Latest in Mortgage Rates Expected
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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 - 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 - 13h -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 14h -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 17h -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 14h -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 15h -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - 17h -
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 - 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 JulyABC 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 -
Key moments to expect at Jimmy Carter's state funeral
Norah O'Donnell previews the special coverage of former President Jimmy Carter's state funeral, highlighting what to expect as the nation bids farewell to the 39th president at the Washington ...CBS News - 1d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 2d -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.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 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - 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 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - 3d -
Source: City eye deal for £50m-rated Marmoush
Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.ESPN - 3d -
Lions expect Montgomery to be ready for playoffs
Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...ESPN - 3d -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - 3d -
Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - 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 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - 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 -
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What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - 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 -
WATCH: 2025 Golden Globes’ predictions and what to expect
ABC News’ Will Ganss and senior entertainment reporter at ESPN's Andscape Kelley Carter discuss the kickoff to awards season.ABC News - Jan. 3 -
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 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
All Democrats expected to participate in Speaker’s vote
All Democrats are expected to be in the Capitol on Friday for the vote to seat the next Speaker of the House, according to the Democratic whip’s office. The full participation of Democrats is ...The Hill - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - 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 -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1
