The Fed’s ‘temporary’ mortgage backed security experiment will last decades

The Fed’s ‘temporary’ mortgage-backed security experiment will last decades

It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.

Politics - The Hill - 6 hours ago

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.

Mortgage rates inch up to a 3-month high ahead of Fed meeting

Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - 11 hours ago

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

'Hear Me Out': Meme Halloween Costumes Are So Last Decade

Chronically online millennials turning memes into costumes used to be all the rage. Now, the TikTok generation has a new challenge to bring back some old classics.

Tech - Wired - October 25

Why the Menendez Brothers case is back in the spotlight, decades after their conviction

CBS News legal contributor Caroline Polisi discusses how a new generation is re-evaluating the Menendez Brothers' claims of emotional and sexual abuse. Decades after their conviction, the L.A. ...

Exclusive security footage shows the last sighting of missing Native American woman

Exclusive security footage shows the last time 23-year-old Jermain Charlo was seen alive. Six years later, investigators say they are close to a break in the case, while community members in ...

AP PHOTOS: Likely in its last decade, a Czech coal mine provides fuel for electricity and heat

Deep underground in northeastern Czech Republic, workers in the region's last-functioning coal mine drill, load and haul the fuel up to the surface. The CSM mine is part of the Upper Silesian Coal ...

World - ABC News - October 14

Protecting Your Vote: 1 in 5 Election Day polling places have closed over last decade

As part of the monthlong series "Protecting Your Vote," ABC News examines the closing of thousands of polling sites following a 2013 Supreme Court ruling.

Ranking last 10 World Series: Dodgers vs. Yankees can't quite live up to hype in 2024 Fall Classic

The Dodgers-Yankees series had high hopes and huge moments, but only lasted five games

Sports - CBS Sports - 6 days ago

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.

Business - MarketWatch - October 26

Black Ops 6 Brings Back Last Stand, But Not How You'd Expect

The Last Stand perk hasn't been seen in a Call of Duty game since 2017's Call of Duty: WWII, but it's coming back--in a way at least--for Black Ops 6 .. Activision has announced all the field ...

Tech - GameSpot - October 18

US-led Minerals Security Partnership backs new rare earths project in Brazil

The coalition is the west’s answer to China’s control of minerals that are critical to the energy transition

World - Financial Times - October 22

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

New experiments in grape growing

Breeders have crossed and hybridised vines for centuries but they’re facing different challenges now

Business - Financial Times - October 19

Harold Perrineau's 'secret plan' to bring back 'The Best Man' one last time

25 years after the original film's premiere, the actor reflects on his career and 'The Best Man' franchise — and reveals the cast's strategy for keeping it alive.

Entertainment - Los Angeles Times - October 22

Pending home sales took an unexpected leap higher last month, but rates have climbed back up

The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.

Business - CNBC - October 30

Texas judge grants temporary restraining order pausing Robert Roberson's execution

Texas lawmakers filed a subpoena Wednesday in a last-minute effort to delay the execution of Robert Roberson.

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

‘A municipal swimming pool’: tourists react to temporary Trevi fountain replacement

Rectangular structure installed as 18th-century masterpiece undergoes essential maintenance. One of the first things American students Fiona Hastings and Olivia Nieporte did as they visited Rome ...

World - The Guardian - 5 days ago

‘I don’t trust my financial guy.’ I’m 67 and trying to live on $2.2K-a-month Social Security. I have $500K with an adviser, who charges 2%, but last year the return was 26%. What’s my move?

We spotted a lot of too-common red flags.

Business - MarketWatch - 6 days 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.

8 of the most unique experiences in Australia

World - Yahoo News - October 23

The ‘Relevant Experience Trap’ Stifles Innovation

Challenge your orthodoxies to avoid the ‘Rinse, Lather, Repeat’ Syndrome.

Business - Inc. - October 24

We will be living in Trumpland for decades

The protectionism that Trump brought back into fashion now has a momentum of its own

World - Financial Times - 4 days ago

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

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

How to know if mortgage refinancing makes sense now

As mortgage rates decline, some homeowners may want to consider refinancing now. Here's what to know now.

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.

Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination

After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.

Top stories - The New York Times - 5 days 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

‘It was a deflating experience’: the novelists who nearly gave up

With earnings having dropped by 60%, it is harder than ever to keep going as a writer – even if your work gets rave reviews. The 2022 publication of A Hunger , Ross Raisin’s fourth novel, was his ...

World - The Guardian - October 14

Hilton partners with Be My Eyes for accessible guest experiences

World - Yahoo News - October 16

What to Know About the University of Michigan’s D.E.I. Experiment

A Times investigation found that the school built one of the most ambitious diversity programs in the country — only to see increased discord and division on campus.

Top stories - The New York Times - October 16

Experience: I do hair and makeup for the dead

I always ask their families for a photograph, so I have a guide to how the person looked when they were alive. When I was 27, I lost my nan and grandad within three weeks. It was horrendous, but ...

World - The Guardian - October 25

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