Here’s how low mortgage rates have to go to restore the frozen U.S. housing market.

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - 18 hours ago

‘A disappointment to home buyers’: Mortgage rates surge to a two-month high

The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 17

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 23

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

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

Mortgage rates increase for the fifth straight week — but there’s good news

The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 31

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

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

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

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - 23 hours ago

Emerging markets are having a moment

US interest rate cuts spur reassessment of asset class and bolster its allure

Business - Financial Times - October 18

Here’s how ETF investors can lock in higher yields as Treasury rates jumped in October

Defined-maturity bond ladder ETFs could help investors lock in high yields and maturity dates to match their investment goals during periods of heightened market volatility.

Business - MarketWatch - October 31

HELOC interest rates are falling. Here's how much further they can drop this November.

HELOC interest rates are on the decline, but will they continue to fall this November? Here's what to know.

The bear market is coming — and it’s going to be painful

The stock market will not keep going up forever.

Business - MarketWatch - 4 days ago

Minimum wage is on the ballot in 5 states this November. Here's how the votes could go

Voters in Missouri, Alaska and California will vote on minimum wage hikes. Massachusetts and Arizona will consider tipped worker wages.

Business - CNBC - October 18

How Trump broke both parties — and where Democrats go from here: From the Politics Desk

Over the course of the last decade, President-elect Donald Trump broke both national political parties. Now Democrats must figure out their economic message.

Politics - NBC News - Yesterday

Stock-market investors should treat Trump and Harris election playbooks with caution

Wall Street makes trading elections sound as easy as falling off a log. Reality often disappoints.

Business - MarketWatch - 5 days ago

How much does a $70,000 HELOC cost per month now that rates have dropped?

A $70,000 HELOC comes with inexpensive monthly payments that could become cheaper as rate cuts are issued.

How much does a $125,000 HELOC cost per month now that rates have dropped?

A HELOC is one of the most affordable financing options available right now. Here's what you can expect to pay each month.

Dodgers vs Yankees: Which World Series winner could rally the U.S. stock market? Here’s what history may suggest.

Does the World Series have an impact on stocks — or even presidential elections?

Business - MarketWatch - October 23

How to know if mortgage refinancing makes sense now

As mortgage rates decline, some homeowners may want to consider refinancing now. Here's what to know now.

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - Yesterday

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - October 29

Here’s how Seagram’s heiress Hannah Bronfman and husband have turned their New York apartment into a lucrative side gig

The couple purchased the enormous property for $2.7 million in 2019, and now they are taking full advantage of the opulent space.