Latest in Cut Affect Mortgages
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How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
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 - Jan. 21 -
Reeves backs plans for looser limits on mortgage lending
UK chancellor favours proposals by financial regulator for banks to take more risks to boost home ownershipFinancial Times - Jan. 20 -
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 - Jan. 20 -
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - Jan. 19 -
How President Trump and the dollar might affect your investment portfolio
Also: Value stocks, the start of earnings season, retirement planning for people of all ages and a new development in the space race.MarketWatch - Jan. 18 -
Everything we know about the fires and how many people are affected
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted last week and roared across the Los Angeles area.NBC News - Jan. 18 -
FireAid benefit concert for those affected by LA fires: Everything to know
More performers have been added to the FireAid benefit concert lineup.ABC News - Jan. 17 -
How have the California wildfires affected Hollywood?
The ongoing devastation has impacted this year’s awards season, raising questions over the Oscars and Grammys. The California wildfires have to date killed at least 25 people, destroyed or ...The Guardian - Jan. 17 -
Mortgage rules could be eased to boost loans
The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.BBC News - Jan. 17 -
Shohei Ohtani is donating $500,000 to help firefighters and others affected by the LA wildfires
Los Angeles Dodgers superstar Shohei Ohtani is donating $500,000 to help firefighters and others affected by the area's deadly wildfiresABC News - Jan. 16 -
How a TikTok ban would affect younger users, Gen Z
The TikTok ban will take effect on Sunday if its Chinese-owned parent company, ByteDance, does not divest its ownership. Denora Getachew, CEO of dosomething.org, a leading site for young activism, ...CBS News - Jan. 16 -
Jim Cramer reflects on how the Biden administration might have affected the market
CNBC's Jim Cramer on Thursday mused about how President Joe Biden impacted the market.CNBC - Jan. 16 -
Montana House endorses transgender bathroom ban affecting fellow lawmakers
Montana’s Republican-controlled House endorsed a ban on transgender people using bathrooms in public buildings that do not align with their sex assigned at birth — a change that would complicate ...NBC News - 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 -
4 reasons to get preapproved for a mortgage loan this January
If you're entering the home market soon, experts say this is a good time to get pre-approved for a mortgage.CBS News - 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 -
Pasadena Teenager Starts Donation Drive to Help Girls Affected by California Wildfires
An eighth grader started a donation drive for teenagers whose homes burned in Los Angeles. Ariana Grande, Prince Harry, Meghan and others have chipped in.The New York Times - Jan. 16 -
Draymond Green on whether Warriors would mortgage future to win now: 'Bad teams do that'
Golden State's veteran forward is in lockstep with the way the franchise has handled personnel decisions.Yahoo Sports - Jan. 13 -
Everything we know about the fires and how many people are affected
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted Tuesday and roared across the Los Angeles area, destroying hundreds of homes and killing at least 24 people, ...NBC News - Jan. 13 -
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 -
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 -
How does a criminal conviction affect Trump, if at all?
President-elect Donald Trump will become the first sitting U.S. president to have a criminal record when he takes office in 10 days. CBS News legal analyst Rikki Klieman breaks down what this means ...CBS News - Jan. 10 -
Jennifer Garner using 'celebrity privilege' to aid Californians affected by wildfires
NBC News' Tom Llamas spoke with Jennifer Garner, who is taking action to support California residents affected by wildfires. Garner shared that she is using her "celebrity privilege" to collaborate ...NBC News - Jan. 10 -
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 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California's insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my ...The Hill - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
FEMA assistance available for those affected by Los Angeles fires
The Federal Emergency Management Agency released an assistance guide for those affected by the wildfires in the Los Angeles area.ABC News - Jan. 9 -
Businesses offer aid to people affected by Los Angeles wildfires
Some businesses are offering free emergency shelter and other services to residents who have been displaced by the Los Angeles fires.CBS News - Jan. 9 -
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 JulyABC 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 -
Map shows where air quality is being affected by Los Angeles wildfires
As thousands of acres burn across Southern California, wildfire smoke is causing poor air quality in the region and beyond.CBS News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - 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