The Fed goes big — a nice jumpstart to lowering mortgage rates and boosting housing plays

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

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

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

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

Mortgage rates increase for the fifth straight week — but there’s good news

The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 31

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

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 - 3 days ago

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Jordan North boosts Capital radio breakfast ratings

The Burnley-born presenter left Radio 1 earlier this year and replaced Roman Kemp at Capital in April.

Democrats press Biden to lower housing costs before leaving White House

Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...

Politics - The Hill - October 17

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

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.

The White House's plan to boost contraception access

Presented by Alliance for Aging Research — Plus: How Hurricane Helene is threatening dialysis patients {beacon} Health Care Health Care The Big Story Biden admininistration proposes expanded ...

Politics - The Hill - October 21

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.

Business - Inc. - October 21

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Rival creditor group offers Thames Water emergency loan at lower rate

The UK’s largest water and sewerage provider is struggling with a £19bn debt load

Business - Financial Times - October 31

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Will you have a lower tax rate in retirement? Maybe not, financial advisors say

Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.

Business - CNBC - 2 days ago

Trump has promised lower interest rates. That will be largely out of his control.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.

Politics - NBC News - 6 hours ago

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

Business - CNBC - October 31

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Fed poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - 6 days ago

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

Why you should open a CD even as the Fed continues to cut rates

An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.

Latest in The Fed goes big — a nice jumpstart to lowering mortgage rates and boosting housing plays

7% mortgage rates are a warning about who will win the election, economist says

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

Mortgage demand stalls as interest rates surge higher ahead of election

Mortgage rates increase for the fifth straight week — but there’s good news

Average rate on a 30-year mortgage in the US rises for fifth straight week

Weekly mortgage demand tanks 11% as interest rates surge higher

Will UK interest rate cut make mortgages and loans cheaper?

Jordan North boosts Capital radio breakfast ratings

Democrats press Biden to lower housing costs before leaving White House

The difference between Harris and Starmer

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

The White House's plan to boost contraception access

Weight-loss drugs could be key in lowering US obesity rates – experts

China cuts benchmark lending rates by 25 basis points

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Credit card interest rates are surging: How to lower yours now

Rival creditor group offers Thames Water emergency loan at lower rate

The Federal Reserve lowers interest rates by 0.25 percentage points

Will you have a lower tax rate in retirement? Maybe not, financial advisors say

Trump has promised lower interest rates. That will be largely out of his control.

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

New U.S. economy data before next Fed interest rate decision

Fed poised to look past US election uncertainty with quarter-point rate cut

Will gold's price fall after this week's Fed rate cut?

Why you should open a CD even as the Fed continues to cut rates

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