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 - 4 hours ago

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 - October 30

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - 11 hours ago

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 - 5 hours ago

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.

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 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.

‘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

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

What causes home equity loan interest rates to drop? And will they keep falling?

Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.

Trump Media Stock Surges on Election Result

Shares in Trump Media were among the most actively traded in the United States after the election was called.

Business - The New York Times - 2 hours ago

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 6 hours ago

Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People

An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.

Top stories - The New York Times - October 17

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 - Yesterday

Dogecoin and other memecoins surge as Trump wins presidential election

Dogecoin surged more than 30% at one point after bitcoin rallied to a new all-time high.

Business - CNBC - 7 hours ago

Phunware’s stock soars on Donald Trump’s election victory

Shares of mobile-advertising company Phunware have soared in recent weeks.

Business - MarketWatch - 11 hours ago

Stocks soar after decisive Trump victory

Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election.

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 - 8 hours ago

Here are the stocks rallying the most on Trump's victory

President-elect Trump’s successful reelection bid sparked an uptrend in stocks for crypto, tech and auto industries less than 24 hours after results were announced. The Dow Jones Industrial ...

Politics - The Hill - 6 hours ago

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.

Business - The New York Times - 1 hour ago

Trump's DJT stock is surging, lifting Truth Social. Here's why.

Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.

We're locking in profits on 2 stocks that are surging on Trump's election win

Shares of the Club holdings were up big in premarket trading after NBC News projected Donald Trump defeated Kamala Harris in the presidential election.

Business - CNBC - 10 hours ago

Stocks surge after Trump wins 2024 presidential election

The stock market reacted favorably to news of former President Donald Trump winning the 2024 presidential election. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how the U.S. economy ...

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

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 - October 24

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.

Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...

World - The Guardian - October 23

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.

Business - CNBC - October 22

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.

Rove: Trump will win White House with either Georgia, Pennsylvania or Michigan victory

Republican strategist Karl Rove predicted on Tuesday that former President Trump would win the White House with either a Georgia, Pennsylvania or Michigan victory. During a Fox News appearance, ...

Politics - The Hill - October 29

‘A huge victory’: World leaders react as Trump secures White House return

A flurry of world leaders sent their congratulations to President-elect Donald Trump after the 78-year-old triumphantly declared a "magnificent" victory.

Business - CNBC - 12 hours ago

Small-cap stocks are ripping higher after Trump’s win. What history tells us might happen next.

The Russell 2000 index jumped 5.5% on Wednesday after former President Donald Trump’s electoral win.

Business - MarketWatch - 2 hours ago

Here's what a Kamala Harris or Donald Trump win would mean for the stock market

The stock market has soared during the presidential campaign. Will it continue?

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Business - MarketWatch - 10 hours ago

Latest in Mortgage rates surge higher on Trump victory, causing housing stocks to fall