Weekly mortgage demand inched up, despite higher interest rates. Here's why

After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.

Business - CNBC - 5 hours ago

Weekly mortgage demand inched up, despite higher interest rates. Here's why

After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.

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 - November 6

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

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Inflation's up again. Here's what it could mean for mortgage interest rates.

Inflation ticked back up to 2.6% in October. Here's what that rise could mean for 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 - November 6

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

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - November 8

Why mortgage interest rates may drop again this week

Could mortgage interest rates head back down again this week? Here's why they could.

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July

Business - CNBC - October 23

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.

Oil prices settle higher but stay on track for a weekly loss

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...

Business - MarketWatch - 5 days ago

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.

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.

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Investors are bracing for higher-for-even-longer interest rates

Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...

Business - MarketWatch - 4 days ago

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.

Business - CNBC - November 6

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 - November 6

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - November 13

We reiterate our 1 rating on Microsoft despite its softer guidance — here's why

The numbers look different this quarter due the company re-segmenting a few businesses, but overall there's not much to complain about.

Business - CNBC - October 31

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 23

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.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - November 7

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - November 4

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

A key inflation measure drops to 2.1%. Here's the interest rate impact.

The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

Here's how far HELOC interest rates have dropped this year

HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.

Upstart’s stock roars higher. Here’s why analysts say the tide is turning.

Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.

Business - MarketWatch - November 8

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

Business - CNBC - October 23

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