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

What does Taiwan have to do with US mortgage rates?

The weird financial dance between Taiwanese life insurers and US homebuyers

Financial Times - 1d

Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook

Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.

CNBC - 4d

Mortgage rates are stuck at 7% as Fed holds steady on interest rates

Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.

MarketWatch - 6d

Is the Fed interest rate pause good for mortgage rates?

The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?

CBS News - 6d

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The New York Times - 6d

Mortgage demand drops further, even as interest rates settle

Mortgage rates didn’t move last week, but demand for new home loans continued to weaken.

NBC News - 6d

Mortgage demand drops further, even as interest rates settle

Mortgage rates didn't move last week, but demand for new home loans continued to weaken.

CNBC - 6d

Trump promised to lower housing costs. Mortgage rates stand in the way.

The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.

MarketWatch - Jan. 24

Bank of Japan raises rates to highest level in 17 years

Central bank signals more increases to come if wage and price growth hit forecasts

Financial Times - Jan. 24

Bank of Japan Raises Interest Rates to Highest Level Since 2008

The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.

The New York Times - Jan. 24

Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play

The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.

CNBC - Jan. 24

Japan core inflation climbs to a 16-month high, boosting case for rate hikes

The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.

CNBC - Jan. 24

Store closures hit highest level since pandemic — see who is shutting down the most locations

Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry ...

NBC News - Jan. 23

Store closures hit highest level since pandemic — see who is shutting down the most locations

The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.

CNBC - Jan. 23

Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

CNBC - Jan. 21

Pay after inflation rises at fastest rate since 2021

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

BBC News - Jan. 21

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.

MarketWatch - Jan. 20

Gilts post best week since July after run of poor economic data

Investors increase bets the Bank of England will be more aggressive in cutting rates as FTSE 100 hits record high

Financial Times - Jan. 17

Cancer rates have increased for young women since 2002, research shows

While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...

CBS News - Jan. 16

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

The New York Times - Jan. 16

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - Jan. 16

Oil ends lower after a 3-day rally lifted prices to their highest since August

Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...

MarketWatch - Jan. 14

Will mortgage rates fall below 6% in 2025? What experts say

Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.

CBS News - Jan. 13

Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.

Rates were supposed to go down — but a strong U.S. economy is getting in the way.

MarketWatch - Jan. 11

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 - Jan. 10

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 - Jan. 10

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - Jan. 10

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 - Jan. 9

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 - Jan. 8

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 - Jan. 8

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 - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

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

CNBC - Jan. 8

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 - Jan. 8

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 - Jan. 7

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 - Jan. 7

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 - Jan. 7

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 - Jan. 6