Homebuyers Await Mortgage

Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts

The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...

Prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while

America’s prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while.

Here's how old the typical U.S. homebuyer is today

Homeowners in the U.S. are getting older as the dream of buying a house slips further out of reach for many Americans.

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.

World awaits US election results

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story US election closely watched across the world The tight race between ...

Politics - The Hill - November 5

The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says

With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.

Business - CNBC - November 4

Average age of first-time homebuyers is 38, an all-time high. Here's what that says about the real estate market

The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.

Business - CNBC - November 5

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

How to know if mortgage refinancing makes sense now

As mortgage rates decline, some homeowners may want to consider refinancing now. Here's what to know now.

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

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.

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

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.

Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination

After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.

Top stories - The New York Times - November 1

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

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

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - 2 days ago

Nerves frayed in Canada and Mexico over US trade relations

As Americans prepare to vote in the presidential election, Canadians and Mexicans mull the likely impact.

Boeing Warns on Cash Burn, Awaits Strike Vote

The jet maker posted its biggest quarterly loss since 2020. Striking union members are voting later on a new contract proposal.

Business - The Wall Street Journal - October 23

Israel targeted military sites in long-awaited counterstrike on Iran

In a statement, Israel Defense Forces said that "in response to months of continuous attacks," it conducted "precise strikes on military targets in Iran."

Fillier Signs With Gatorade While Awaiting PWHL Contract

Sarah Fillier has signed an endorsement deal with Gatorade Canada to represent the brand as an athlete. She is still waiting, however, to sign her first PWHL contract.

Sports - Yahoo Sports - October 24

UK’s long-awaited Budget Day arrives

Plus, tech, pharma and oil lead the earnings run, Bank of Japan makes a rate call and Britain’s opposition party picks a new leader

World - Financial Times - October 27

Unrivaled expands rosters, awaits Clark decision

Unrivaled, the newly formed 3-on-3 women's basketball league, announced Fever star Aliyah Boston as its 30th player and plans to add six additional players before the league opens play in January.

Sports - ESPN - November 1

'Incalculable' bill awaits Spain after historic floods

World - Yahoo News - November 5

US shares and Bitcoin hit record highs on Trump win

The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.

Sinwar is finished. Netanyahu’s end still awaits.

Sinwar led a terrorist organization and met a predictable fate on the battlefield. Netanyahu, however, is a democratically elected national leader whose actions reveal a profound betrayal of the ...

Politics - The Hill - November 6

Swiatek exits WTA Finals after Krejcikova win

Iga Swiatek is knocked out of the WTA Finals after group rival Barbora Krejcikova beat Coco Gauff to secure her place in the semi-finals.

Sports - Yahoo Sports - November 7

Benefits, interest rates and pensions - how September's inflation figure affects you

The cost of living is always important but this month's has a particular extra impact for millions of people.

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

Hong Kong to Ease Mortgage Rules, Cuts Liquor Tax in Growth Push

World - Yahoo News - October 16

‘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

A crisis-era mortgage strategy is making a comeback — and this time it’s bailing out buyers

Home buyers are turning to interest-free second mortgages to fund their down payments.

Business - MarketWatch - October 19

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

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

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

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