Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - November 6

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - November 7

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - November 13

Home sales surged in October, just before mortgage rates jumped

Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.

Business - CNBC - 2 days ago

Home sales surged in October, just before mortgage rates jumped

A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.

Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.

What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.

Business - MarketWatch - November 5

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

Pending home sales jump to six-month high as lower mortgage rates draw buyers in

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

Business - MarketWatch - October 30

Trump Defeats Harris to Retake the Presidency

Plus, Republicans win control of the Senate.

Top stories - The New York Times - 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

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

US election live: Kamala Harris says ‘do not despair’ in concession speech; Republicans outline ‘first 100 days’ of Trump presidency

Vice-president calls on supporters to accept election result, promises ‘peaceful transfer of power’; Trump campaign says Biden has invited president-elect. US election results 2024: live map and ...

World - The Guardian - November 7

Putin commends Trump victory – as it happened

This blog is closing now, thanks for following along. You can find all of the latest US elections stories here .. Ten key takeaways from Trump’s win The key swing states and counties that ...

World - The Guardian - November 8

Trump Wins 2024 Presidential Election, Defeating Harris

He played on fears of immigrants and economic worries to defeat Vice President Kamala Harris. His victory signaled the advent of isolationism, sweeping tariffs and score settling.

Top stories - The New York Times - November 6

Harris could have defeated Trump by embracing Biden

Kamala Harris lost the presidency to Donald Trump because she ran an awful campaign. Contrary to received wisdom, this was not because she did not adequately distance herself from President Biden; ...

Politics - The Hill - November 15

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.

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

Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts

The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...

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

Tesla’s Stock Jumps After Trump’s Victory

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

Tech - The New York Times - November 8

Why the 30-year fixed-rate mortgage isn’t going away under Trump

The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.

Business - MarketWatch - Yesterday

White House mostly mum after Trump victory

The White House has taken its show largely behind closed doors after Vice President Harris’s stinging defeat to Donald Trump. Harris has all but disappeared from the public eye, jetting off to ...

Politics - The Hill - 16 hours ago

After Harris's defeat, state victories show a new direction for Black politics

While most observers of Black politics will focus on the defeat of Vice President Kamala Harris, we should not neglect a silver lining to be found in the states.

Politics - The Hill - November 7

Democrats play blame game after Kamala Harris' defeat

Democrats are finger-pointing over Vice President Kamala Harris' brutal election loss. A new article from NOTUS details exactly who and what more than a dozen Harris campaign aides, Democratic ...

Shapiro's 2028 prospects rise sharply after Harris defeat

Pennsylvania Gov. Josh Shapiro (D) is being floated as a future standard-bearer for Democrats following the party’s stunning nationwide defeat on Election Day. Shapiro, who made it to the final ...

Politics - The Hill - November 13

2-year Treasury yield jumps after the close, with Powell patient about rate cuts

The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank ...

Business - MarketWatch - November 14

Harris leads Trump by 3 in Michigan, sees jump in Black support: Poll

Vice President Harris leads her rival, former President Trump, by 3 points in the battleground state of Michigan and saw a jump in support from Black voters with less than a week before Election ...

Politics - The Hill - November 1

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.

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

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

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

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 - 4 days ago

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.

What will mortgage interest rates be in 2025? Experts weigh in

Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.

To defeat Trump, Harris must talk more about the economy | Robert Reich

US vice-president’s campaign has stalled because Americans continue to struggle with their bills despite economic growth. I don’t know about you, but I’m feeling more anxious about the outcome of ...

World - The Guardian - October 29

Donald Trump defeats Kamala Harris to win 2024 presidential election

Republican nominee Donald Trump will defeat Democratic nominee Kamala Harris in the 2024 presidential race, NBC News projects.

Business - CNBC - November 6

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