Mortgage House Burns

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 - 9h

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 - 11h

The Memories That Burn, Too

Shawn Hubler, who covers California from Sacramento, details the personal, psychological toll of the wildfires.

The New York Times - 9h

Faisal Islam: Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - 15h

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 - 1d

Residents return to burned homes as LA fires rage on

Families are assessing the damage to their properties and communities as some of the fires are 0% contained.

BBC News - 1d

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 - 1d

Average US long-term mortgage rate inches up to 6.93% for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

ABC News - 1d

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 - 1d

Wildfire turns scenes of L.A. into a nightmare of burning homes and fleeing residents

At least two people are dead, hundreds of buildings have burned and tens of thousands of Southern Californians remain under evacuation orders after fast-moving wildfires exploded in the Los Angeles ...

NBC News - 2d

Maps show where fires are burning right now in L.A. area

Updating maps of Southern California show where wildfires, like the Palisades Fire and Eaton Fires, are burning across Los Angeles.

CBS News - 2d

Deadly Eaton Fire burns more than 10,000 acres

The Eaton Fire has spread across 10,000 acres, according to officials, and at least two deaths have been confirmed. CBS News Los Angeles' Joy Benedict reports.

CBS News - 2d

Los Angeles fire official on multiple wildfires burning

Capt. Sheila Kelliher of the Los Angeles County Fire Department joins "CBS Mornings" to talk about the latest in battling multiple wildfires in the area.

CBS News - 2d

Los Angeles resident evacuated as his neighborhood burned

Many Los Angeles residents are catching glimpses of homes in their community that burned down overnight as several fires continue to grow across the massive California county. CBS News Los Angeles ...

CBS News - 2d

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 - 2d

Flames spread in California community as wildfires continue to burn around Los Angeles

KCAL News' Joy Benedict reports on the devastating wildfires raging in the California community of Altadena.

CBS News - 2d

Destruction in Malibu Village as Los Angeles wildfires continue to burn

KCAL News' Rick Montanez reports from Malibu Village as wildfires rage around the Los Angeles area in Southern California.

CBS News - 2d

What to know as multiple wildfires burn near Los Angeles

Crews are battling multiple wildfires threatening heavy populated areas of Southern California around Los Angeles. CBS News correspondent Danya Bacchus reports.

CBS News - 2d

Pacific Palisades fire, other blazes burn in California as residents flee

A massive wildfire burning in Los Angeles has forced tens of thousands of people to evacuate. Other wind-driven blazes were spreading in the region.

CBS News - 2d

Multiple wildfires burn around Los Angeles, devastating communities

Multiple wildfires are burning around Los Angeles, including the Palisades Fire, which has destroyed homes and businesses and forced tens of thousands to evacuate. It's one of three volatile fires ...

CBS News - 2d

'This is like a movie scene': California's Eaton fire burns multiple homes

KNBC reporter Michelle Valles walks through an Altadena, Calif., neighborhood as homes ignited by the Eaton Fire burn around her. The fire double in size overnight, consuming thousands of acres and ...

NBC News - 2d

Watch: Ferocious and explosive fire burns behind CBS reporter

Flames are seen climbing trees and embers fly as wind gusts continue to fuel wildfires in LA.

BBC News - 2d

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - 2d

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 - 2d

Pacific Palisades wildfire, 3 others burning in and near Los Angeles

The Pacific Palisades wildfire and three others burning in and around Los Angeles, driven by powerful winds, have expanded, forcing residents to evacuate, destroying homes and other buildings and ...

The Hill - 2d

Thousands ordered to evacuate as wildfires burn around Los Angeles

The Los Angeles County Fire Department has warned more than 10,000 homes are at risk as strong winds fuel devastating wildfires in Southern California. CBS News correspondents Danya Bacchus and ...

CBS News - 2d

On-the-ground look at the Palisades Fire burning in southern California

Southern California is facing a life-threatening windstorm as a brush fire in the Pacific Palisades region of Los Angeles burns hundreds of acres. Thousands have evacuated amid the fast-moving ...

CBS News - 3d

UK watchdog bans adverts featuring burning dollars

Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASA

Financial Times - 3d

Man Charged in NYC Subway Burning Pleads Not Guilty and Says He Was Drunk

Sebastian Zapeta-Calil, confronted with video of the immolation of Debrina Kawam, told detectives he was blackout drunk at the time. He pleaded not guilty to murder on Tuesday.

The New York Times - 3d

Where Giants can turn in free agency after missing out on Burnes

Who can the San Francisco Giants turn to next after missing out on signing free-agent pitcher Corbin Burnes? Alex Pavlovic weighs their options.

Yahoo Sports - 3d

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 - 4d

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 - 4d

Burning waste is not the way to move the UK towards a circular economy | Letters

A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...

The Guardian - 6d

Friends From Debrina Kawam’s Happy Past Aghast After Subway Burning

Debbie Kawam, as she was known in high school, was a cheerleader and a sunny presence. As the decades went on, she fell into an abyss.

The New York Times - 6d

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - 6d

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