Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
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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 - 7h -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 8h -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - 1d -
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 -
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 -
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 -
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
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Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.
The multimillion-dollar homes burning in the L.A. wildfires may not qualify for mortgage relief.MarketWatch - 1h -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
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Disney’s streaming strategy gets more confusing as Venu Sports venture is axed
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The stock market has one more chance to fight off the bears
Another S&P 500 close below 5,870 would signal more downside for the index. Plus, Amazon looks weak.MarketWatch - 2h
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Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 12m -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - 21m -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 29m -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 44m -
Reeves seeks to revive City of London links with China
Chancellor to promote closer ties between London and Shanghai stock exchanges while on Beijing tripFinancial Times - 50m