First Approval Ratings

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.

What will happen to home equity loan rates after this week's Fed rate cut?

Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.

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 - 3 days ago

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

Fatal First Date

A couple’s first date ends with an ambush. Both are shot. Can the only survivor identify the shooter? "48 Hours" correspondent Erin Moriarty reports.

FirstFT: Trump’s first appointment

Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker pay

World - Financial Times - November 8

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

New-home construction dips in September, as builders await rate cuts

Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

Business - MarketWatch - October 18

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

How much will a $75,000 HELOC cost per month now that rates are falling?

A $75,000 HELOC has inexpensive monthly payments now, and they could become even cheaper in the months to come.

Yen resumes decline on doubts over Japan interest rate rises

Currency sinks below ¥150 against US dollar for first time since August surge

World - Financial Times - October 19

Back-to-back rate cuts no indication of future ECB policy, governor says

Slovenian central bank chief Boštjan Vasle argues central bank needs flexibility to respond to signs of persistent inflation

World - Financial Times - October 20

Top UK law firms raise hourly rates by 40% in five years

Inflation and growth of US firms in London push up charges at British counterparts, according to PwC survey

Business - Financial Times - October 20

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

Bad Polls for Japan’s Ruling Coalition May Cloud BOJ Rate Path

World - Yahoo News - October 21

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

ECB’s Kazimir Says December’s Rate Meeting Is Wide Open

World - Yahoo News - October 21

Cargo On-Time Rates Are Dismal. Two Shipowners Have a Plan to Fix That.

In a new alliance, Maersk and Hapag-Lloyd are aiming to cut docking costs and improve on-time performance.

Business - The Wall Street Journal - October 20

Car-Insurance Rate Hikes Were Easing. Then Came the Hurricanes.

Storms could push up insurance costs for vehicle owners in hurricane-prone areas.

Business - The Wall Street Journal - October 19

Is a fixed-rate HELOC worth it now? Here's what some experts think.

Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.

Business - Inc. - October 21

Latest in First Approval Ratings