Latest in Mortgage costs rise despite interest rate cut
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Will HELOC interest rates fall in November?
HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.Top stories - CBS News - October 29 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
‘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. economyBusiness - MarketWatch - 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 -
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 - November 6 -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - November 6 -
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climbTop stories - ABC News - Yesterday -
Here's how interest rates impact gold prices
When interest rates drop, gold prices often rise — but there are also other factors at play.Top stories - CBS News - October 21 -
Will home equity loan interest rates fall in November?
Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.Top stories - CBS News - October 31 -
The Budget should not be a big deal for interest rates
Bank of England has already had plenty of time to react to the chancellor’s thinkingBusiness - Financial Times - October 31 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...Business - MarketWatch - 9 hours ago -
What's a good HELOC interest rate now that rates are falling again?
HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.Top stories - CBS News - November 5 -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Fortescue Iron Ore Shipments, Costs Rise
The company reiterated an annual production forecast of between 190 million and 200 million tons for the year through June 2025.Business - The Wall Street Journal - October 23 -
Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.Top stories - BBC News - October 20