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How the Federal Reserve's rate policy affects mortgages
Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.CNBC - 22h -
The Fed cut interest rates but mortgage costs jumped. Here's why
The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.CNBC - 1d -
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...CBS News - 2d -
Israeli curbs on Gaza water supplies are ‘acts of genocide’, rights agency says
Human Rights Watch alleges attacks on infrastructure and repair workers contribute to thousands of deathsFinancial Times - 2d -
US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds
The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to ...ABC News - 3d -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 3d -
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.The New York Times - 3d -
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Giving Pledge Group, Led by Gates and Buffett, Removes Billionaire Accused of Fraud
Arif Naqvi, founder of the Abraaj Group, a Dubai-based private equity firm that collapsed in 2018, was indicted by U.S. prosecutors in 2019.The New York Times - 3d -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 3d -
Russian lawmakers approve a bill that could remove the terrorist designation for the Taliban
The lower house of Russia’s parliament has approved a bill that would set the stage for Moscow to remove the designation of the Taliban in Afghanistan as a terrorist groupABC News - 4d -
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Home equity loan vs. mortgage refinance: Which will be better in 2025?
Both have unique features for homeowners now. Here's how to determine which is better for you going into 2025.CBS News - 5d -
Gisèle Pelicot removes all traces of her husband from her life
In the years before the mass rape trial that has shocked France, Gisèle almost caught Dominique Pelicot.BBC News - Dec. 15 -
Home equity loan vs. reverse mortgage: Which will be better for 2025?
Both options offer homeowners unique access to home equity. Here's how to determine which will be better in 2025.CBS News - Dec. 13 -
Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China
Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South PacificABC News - Dec. 12 -
Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China
Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South PacificABC News - Dec. 12 -
Supreme Court Poised to Curb Scope of Environmental Reviews
Several justices indicated that a federal agency had complied with a federal law by issuing a 3,600-page report on the impact of a proposed railway in Utah.The New York Times - Dec. 10 -
Supreme Court appears likely to curb environmental law after arguments
The Supreme Court appears likely to weaken one of the nation’s bedrock environmental laws, after justices heard a key case on Tuesday. During oral arguments, several of the court’s conservative ...The Hill - Dec. 10 -
Russian lawmakers advance a bill removing the terrorist designation for the Taliban
The lower house of Russia's parliament has given initial approval to a long-discussed bill that would clear the way for Moscow to remove the Taliban’s designation as a terrorist groupABC News - Dec. 10 -
Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks
Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken.The New York Times - Dec. 9 -
Too early to remove Syrian rebels from terror list, says Starmer
The PM said no decision had been made after the group led the overthrow of al-Assad rule.BBC News - Dec. 9 -
Here's what could happen with mortgage rates this December, according to experts
Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.CBS News - Dec. 9 -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - Dec. 8 -
Will mortgage rates fall below 6% in 2025? Here’s what experts say.
The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.MarketWatch - Dec. 7 -
Fannie Mae CEO reveals what’s really behind rising mortgage rates
Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.MarketWatch - Dec. 7 -
'Horrible way to get out' - Bumrah removes Smith for two
Steve Smith is dismissed by Jaspit Bumrah for two in unfortunate fashion in the second Test between Australia and India in Adelaide.BBC News - Dec. 7 -
So You’ve Had a Hysterectomy. Do You Know What Was Removed?
Patients often are in the dark about which organs remain and which were removed — particularly the ovaries, which profoundly influence lifelong health.The New York Times - Dec. 6 -
Rocket Mortgage Sues U.S., Challenges DOJ Discrimination Suit
Rocket Mortgage sued the federal government as part of a challenge to the Justice Department’s recent discrimination lawsuit tying Rocket to the conduct of an appraiser it used.The Wall Street Journal - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
How South Korea’s president could be removed from office
Yoon Suk Yeol faces an impeachment bid after his failed attempt to impose martial lawFinancial Times - Dec. 5 -
Opposition party leader arrested as Georgia authorities try to curb protests over ending EU talks
Georgian police have raided the offices of an opposition party and arrested its leader in an apparent attempt to squelch a wave of mass protests over the decision to suspend negotiations on joining ...ABC News - Dec. 4 -
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Hong Kong airline removes 'Family Guy' episode with Tiananmen Square reference
Cathay Pacific removed the episode of the animated series from its in-flight entertainment system after a complaint that it could violate China's national security laws.NBC News - Dec. 4 -
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What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
GOP insiders sought Hegseth's removal as leader of veterans' group in 2016
A Trump loyalist is at the center of new allegations facing Pete Hegseth, Donald Trump's pick for defense secretary.CBS News - Dec. 3 -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -