The 30 year mortgage rate just hit 7%. Here’s how much it will cost homeowners.
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U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Here's how much you'd save by using a HELOC
Borrowing your home equity could lead to savings compared to other options. Find out how much you'd save here.CBS News - Top stories -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
How much money Americans in their 30s saved in 2023—and how to save more, according to a CFP
Despite various financial burdens, people in their 30s managed to save the most out of any age group last year — and here's how they can save even more in 2024.CNBC - Business -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount.NBC News - Top stories -
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.BBC News - Top stories -
Senate Passes Two-Year Extension of Surveillance Law Just After It Expired
The law lapsed only briefly after a late-night deal that allowed votes on privacy advocates’ proposed changes, all of which were defeated.The New York Times - Top stories -
Turnbull takes no-hit bid into 7th, Bohm hits pair of 3-run homers, Phillies beat White Sox 7-0
Spencer Turnbull carried a no-hit bid into the seventh inning, Alex Bohm hit a pair of three-run homers and the Philadelphia Phillies beat the Chicago White Sox 7-0 to extend their winning streak to fourABC News - Sports - MLB -
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius.Wired - Tech -
Ex-Indiana teacher accused of encouraging classmates to beat up 7-year-old with disabilities
A former teacher in Indiana is accused of orchestrating a “Fight Club” in which he allegedly encouraged classmates to beat up a 7-year-old student with disabilities and videotaping at least one assault, according to a lawsuit filed this week.NBC News - Top stories -
Opera gets slapped with the 'elitist' label. L.A. proves just how wrong that is
With Verdi's 'La Traviata' and Huang Ruo's 'Book of Mountains and Seas' as well as other projects, L.A. Opera is attempting to cover all operatic bases. Can opera thrive here?Los Angeles Times - Entertainment -
Taylor Swift's New Album Just Dropped. Here's the Brilliantly Simple Trick She Used to Guarantee Success
Short version: Never ever let the story end.Inc. - Business -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
Here's How a TikTok Ban Got Tied to Military Aid for Israel and Ukraine
Like making sausage, some legislation's creation has ugly aspects and improbable combinations of ingredients.Inc. - Business -
How Canadian Gun Smugglers Pulled Off the Biggest Gold Heist in Years
A man driving a truck pulled up at Toronto’s airport with fake documents and drove off with $14.5 million in gold bars.The Wall Street Journal - World -
The struggle to choose the right mortgage
As interest rates stay higher for longer, those looking to refinance face some difficult choicesFinancial Times - Business -
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.The Wall Street Journal - World -
You could claim up to $500 from Walmart as a part of a $45 million class action lawsuit—here's how to check
A class action lawsuit alleges Walmart overcharged customers for certain weighted goods and bagged citrus. How to file a claim for a cash payout up to $500.CNBC - Business -
Here’s how Phish is using the Sphere's technology to give fans something completely different
Phish opened its four-night stay at the Sphere Thursday with a four-hour showABC News - Tech -
12:30 Report — Democrats bail out Mike Johnson
{beacon} 12:30 REPORT Happy Friday. And Happy TTPD Day for all those who celebrate!! If you haven’t listened to Taylor Swift’s new album yet, you can listen to it here. Here’s what else is happening today: Jury selection continues today in former ...The Hill - Politics -
In Australia, ‘Cats Are Just Catastrophic’
Feral cats take a heavy toll on the world’s wildlife, especially Down Under. The solution? Smarter traps, sharpshooters, survival camp for prey species, and the “Felixer.”The New York Times - Science - Australia -
Here’s the latest.
Twelve jurors have already been chosen. Jury selection could wrap up on Friday as the lawyers seek to add five alternates — substitutes in case any of the first dozen must leave — to the panel.The New York Times - Top stories -
Searching for a Legendary Architect's Work in Mexico City---and Finding So Much More
Some of the best trips start with a goal. Our writer set out to see the masterpieces of Mexican architect Luis Barragán—and ended up eating ant-larvae tacos, taking a tour in a vintage VW van and scoring an invite to an artsy party.The Wall Street Journal - World -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
'30 Rock' actor says his 'heart goes out' to students after visit canceled over 'lifestyle'
A “30 Rock” actor said his “heart goes out” to students at a middle school in Pennsylvania after a scheduled event with him was canceled by the local school board. Maulik Pancholy, who is openly gay, said in a Thursday Instagram post he “learned ...The Hill - Politics -
7 places to retire for people who love cruises
If you plan to cruise a lot in retirement, being within driving distance of a major port can open up the world to you.MarketWatch - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
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Target Just Made a Bittersweet Change. It’s the End of an Era
DVDs lost the battle to streaming services. Now they're disappearing from shelves.Inc. - Business -
It’s Not Just a Wedding Cake, It’s ‘Edible Haute Couture’
Bastien Blanc-Tailleur, a luxury cake designer based in Paris, creates opulent confections for high-profile clients, including European royalty and American socialites.The New York Times - Lifestyle -
Undergarments for the Ultrawealthy
Cadolle, a maker of corsets favored by designers like John Galliano and labels like Dior, is known for custom underpinnings that can cost thousands of dollars.The New York Times - Lifestyle -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
Foreign aid legislation advances, but could cost Speaker Mike Johnson
The House Rules Committee advanced a foreign aid package that provides billions in stalled security funding for Ukraine, Israel and Taiwan, steering the measures closer toward passage this weekend. The legislation had been tied up for weeks. The ...CBS News - Politics -
Almost a quarter of kids aged 5-7 have smartphones
The regulator calls the data a "wake up call", and says parents and industry need to do more.BBC News - Top stories -
Logan Webb dominant for 7 innings as Giants blank Diamondbacks 5-0
Logan Webb retired 19 straight batters on his way to seven smooth innings and the San Francisco Giants beat the Arizona Diamondbacks 5-0 to open a four-game seriesABC News - Sports - MLB