Latest in Limits Mortgage Lending
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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 - 9h -
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.CNBC - 22h -
Houthis to limit attacks on international shipping off Yemen
Islamist militants say Gaza ceasefire deal means only Israeli vessels will be targetedFinancial Times - 13h -
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 - 1d -
State Republicans Propose New Limits on Transgender Identity
The new lawmaking sessions open after a campaign year in which Republicans leaned on messaging that tapped into fears about transgender issues.The New York Times - 2d -
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 - 3d -
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 - 4d -
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 - 4d -
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 -
Heather Knight lends voice to plight of Afghanistan women’s team
England captain calls for greater support for cricketers in exile Alyssa Healy passed fit to take gloves in Women’s Ashes opener England captain Heather Knight says that the plight of the ...The Guardian - 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 -
Chinese lenders have a massive challenge: They can't lend enough
Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful policy push fade.CNBC - 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 -
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 -
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.CNBC - Jan. 9 -
Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.The New York Times - Jan. 9 -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’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 -
More fizzle than pop: the limits of Nicole Kidman’s erotic drama Babygirl
Despite bold scenes for mainstream American cinema, the sexy dom/sub age-gap film can’t quite figure out what it’s saying about desire. Arguably the most transgressive scene in Babygirl , A24’s ...The Guardian - 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 -
Israel, Hezbollah Fighting Stretches a Cease-Fire Deal to the Limit
Both sides are accusing each other of violations as the deadline nears for Israeli troops to withdraw from Lebanon.The Wall Street Journal - Jan. 8 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - 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 -
U.S. to Ease Aid Restrictions for Syria in Limited Show of Support for New Government
The move reflects Washington’s wariness about the U.S.-designated terror organization that leads the country.The Wall Street Journal - Jan. 6 -
FDA sets limits on lead in some baby foods
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.CBS News - Jan. 6 -
FDA limits toxic lead in some baby foods
The FDA set maximum levels for lead in baby foods like jarred fruit, yogurts and dry cereal, part of an effort to reduce kids’ exposure to the toxic metal.NBC News - Jan. 6 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - Jan. 6 -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - Jan. 6 -
Monday will be a tougher test for the system, though snow could limit traffic.
The tolls were introduced just past midnight on Sunday. Officials are still assessing how they are affecting traffic patterns in New York City.The New York Times - Jan. 6 -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2