Mortgage rates rise to highest level since July due to these 3 reasons

Weekly mortgage demand inched up, despite higher interest rates. Here's why

After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.

Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.

The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - 2 days ago

Will mortgage rates and home prices go down next year? Your 2025 real-estate road map.

Will mortgage rates finally fall in 2025? And will it become more affordable to buy — or even rent?

Business - MarketWatch - 2 days ago

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

Bus fare cap in England rises to £3

Keir Starmer announces 50% increase from next year

World - Financial Times - October 28

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Inflation rises slightly as economy reacts to interest rate cuts

New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.

U.S. military suicide rate rises; what can be done

The rate of active-duty U.S. service members who committed suicide has risen over the last two years, according to numbers from the Pentagon. Josh McCain, CEO of Big Sky Bravery, a non-profit ...

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - 3 days ago

3 ways HELOC interest rates could drop this November

HELOC interest rates are on the decline. Here's how they could fall even further in November.

2-year Treasury yield sees biggest monthly rise since February 2023

Treasury yields finished little changed on Thursday after a closely followed inflation reading, but booked solid monthly increases.

Business - MarketWatch - October 31

30-year bond yield closes with biggest jump since 2022 after Trump wins

U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...

Business - MarketWatch - November 6

Bus fares to rise to £3 in England under new cap

The new limit replaces the existing £2 cap but some have criticised the decision.

Alibaba posts profit beat as China looks to prop up tepid consumer spend

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Business - CNBC - November 15

Falling oil prices may help push gas below $3 a gallon for the first time since 2021

The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...

Business - MarketWatch - October 28

Vikings become first team to win a game with 0 touchdowns and 3 turnovers since 2006

John Parker Romo hit four field goals to lift Minnesota past Jacksonville.

"Rust" film premiere in Poland more than 3 years since fatal shooting on set

The "Rust" film premiere in Poland occurred three years after the fatal on-set shooting of cinematographer Halyna Hutchins. Alec Baldwin was not present. CBS News' Chris Livesay reports.

UK economy barely grows with Budget fears blamed

The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.

10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent

The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.

Business - CNBC - October 28

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