Latest in Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
Sort by
8,351 items
-
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
South Korea lowers interest rates over Trump fears
Rare back-to-back cut reflects concern over impact of incoming US president’s policiesBusiness - Financial Times - 2 hours ago -
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.Top stories - CBS News - November 4 -
HELOC interest rates drop to their lowest point in 2024: Why you should open one now
HELOC interest rates hit a new 2024 low this week. Here's why homeowners should consider opening one right now.Top stories - CBS News - 6 days ago -
Orlando Pride head to first NWSL championship after 3-2 win over Kansas City Current
The Pride will now face the Washington Spirit in Kansas City for chance to cap off a historic season with the team's first NWSL title.Sports - Yahoo Sports - November 17 -
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...Top stories - CBS News - November 13 -
How much does a $200,000 HELOC cost per month now that rates are dropping?
HELOCs come with lower interest rates than many alternatives right now - and they could fall further in November.Top stories - CBS News - October 30 -
Dr Martens’ shares jump 15% on new CEO’s start date despite drop in first half sales
Dr Martens said its new CEO Ije Nwokorie will take over from incumbent Kenny Wilson on Jan. 6 2025, in a shakeup investors hope could boost the struggling boot makerBusiness - MarketWatch - 19 minutes ago -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
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 -
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates stand near a record high.Top stories - ABC News - November 14 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
OpenAI brings online search to ChatGPT
Move takes aim at rivals including Google and PerplexityBusiness - Financial Times - October 31 -
Parents to be hit by ‘nanny tax’ after national insurance changes
Families affected will be worse off by more than £1,000 a yearBusiness - Financial Times - October 31 -
Tomorrow's Top 25 Today: Auburn jumps into top five after win, Texas drops out in college basketball rankings
Projecting the new AP Top 25 college basketball rankings after games played Nov. 4-10.Sports - CBS Sports - November 10 -
Awards Watch: Players the voters are backing after the first month of the season
Who are the leading candidates for the Hart, Norris, Vezina, Calder and more?Sports - ESPN - November 14 -
-
Warriors report card: Team grades after first month of NBA season
Dalton Johnson grades different components of the Golden State Warriors one month into the 2024-25 NBA season.Sports - Yahoo Sports - 3 days ago -
Trump and Fed Chair Powell could be set on a collision course over interest rates
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.Business - CNBC - 6 days ago -
The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.Business - CNBC - November 4 -
Will mortgage rates fall? Your Budget questions answered
Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.Top stories - BBC News - October 30 -
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.Business - The New York Times - November 12 -
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - November 20 -
Average mortgage rate increases heading into winter holidays
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.Top stories - CBS News - 6 days ago