Latest in Trump promised to lower housing costs. Mortgage rates stand in the way.
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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 -
Trump, Obama exchange pleasantries at Carter funeral after long-standing rivalry
President-elect Trump and former President Obama had an extended friendly exchange as they sat next to each other at the funeral services for former President Carter on Thursday. Cameras captured ...The Hill - 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 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 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 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
Ex-adviser: Trump didn't promise to pardon all Jan. 6 protesters
One of President-elect Trump’s former campaign advisers said the incoming commander in chief didn’t promise to pardon all Capitol insurrectionists, as speculation swirls over how broad Trump's ...The Hill - Jan. 7 -
Will Trump stand up to Russia and China, or appease their lust for power?
The world will soon see either a resolute or an appeasing Trump.The Hill - Jan. 7 -
Trump, White House react to Justin Trudeau's resignation
The development comes a month after Canada's deputy prime minister, Chrystia Freeland, resigned suddenly from Trudeau's cabinet.ABC News - Jan. 6 -
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 -
Trump promises pardons for Jan. 6 Capitol rioters
President-elect Donald Trump has promised pardons for those who stormed the Capitol four years ago to try to disrupt the certification of President Biden's election win. CBS News political ...CBS News - 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 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Trump promised pardons for January 6 rioters in ‘first hour’ of his second term. What might this mean?
Observers raise alarm about how pardons for convicted Capitol attackers might weaken US criminal justice system. As Donald Trump prepares to return to the White House, politicians, legal observers ...The Guardian - Jan. 6 -
Lawmakers brace for Trump's promised Jan. 6 pardons. Some are urging restraint
The fourth anniversary of the Jan. 6 attack on the Capitol has a new focus as lawmakers brace for the prospect that Donald Trump may soon pardon many of the more than 1,500 people charged with ...ABC News - Jan. 5 -
Trump announces additional senior White House officials
President-elect Trump has announced additional senior White House officials, further filling out his team ahead of his inauguration on Jan. 20. Trump picked Stanley Woodward to join the White ...The Hill - Jan. 5 -
Biden is trying to weaponize the Clean Air Act on his way out of the White House
President Biden’s Department of Justice filed an unusual brief in Sunoco v. Honolulu.The Hill - Jan. 4 -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - Jan. 4 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
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 -
"Breaking Bad" house up for sale. Here's how much it costs.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.CBS News - Jan. 4 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - Jan. 4 -
How much will a $10,000 CD earn at today's lower rates?
CD returns on a $10,000 deposit have dropped, but they're not insignificant. Here's how much savers can still earn.CBS News - Jan. 3 -
Trump ally Mike Johnson re-elected US House Speaker
Republican secures votes after backroom deal quells brief party rebellionFinancial Times - Jan. 3 -
How Donald Trump reacted to Mike Johnson winning the House speaker vote
President-elect Donald Trump congratulated Mike Johnson on social media after the Louisiana representative won his bid to remain as House speaker. CBS News' Ed O'Keefe has more.CBS News - Jan. 3 -
5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.CBS News - Jan. 3 -
Will Trump's endorsement be enough for Mike Johnson to remain House speaker?
Mike Johnson may face Republican resistance in his quest to retain the House speakership. This comes after President-elect Donald Trump endorsed Johnson's bid. CBS News' Taurean Small and Ed ...CBS News - Jan. 3 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Trump has made a lot of Day One promises. Which will he keep?
Way up on his list of Day One priorities is his promise to begin rounding up and deporting immigrants who snuck into this country — and those who committed serious crimes would be the first to go.The Hill - Jan. 3 -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Musk is standing in the way as Bezos reaches for orbit
Though the Amazon founder has ground to make up, he is unlikely to be short of customers for his space projectFinancial Times - Jan. 2 -
Trump endorses Mike Johnson to remain as House Speaker
President-elect Trump rang in the new year at his Mar-a-Lago home, less than three weeks before Inauguration Day, telling reporters that he would attend President Carter’s funeral and reiterated ...NBC News - Jan. 1 -
Showdown over House Speaker after Trump endorses Johnson
Even though President-elect Trump has endorsed him, House Speaker Mike Johnson faces a showdown over whether he will continue in the role. A vote is scheduled in the House on Friday. NBC News' Gabe ...NBC News - Dec. 31