How A Rare Type of Mortgage Is Landing Homebuyers A 3 Rate

How the Federal Reserve's rate policy affects mortgages

Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.

CNBC - 17h

The Fed cut interest rates but mortgage costs jumped. Here's why

The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.

CNBC - 1d

How a Scrappy New Publisher Landed 25 Books on the Best-Seller List in a Year

Bloom Books took off with the help of E L James, the author of “Fifty Shades of Grey.” It broke with tradition and became the fastest-growing imprint in romance.

The New York Times - 1d

How sticky inflation and Fed rate cuts impact Americans' wallets

2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the ...

CBS News - 2d

Mortgage rates increase despite Fed's rate cut

The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...

CBS News - 2d

November home sales surged more than expected, boosted by lower mortgage rates

Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors

CNBC - 2d

November home sales surged more than expected, boosted by lower mortgage rates

Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors.

NBC News - 2d

Lennar blames high mortgage rates for sales miss, but says its home prices also need to fall

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

MarketWatch - 2d

Home sales rebound as buyers seize a dip in mortgage rates. Could the bump be short-lived?

Existing-home sales rose to a rate of 4.15 million in November, the National Association of Realtors said.

MarketWatch - 2d

How to get a low student loan rate for the spring 2025 semester

Using these strategies could help you secure the lowest student loan rate possible, experts say.

CBS News - 2d

How the Fed's rate cuts will affect Americans directly?

The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...

CBS News - 3d

Inflation and interest rates tracker: see how your country compares

Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

Financial Times - 3d

What the Fed's December rate cut means for mortgage interest rates

Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.

CBS News - 3d

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

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

The New York Times - 3d

Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Total application volume fell 0.7% compared with the previous week, according to the MBA's seasonally adjusted index. That was the first decline in five weeks.

CNBC - 3d

Mortgage rates inch up ahead of Fed meeting

Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.

MarketWatch - 3d

Here's when homeowners should give up their low mortgage rate to buy a new home, according to experts

Giving up your low mortgage rate to buy a new home may make sense in some scenarios, experts say.

CBS News - 4d

3 types of physical gold beginners should invest in before 2025

New investors may want to consider these gold bullion options before the new year rolls around.

CBS News - Dec. 13

3 credit card interest rate mistakes that are costing you money now

If you're making these card rate mistakes, you're probably paying too much for your credit card debt.

CBS News - Dec. 13

Cooper Kupp shut out in win over 49ers: Here's how rare it is to see Rams WR go without a catch

Kupp was held without a catch for the second time in his career

CBS Sports - Dec. 13

How could HELOC rates change after the December Fed meeting?

The final Federal Reserve meeting of 2024 is set for next week. Here's what it could mean for HELOC interest rates.

CBS News - Dec. 12

ECB lowers rates to 3% and paves way for more cuts

Growth forecasts pared back as bank’s president Christine Lagarde says some decision makers wanted larger reduction

Financial Times - Dec. 12

'Unverifiable income' can limit your mortgage options — here's how to get around it

Your mortgage application may be denied if the lender cannot verify your annual income. If you meet certain exceptions, a non-conventional mortgage may work.

CNBC - Dec. 12

Mortgage refinance demand surges 27%, as interest rates drop for the third straight week

Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings.

NBC News - Dec. 11

Mortgage refinance demand surges 27%, as interest rates drop for the third straight week

Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.

CNBC - Dec. 11

Belichick details how he'd run UNC program if he lands coaching job

Bill Belichick gave an interesting answer to Pat McAfee about what the UNC football program might look like if he was the head coach.

Yahoo Sports - Dec. 9

They ‘didn’t look the type’: how the media was fooled by Bashar and Asma al-Assad | Zoe Williams

Some journalists underestimated the threat of the brutal president, while his first lady was glamorised in a Vogue feature. As Bashar al-Assad is ousted as Syria’s brutal president, his wife Asma ...

The Guardian - Dec. 9

The Inside Story of How Juan Soto Landed a Record-Setting Contract

Soto’s deal with the New York Mets is the largest in the history of professional sports. This is why he left the Yankees for a crosstown rival.

The New York Times - Dec. 9

Here's what could happen with mortgage rates this December, according to experts

Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.

CBS News - Dec. 9

How fast will the ECB lower interest rates?

Market Questions is the FT’s guide to the week ahead

Financial Times - Dec. 8

Will mortgage rates fall below 6% in 2025? Here’s what experts say.

The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.

MarketWatch - Dec. 7

Fannie Mae CEO reveals what’s really behind rising mortgage rates

Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.

MarketWatch - Dec. 7

Mets land ex-Yankees closer Clay Holmes on 3-year, $38 million deal, reportedly plan to convert him to starter

Well, that's one Yankees star headed to the Mets.

Yahoo Sports - Dec. 7

How to get a low home equity loan rate for 2025

Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.

CBS News - Dec. 6

4 mortgage interest rate scenarios that could occur in 2025

Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.

CBS News - Dec. 5

Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.

NBC News - Dec. 4

Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.

CNBC - Dec. 4

Embrace This Type of Failure, Science Says

Discover why failing well is crucial for your success—and how to do it right.

Inc. - Dec. 4

What's the mortgage interest rate forecast for December 2024?

If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.

CBS News - Dec. 3

Jaguar Type 00 EV: Price, Specs, Availability

Bypassing 90 years of heritage and unashamedly looking unlike anything else on the road, the brand's radical relaunch EV could be as polarizing as the ad campaign that preceded it.

Wired - Dec. 3

How A Rare Type of Mortgage Is Landing Homebuyers A 3 Rate

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