Housing Costs Mortgage

Trump promised to lower housing costs. Mortgage rates stand in the way.

The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.

MarketWatch - 1d

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 - 4d

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 ownership

Financial Times - 5d

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 - 6d

The Cost of Surviving a Wildfire

Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.

The New York Times - 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

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

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Mayfield blames self for 'dumb stuff' that cost Bucs

Buccaneers QB Baker Mayfield took the blame for a costly fourth-quarter fumble Sunday night against Washington and said that while it will "wear on me for a while," he's proud of the way his team ...

ESPN - Jan. 13

‘Our computer sampler cost more than a house!’: how the Korgis made Everybody’s Got to Learn Sometime

‘I wrote it in 20 minutes one Sunday morning and there have now been more than 50 cover versions. My favourite is the brooding one Beck did for Eternal Sunshine of the Spotless Mind’. We’d had a ...

The Guardian - 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

Estimated cost of Thames Water renationalisation questioned

Comparison with Bulb government loans gives exaggerated forecast, experts claim

Financial Times - Jan. 13

Australia Opposition Focuses On Living Costs in Campaign Launch

Yahoo News - Jan. 12

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

Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.

The multimillion-dollar homes burning in the L.A. wildfires may not qualify for mortgage relief.

MarketWatch - Jan. 11

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

The Costs of the Los Angeles Fires

Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.

The New York Times - 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 year

Financial Times - Jan. 10

LA wildfire damages set to cost record $135bn

Some of the most expensive properties in the US have been wiped out by the fires.

BBC News - Jan. 10

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

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

Catastrophes cost world $320bn in 2024, reinsurer reports

Losses rise by 30% as climate change takes its toll

Financial Times - Jan. 9

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

Navy faces steep shipbuilding costs

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...

The Hill - Jan. 7

Your Customers Are Costing You Dearly

The customer is not always right. And some of them are more expensive than they’re worth.

Inc. - Jan. 7

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

The New York Times - Jan. 6