How the Federal Reserve's rate policy affects mortgages

Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.

CNBC - 20h

The Fed cut interest rates but mortgage costs jumped. Here's why

The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.

CNBC - 1d

How a Government Shutdown Could Affect the Economy

A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.

The New York Times - 1d

Mortgage rates increase despite Fed's rate cut

The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...

CBS News - 2d

November home sales surged more than expected, boosted by lower mortgage rates

Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors

CNBC - 2d

November home sales surged more than expected, boosted by lower mortgage rates

Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors.

NBC News - 2d

Lennar blames high mortgage rates for sales miss, but says its home prices also need to fall

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

MarketWatch - 2d

Home sales rebound as buyers seize a dip in mortgage rates. Could the bump be short-lived?

Existing-home sales rose to a rate of 4.15 million in November, the National Association of Realtors said.

MarketWatch - 2d

Donald Trump’s presidency looms over the Federal Reserve

Also in today’s newsletter, president-elect raises the odds of a government shutdown

Financial Times - 2d

How the Fed's rate cuts will affect Americans directly?

The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...

CBS News - 3d

The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you

The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.

CNBC - 3d

Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...

CBS News - 3d

What the Fed's December rate cut means for mortgage interest rates

Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.

CBS News - 3d

Federal Reserve cuts interest rate again

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.

CBS News - 3d

Federal Reserve decision coming on final interest rate cut for 2024

The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.

CBS News - 3d

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

The New York Times - 3d

The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction

Inflation just hit a five-month high in November and asset prices are smashing records.

Inc. - 3d

Federal Reserve set to announce last decision of the year on interest rates

The Federal Reserve will release its final decision of the year regarding interest rates later today. This will be the final interest rate decision before President-elect Trump takes office.

NBC News - 3d

Here's what to know as the Federal Reserve is expected to make another rate cut

CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.

CBS News - 3d

Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Total application volume fell 0.7% compared with the previous week, according to the MBA's seasonally adjusted index. That was the first decline in five weeks.

CNBC - 3d

Mortgage rates inch up ahead of Fed meeting

Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.

MarketWatch - 3d

How a U.S. Bitcoin Strategic Reserve Would Work

The surge of enthusiasm for cryptocurrencies since Trump’s election may see the government take on a bitcoin stockpile.

Inc. - 4d

Here's when homeowners should give up their low mortgage rate to buy a new home, according to experts

Giving up your low mortgage rate to buy a new home may make sense in some scenarios, experts say.

CBS News - 4d

Federal Reserve is likely to cut interest rates next week. Here's what that means for you

The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.

CNBC - Dec. 13

CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve

New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...

CBS News - Dec. 11

Mortgage refinance demand surges 27%, as interest rates drop for the third straight week

Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings.

NBC News - Dec. 11

Mortgage refinance demand surges 27%, as interest rates drop for the third straight week

Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.

CNBC - Dec. 11

Here's what could happen with mortgage rates this December, according to experts

Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.

CBS News - Dec. 9

How Will the Power 4 Championship Games Affect the College Football Playoff?

Arizona State dominated Iowa State to take home the Big 12 title. But will it be enough to earn a first-round playoff bye?

The New York Times - Dec. 7

Will mortgage rates fall below 6% in 2025? Here’s what experts say.

The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.

MarketWatch - Dec. 7

Fannie Mae CEO reveals what’s really behind rising mortgage rates

Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.

MarketWatch - Dec. 7

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...

The Guardian - Dec. 6

How period poverty is affecting players in Ghana’s Premier League | Moving the Goalposts

Luxury tax on foreign sanitary pads is tainting the experience of some players and harming their progress. Portia Prempeh believes being comfortable brings out the best in every player, especially ...

The Guardian - Dec. 6

How reachable are Keir Starmer’s new policy ‘milestones’?

Targets aimed at showing voters that government is on track vary wildly in ambition, experts say

Financial Times - Dec. 5

4 mortgage interest rate scenarios that could occur in 2025

Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.

CBS News - Dec. 5

Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.

NBC News - Dec. 4

Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.

CNBC - Dec. 4

CFP rankings release: See how the new top 25 affected the bracket

A first look at the new bracket based on the College Football Playoff committee's penultimate set of rankings.

ESPN - Dec. 3

Here's how holiday drinking can affect your health, according to a doctor

Estimates show Americans drink twice as much during the holiday season as they normally do. Here's how the extra alcohol can impact your health.

CBS News - Dec. 3

What's the mortgage interest rate forecast for December 2024?

If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.

CBS News - Dec. 3

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