Mortgage demand drops further, even as interest rates settle

Trump says he will 'demand' lower interest rates

Trump made a virtual address to the World Economic Forum in Davos, Switzerland.

ABC News - Jan. 23

Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%

ABC News - Jan. 23

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

CNBC - Jan. 23

Lengthy legal fight lands blow on Sun’s publisher but shows even princes have to settle

Duke of Sussex and Tom Watson hail ‘monumental victory’ after securing agreement with News Group Newspapers. Prince Harry to receive ‘substantial damages’ after settling legal claim Duke says ...

The Guardian - Jan. 22

Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

CNBC - Jan. 21

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.

MarketWatch - Jan. 20

Bills v Ravens was supposed to be about two stars. It was settled by a brutal drop

All the talk coming into Sunday was about Josh Allen v Lamar Jackson. But it’s often errors rather than brilliance that decide big games. Josh Allen v Lamar Jackson was set to be an epic. The idea ...

The Guardian - Jan. 20

US consumers ‘resilient’ in face of high prices and interest rates

Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday season

Financial Times - Jan. 18

When will HELOC interest rates drop again?

HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.

CBS News - Jan. 17

What savers should do now with interest rates on pause

A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.

CBS News - Jan. 16

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.

CNBC - Jan. 16

Mortgage rates rise past a key mark, signaling bad news for home buyers

The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.

MarketWatch - Jan. 16

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

The New York Times - Jan. 16

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - Jan. 16

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Eye Opener: High winds threaten to spread wildfires even further into California neighborhoods

Another day of fear and anxiety in Southern California as high winds threaten to spread deadly wildfires even further into neighborhoods. Also, a tense confirmation hearing for Pete Hegseth, ...

CBS News - Jan. 15

Will mortgage rates fall below 6% in 2025? What experts say

Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.

CBS News - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - Jan. 13

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.

Rates were supposed to go down — but a strong U.S. economy is getting in the way.

MarketWatch - Jan. 11

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - Jan. 10

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

HELOC interest rates drop to 18-month low: Should you open one now?

HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.

CBS News - Jan. 9

What's a good home equity loan interest rate in 2025?

With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.

CBS News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The New York Times - Jan. 9

Average US long-term mortgage rate inches up to 6.93% for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

ABC News - Jan. 9

What's a good CD interest rate in 2025?

CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.

CBS News - Jan. 8

What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.

CBS News - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.

The Hill - Jan. 8

Trump: ‘Interest rates are far too high’

President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...

The Hill - Jan. 7

HELOC interest rate pros and cons to know for 2025

A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.

CBS News - Jan. 6

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - Jan. 6

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - Jan. 4

Latest in Mortgage demand drops further, even as interest rates settle

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