Mortgage Rates Stay High Sapping Homebuying Demand

Eagle feathers play a sacred role in powwows. Poachers are exploiting the high demand

BILLINGS, Mont. — America’s golden eagles face a rising threat from a black market for their feathers used in Native American powwows and other ceremonies, according to wildlife officials, ...

Asylum housing provider Clearsprings’ profits jump on high demand

Bumper profits risk fuelling government concerns over large amounts paid to private companies to handle politically sensitive issue

World - Financial Times - November 1

U.S. economy adds 12,000 jobs in October, unemployment rate stays at 4.1%

The U.S. economy added 12,000 jobs during October, significantly less than expected. The unemployment rate held steady at 4.1%. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb ...

Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.

What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.

Business - MarketWatch - November 5

Prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while

America’s prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while.

Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts

The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...

Why one economist says Elon Musk could hold the key to lower mortgage rates

One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.

Business - MarketWatch - November 14

Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025

The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.

Business - CNBC - November 15

Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.

The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - 2 days ago

Will mortgage rates and home prices go down next year? Your 2025 real-estate road map.

Will mortgage rates finally fall in 2025? And will it become more affordable to buy — or even rent?

Business - MarketWatch - 2 days ago

Why the 30-year fixed-rate mortgage isn’t going away under Trump

The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.

Business - MarketWatch - 20 hours ago

How to get equity out of your home with refinance rates high again

Mortgage refinance rates are high again. Here are two other effective ways to access your home equity right now.

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

Delta expects higher profits thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - 3 days ago

KPMG in India, SecurityBridge partner to enhance SAP security

World - Yahoo News - November 7

‘Levels are dropping’: drought saps Zambia and Zimbabwe of hydropower

Vast human-made Lake Kariba is at near-record low, causing daily power cuts and devastating two African economies. All is not well with the waters of Lake Kariba, the world’s largest human-made ...

World - The Guardian - November 11

Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

World - ABC News - November 7

Homebuying during the holidays: Pros and cons experts say to know

There are some unique benefits to buying a house this time of year — but it's not perfect.

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent

The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.

Business - CNBC - October 28

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - November 7

Would the Fed ever rely on AI to decide interest rate moves? The risks are high.

Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.

Business - MarketWatch - November 9

UK economic growth slows to 0.1% as budget jitters and high interest rates take toll

Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget. Business live – latest updates The UK economy slowed to a near-standstill in ...

World - The Guardian - November 15

New-home construction falls to three-month low as high rates and hurricanes impact builders

Construction on new U.S. homes fell 3.1% in October, the Commerce Department said Tuesday.

Business - MarketWatch - 4 days ago

An Immigration Crackdown Risks Sapping Farms' Vital Source of Labor

Agriculture companies and laborers fear raids; 42% of crop farmhands aren’t legally authorized to work in the U.S.

Business - The Wall Street Journal - 3 days ago

Small UK pub owners look overseas after Budget tax rises sap profits

Cluster of hospitality operators cancel British investments and divert spending to continental Europe instead

World - Financial Times - November 14

Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination

After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.

Top stories - The New York Times - November 1

Where to stay in Miami

South Beach glamour, haute luxe, culture fix, resort fun . . . no matter what sort of stay you’re after, you’ll find it in the Magic City

World - Financial Times - 2 days ago

How to stay healthy during the holidays

Dr. Jon LaPook shares essential tips to help you stay healthy through the holiday season.

The High Risk, High Reward Trump Market

Faced with unconventional and disruptive proposals, investors are figuring out how to place their bets.

Business - The New York Times - Yesterday

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

Mortgage Rates Stay High Sapping Homebuying Demand

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