Trump promised to lower housing costs. Mortgage rates stand in the way.

Trump Tells Davos Crowd He Will Demand Lower Interest Rates, Oil Prices

Via video address, the new U.S. president lets the world know he’s not thinking about small-scale changes.

Inc. - 4h

Trump says he will 'demand' lower interest rates

Trump made a virtual address to the World Economic Forum in Davos, Switzerland.

ABC News - 1d

Trump promised to lower housing costs. Mortgage rates stand in the way.

The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.

MarketWatch - 13h

2-year Treasury yield ends lower after Trump’s ‘demand’ for lower interest rates

The 2-year Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve ...

MarketWatch - 1d

Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%

ABC News - 1d

Trump follows through on immigration promises

President Trump's administration is following through on promises made during the 2024 presidential election, but some of his actions may take time to implement and could be debated in the courts, ...

CBS News - 2d

Trump rolls back effort to lower Medicare, Medicaid drug costs

Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.

MarketWatch - 2d

Trump promised to lower gas prices — but his tariffs could help raise them instead

President Donald Trump’s “drill, baby, drill” pledge is well known, but drivers may end up paying more at the pump in the coming months despite his plans to lift U.S. oil production.

MarketWatch - 2d

Trump rolls back Biden directive to study methods of lowering prescription costs

Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for ...

The Hill - 3d

Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

CNBC - 3d

4 ways to lower your credit card debt while unemployed

Reducing your credit card debt could provide serious relief if you're in between jobs. Here's how to do it.

CBS News - 3d

Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.

The New York Times - 3d

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.

MarketWatch - 4d

This simple practice could lower the rate of depression among retirees

A new study found a 43% drop in the odds of depression among retired people with this habit.

MarketWatch - 6d

An American tragedy: how Biden paved the way for Trump’s White House return

To admirers, Biden will remain one of the most consequential one-term presidents in US history – to detractors, he was undone by a fatal flaw. His back straight, his voice steady, Joe Biden stood ...

The Guardian - 6d

Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs

The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.

The New York Times - Jan. 16

Mortgage rates rise past a key mark, signaling bad news for home buyers

The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.

MarketWatch - Jan. 16

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

The New York Times - Jan. 16

Just 2 in 10 confident Trump can lower costs in first year: Survey

Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...

The Hill - Jan. 16

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - Jan. 16

Will mortgage rates fall below 6% in 2025? What experts say

Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.

CBS News - Jan. 13

These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates

Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.

MarketWatch - Jan. 13

Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.

Rates were supposed to go down — but a strong U.S. economy is getting in the way.

MarketWatch - Jan. 11

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - Jan. 10

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The New York Times - Jan. 9

Average US long-term mortgage rate inches up to 6.93% for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

ABC News - Jan. 9

5 ways to save on your mortgage payments this January, according to experts

Saving on mortgage payments could help you start the new year strong. Here's how to get started.

CBS News - Jan. 9

Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation

“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”

The New York Times - Jan. 9

House Republican bill would pave way for Trump to acquire Panama Canal for US

Rep. Dusty Johnson (R-S.D.) will introduce a bill that would authorize the president to purchase the Panama Canal and put it under U.S. control, an acquisition that President-elect Trump has been ...

The Hill - Jan. 8

What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.

CBS News - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.

The Hill - Jan. 8

Justin Trudeau promised ‘sunny ways’ but could not fulfil his lofty ambitions

Canada’s outgoing PM leaves behind a mixed legacy dotted with progressive wins but was accused of failing to deliver on key issues. He swept into parliament at the helm of surprise majority, ...

The Guardian - Jan. 6

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - Jan. 6

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - Jan. 4

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