30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Read more at The New York Times
Topics
-
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - 35m -
Ukraine’s highest profile combat unit to recruit English-speaking soldiers
Azov, a volunteer brigade, plans to form international battalion to boost numbers as Ukraine heads into fourth year of war. The Britons killed fighting for Ukraine against Russia Ukraine’s ...The Guardian - 1h -
As Gaza deaths climb over 46,000, some pin hope for a truce on Trump
Palestinian officials say the war in Gaza has killed more than 46,000 people, as some on both sides of the conflict hope for "help from Donald Trump."CBS News - 3h -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - 4h -
Faisal Islam: Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - 4h -
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 - 8h -
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 - 7h -
Death Toll Climbs in L.A. Fires, and TikTok’s Last Chance
Plus, goodbye to a hairy “Shrek” icon.The New York Times - 10h -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - 16h -
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 JulyABC 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 - 2d -
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 rulesFinancial Times - 2d -
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 - 2d -
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 -
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 capitalFinancial 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 - 3d -
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 - 3d -
‘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 - 3d -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial 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 - 4d -
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 CincinnatiABC News - 4d -
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 - 5d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 6d -
US housing supply reaches highest total since 2019: Redfin
Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.The Hill - 6d -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2 -
Arsenal climb to second after Gabriel Martinelli rounds off win at Brentford
Mikel Arteta wanted to send a warning to Liverpool that Arsenal can push them all the way for the Premier League title and this was evidence that they mean business. Facing a Brentford side ...The Guardian - Jan. 1 -
Brazil's Amazon saw highest number of fires in 17 years: agency
Yahoo News - Jan. 1
More from The New York Times
-
4 Takeaways From the Arguments Before the Supreme Court in the TikTok Case
The justices, who asked tough questions of both sides, showed skepticism toward arguments by lawyers for TikTok and its users.The New York Times - 1h -
A Sentence With No Penalty Assures Trump Will Take Office as a Felon
Justice Juan M. Merchan gave Donald J. Trump a symbolic punishment. The judge said that leniency was due the office of the president, not the man who will soon hold the title.The New York Times - 48m -
Trump Received an Unconditional Discharge. What Does That Mean?
The rare and lenient sentence, which will spare President-elect Donald J. Trump jail time, was used to address his unusual status.The New York Times - 6h -
Takeaways from Trump’s Criminal Sentencing
Friday’s punishment was largely symbolic, but it ensured that Donald J. Trump would become America’s first felon president.The New York Times - 2h -
On the Eve of Trump’s Sentencing, an Unusual Art Gallery Opening
A show by the artist Isabelle Brourman, who sketched the trials of Donald J. Trump, attracted figures from the art world, the media and some lawyers from his civil fraud trial.The New York Times - 5h
More in Top stories
-
Biden to give prime-time farewell address to nation
President Joe Biden will give his farewell address to the nation in prime time on Wednesday, Jan. 15.ABC News - 12m -
Giuliani held in contempt of court for repeating false claims about election workers
A U.S. District Judge Beryl Howell admonished Giuliani for continuing to spread lies about Ruby Freeman and Shaye Moss.ABC News - 13m -
Meta ends diversity programs, joining McDonald's, Walmart and others
Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.CBS News - 15m -
As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’
The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.The New York Times - 22m -
Los Angeles restaurants providing food, relief for those impacted by fires
Amid the Los Angeles fires restaurants are helping serve meals and free food, water and facilitating donations for first responders and the affected community.ABC News - 23m