Latest in February home resales jump much more than expected, despite higher mortgage rates
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February home resales jump much more than expected, despite higher mortgage rates
The median price of a home sold in February was $398,400, up 3.8% from the same time last year.CNBC - Mar. 20 -
February home resales jump much more than expected, despite higher mortgage rates
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors.NBC News - Mar. 20 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.NBC News - Mar. 12 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - Mar. 12 -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - Mar. 12 -
Unpacking February's slight inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent ...CBS News - Mar. 12 -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - Mar. 12 -
Is the inflation drop good news for mortgage rates?
Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.CBS News - Mar. 12 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
Why are HELOC rates so much lower than home equity loans now? Experts weigh in
HELOC interest rates are near two-year lows, making them significantly cheaper than home equity loans. Here's why.CBS News - Mar. 17 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.CNBC - Mar. 12 -
Home sales see a bump in February thanks to higher-income buyers
Sales of existing homes rose in February, as some buyers — particularly those with higher incomes — are keeping the upper end of the market alive and well.MarketWatch - Mar. 20 -
Here’s where the jobs are for February 2025 – in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.CNBC - Mar. 7 -
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 - Mar. 19 -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12 -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - Mar. 12 -
Mortgage rates drop to the lowest level in 5 months, luring home buyers back into the housing market
Mortgage applications rose 11.2% in the past week, the Mortgage Bankers Association said.MarketWatch - Mar. 12 -
UK inflation slows more than expected to 2.8%
Fall in clothing prices drives decline but services inflation holds at 5% in FebruaryFinancial Times - 2d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - Mar. 7 -
Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot
Mortgage rates barely budged last week, but homebuyers may be inching back to the market despite strong spring headwinds.NBC News - 1d -
Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.CNBC - Mar. 21 -
Monster Hunter Wilds Sales Are Way Higher Than World At Launch In The US
Monster Hunter Wilds launched in February and sold more than 8 million copies over its first three days, becoming Capcom's fastest-selling game ever. But how is it selling in the US? Also very ...GameSpot - Mar. 19 -
Clothes sales push inflation down more than expected
Inflation fell to 2.8% in February, driven by cheaper women's clothing.BBC News - 2d -
Industrial output jumps 0.7% in February, fueled by rebound in vehicle production
Industrial production rose 0.7% in February, the Federal Reserve reported Tuesday, above economists’ expectations.MarketWatch - Mar. 18 -
What are today's mortgage and mortgage refinance interest rates?
Knowing today's mortgage rates can help new homebuyers and homeowners looking to lock in a good deal.CBS News - 22h -
House Democratic campaign arm says it raised more than $11.1M in February
The Democratic Congressional Campaign Committee (DCCC) said it raised more than $11.1 million during February. The haul is an improvement from the committee’s January haul, which saw the House ...The Hill - Mar. 20 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
The cost of U.S. imports jump in February. Is it the Trump tariff effect?
The cost of imports rose faster than usual in February, perhaps a result of U.S. companies rushing to bring in foreign goods ahead of President Donald Trump’s tariffs.MarketWatch - Mar. 18 -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - Mar. 12 -
Retail sales increased 0.2% in February, though spending up less than expected
Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate.CNBC - Mar. 17 -
R.F.K.’s Prescription for Bird Flu Is Dangerous
The death rate in the U.S. has been much lower than expected.The New York Times - 2d -
How much does a $200,000 home equity loan cost per month in 2025?
Home equity loan rates have declined, making a $200,000 loan more affordable. Here's what it could cost monthly now.CBS News - Mar. 13 -
Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot
Mortgage rates didn't move much last week, but demand from homebuyers for loans rose to the highest level in nearly two months. Rising inventory may be why.CNBC - 1d -
HELOC rates continue to fall: Here's how much cheaper it is than the alternatives
HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.CBS News - Mar. 13 -
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.CNBC - Mar. 19 -
Salary Bumps for Job Jumps Shrink from Post-Pandemic Highs
Amid frenetic turnover rates from 2021 to mid-2023, people who changed jobs saw average wage increases of more than 22 percent. Now the average boost is less than 5 percent.Inc. - Mar. 18 -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - Mar. 12 -
U.K. inflation cools to 2.8% in February but respite could be short-lived
The U.K.'s inflation rate fell slightly to 2.8% in February, coming in just below analyst expectations, according to the Office for National Statistics.CNBC - 2d -
Record spring break travel expected despite higher costs
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.CBS News - Mar. 13 -
US arrests more immigrants in February 2025 than any month in last seven years
Guardian data analysis shows administration transformed immigration enforcement in only a few weeks. US immigration enforcement officials arrested more people in the first 22 days of February 2025 ...The Guardian - Mar. 13