Heloc Demand from Homeowners Surges Ahead of Fed Interestrate Cut

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - Yesterday

Mortgage demand stalls as interest rates surge higher ahead of election

Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.

Business - CNBC - October 30

Nuclear energy stocks hit record highs on surging demand from AI

Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisation

Business - Financial Times - October 20

How the interest rate cut from the Fed could affect you

Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...

Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely

The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists said

Business - MarketWatch - October 28

Election-week Fed meeting won’t give markets the roadmap they want

Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...

Business - MarketWatch - 4 days ago

Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS

CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.

Business - CNBC - November 1

Consumer confidence surges ahead of election

American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...

Politics - The Hill - October 29

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Action demanded over surge in illegal meat imports

The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.

Trump chooses Susie Wiles as White House chief of staff

President-elect chooses his 2024 campaign manager in first appointment to major role in administration

World - Financial Times - Yesterday

How Orbán seized the Trump moment to speak for Europe

Also in this newsletter: Italy’s second attempt to ship migrants to Albania

World - Financial Times - Yesterday

The Fed talks about not talking about Trump

Jay Powell sets some limits

World - Financial Times - Yesterday

Over 60 held as violence breaks out against Israeli football fans in Amsterdam

Clashes take place after Europa League match between Ajax and Maccabi Tel Aviv

World - Financial Times - 23 hours ago

Japan’s new kingmaker pushes for income tax threshold rise

Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling party

World - Financial Times - Yesterday

How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor

Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.

Business - MarketWatch - 17 hours ago

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 2 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - Yesterday

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - Yesterday

Cash Isas popularity surges ahead of UK Budget

Investors shift into tax-sheltered accounts given uncertainty of Labour proposals

World - Financial Times - October 25

GSK cuts vaccine sales target on reduced demand

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.

Business - MarketWatch - October 30

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - October 31

How much does a $25,000 HELOC cost monthly now that rates were cut?

A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.

Google signs deal with nuclear company as data center power demand surges

Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.

Business - CNBC - October 15

TSMC beats forecasts with 54% surge in profits on soaring AI demand

Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

Business - MarketWatch - October 17

Miners are razing forests to meet surging demand for metals and minerals, report says

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon ...

World - ABC News - October 23

Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.

Business - The Wall Street Journal - October 31

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - 3 days ago

Protect homeowners from post-hurricane insurance fraud, Raskin tells southern states

Democrats on the House Oversight Committee are calling on five southern states to explain how they are keeping constituents from being ripped off by insurance companies. As communities across the ...

Politics - The Hill - 4 days ago

Mortgage rates inch up to a 3-month high ahead of Fed meeting

Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - 3 days ago

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Heloc Demand from Homeowners Surges Ahead of Fed Interestrate Cut

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