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 - 3 hours ago

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August

Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.

Business - CNBC - October 16

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July

Business - CNBC - October 23

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

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

‘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

Consumer confidence surges ahead of election

American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...

Politics - The Hill - 21 hours ago

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

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 - 6 hours ago

A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic

Builder sentiment inched up in October, the National Association of Home Builders said.

Business - MarketWatch - October 17

Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll

Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...

Politics - The Hill - October 14

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

Business - CNBC - October 23

Consumer confidence surges to record high ahead of Election Day

During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...

Politics - NBC News - 3 hours ago

Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates

Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.

Business - CNBC - October 14

Fed Governor Christopher Waller sees need for more caution when lowering interest rates

Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - 5 days ago

‘You are next’: online posts show Islamic State interest in attacks on US ahead of election

Internet chatter and Oklahoma arrest of alleged would-be IS attacker indicate terror group’s planning. After the FBI arrested an Afghan man in Oklahoma planning an election day shooting on behalf ...

World - The Guardian - October 20

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

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.

Action demanded over surge in illegal meat imports

The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.

How a rare type of mortgage is landing homebuyers a 3% rate

U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.

Business - CNBC - October 15

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 - 4 hours ago

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.

Business - CNBC - October 23

Cash Isas popularity surges ahead of UK Budget

Investors shift into tax-sheltered accounts given uncertainty of Labour proposals

World - Financial Times - 5 days ago

Here's how interest rates impact gold prices

When interest rates drop, gold prices often rise — but there are also other factors at play.

U.S. intel identifies disinformation campaigns ahead of election

With just over a week to go before elections, there's a new warning about threats, fake videos and propaganda all aimed at trying to fool voters. NBC News' Maura Barrett reports.

Politics - NBC News - 3 days ago

Google signs deal with nuclear company as data center power demand surges

Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.

Business - CNBC - October 15

TSMC beats forecasts with 54% surge in profits on soaring AI demand

Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

Business - MarketWatch - October 17

Nuclear energy stocks hit record highs on surging demand from AI

Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisation

Business - Financial Times - October 20

Miners are razing forests to meet surging demand for metals and minerals, report says

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon ...

World - ABC News - October 23

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - 6 days ago

How does the 10-year Treasury yield affect mortgage rates? Experts explain

The 10-year Treasury yield plays a significant role in your mortgage loan borrowing costs. Here's how.

Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.

The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - 5 days ago

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