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Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - 6 days ago -
European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.Business - CNBC - 6 days ago -
Lamar Jackson's 5-TD game fell just short of a perfect passer rating
Lamar Jackson couldn’t have performed much better as a passer when he threw five TD passes, only five incompletions and no interceptions while throwing for 281 yards in a victory for Baltimore over ...Sports - ABC News - 6 days ago -
How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.Business - CNBC - 6 days ago -
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.Business - MarketWatch - 5 days ago -
How does the 10-year Treasury yield affect mortgage rates? Experts explain
The 10-year Treasury yield plays a significant role in your mortgage loan borrowing costs. Here's how.Top stories - CBS News - 5 days ago -
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - 5 days ago -
How much does a $30,000 home equity loan cost per month now that rates were cut?
A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.Top stories - CBS News - 5 days ago