Why one economist says Elon Musk could hold the key to lower mortgage rates

Elon Musk's $1 million voter sweepstakes may continue, Pa. judge says

A judge in Pennsylvania ruled Elon Musk's PAC's $1 million voter sweepstakes can continue through Tuesday's election.

Elon Musk is no Kissinger, but may help improve U.S.-China relations, experts say

Musk's relationship with Trump has fueled expectations that he could soften U.S. policy toward Beijing, but experts caution against putting too much stock into the Tesla CEO.

Business - CNBC - 2 days ago

'SNL' cast member Chloe Fineman says Elon Musk made her cry when he hosted the show

"Saturday Night Live” cast member Chloe Fineman appeared to solve a mystery about which recent “SNL” host made someone cry: saying that Elon Musk left her in tears.

The missing midlife crisis: why 81% of millennials say they can’t afford one

This traditional period of inner turmoil is often accompanied by weight gain, cosmetic treatments, ill-advised purchases and new hobbies. But is it becoming a thing of the past?. Name: The ...

World - The Guardian - 3 days ago

Elon Musk's PAC Is Buying Ads for Donald Trump on Elon Musk's X

America PAC purchased ads yielding tens of millions of impressions on X between July 8 and October 1, according to the platform’s ad disclosure data.

Tech - Wired - October 21

Are Elon Musk and Vladimir Putin Talking?

The billionaire has reportedly been in regular contact with the Russian president, heaping more scrutiny on the power and influence the entrepreneur wields over the U.S. government.

Business - The New York Times - October 25

What tariffs do and why economists don't like them

“The most beautiful word in the dictionary is tariff,” former President Donald Trump told the Economic Club of Chicago last week.

Ukraine war briefing: Military holding off one of Russia’s fiercest offensives since invasion began, says Syrskyi

Top Ukrainian military commander’s comments come after Russia’s quickest monthly gains since start of war. What we know on day 984. See all our coverage of the Russia-Ukraine war Ukrainian ...

World - The Guardian - November 3

‘A disappointment to home buyers’: Mortgage rates surge to a two-month high

The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 17

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

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 - November 6

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

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

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.

The average rate on a 30-year mortgage in the US slips to 6.78%

The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

The standoff carries high stakes for the U.S. economy, experts said.

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.

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

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 - Yesterday

Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.

Business - The Wall Street Journal - October 24

EU races to prepare for a Trump win

Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-elected

Business - Financial Times - October 25

Faulty jobs data leaves UK hiring picture uncertain, economists say

Minimum wage rise in Budget at time of labour market uncertainty could lead to more unemployment

World - Financial Times - October 27

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