing costs, career focus and access to IVF has driven people to delay parenthood in the capital

Financial Times - 2d

10-year Treasury yield ends at highest since April as inflation worries grow

U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...

MarketWatch - 2d

Oil futures settle at their highest level since October

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.

MarketWatch - 2d

Quits sink to lowest level since the height of the pandemic

The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...

The Hill - 2d

‘Living the dream’: snowed in at Britain’s highest pub, strangers became friends

When the majority of the 33 people trapped by the weather were able to escape, not everyone wanted to leave. • ‘It makes you feel like a kid again’: snowed in at Britain’s highest pub . • Snowed ...

The Guardian - 2d

UK long-term borrowing costs hit highest level since 1998

Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules

Financial Times - 3d

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

The New York Times - 3d

30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans

Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.

MarketWatch - 3d

David Wright's No. 5 to be retired by New York Mets on July 19

David Wright’s No. 5 will be retired by the New York Mets before a July 19 game against Cincinnati

ABC News - 3d

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - 4d

German inflation rate climbs to 2.6% in December

Yahoo News - 4d

‘It makes you feel like a kid again’: snowed in at Britain’s highest pub

Drinks flow and friends are made as people hunker down overnight at the Tan Hill Inn in North Yorkshire. “Do you want a shot?” asks Katy Sherrington from Durham, offering up a tiny glass of a pink ...

The Guardian - 4d