Mortgage Rates Fall
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Mortgage rates fall, providing some relief to home buyers
The U.S. 30-year mortgage rate is averaging at 6.79% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
Housing market frozen as home buyers ‘hold out’ for lower mortgage rates
Mortgage applications dipped 0.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.93%.MarketWatch - Business - Mortgage -
Limits placed on removal of land from food production in England
Government restrictions come after farmers raise concerns over domestic food securityFinancial Times - World -
Putin’s Ukraine obsession has blinded him to dangers at home
The Kremlin autocrat once wanted to align with the US in fighting terrorism but is trapped in lies and paranoiaFinancial Times - World - Ukraine -
My wife and I owe $450,000 on a $1.2 million house with a 3.5% mortgage rate. Our payments will soon increase. Should we pay it off or invest in stocks?
“We are in our late 60s, in good health and we have a second home worth $900,000 that is fully paid for.”MarketWatch - Business -
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.The Wall Street Journal - World - New York -
10 important mortgage loan questions to ask this spring
If you want to get the best mortgage loan possible, be sure to ask your lender these questions during the process.CBS News - Top stories -
Which reverse mortgage payout option is best?
There are multiple reverse mortgage payout options, but which one is the best for you? Find out here.CBS News - Top stories - Mortgage -
Mortgage applications are down. Here's why buyers may want to act now.
Fewer mortgage applications suggest that buyer demand is waning. Here's why that could benefit you now.CBS News - Top stories -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Minnesota Timberwolves Sale Takes Dramatic Turn
A group led by entrepreneur Marc Lore and retired ballplayer Alex Rodriguez had been in line to buy the NBA franchise. Then the current owner spiked the deal.The Wall Street Journal - World -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
WSJ Dollar Index Falls 0.2% to 98.85
The WSJ Dollar Index was down 0.2% to 98.85 — snapping a two-trading-day winning streak.The Wall Street Journal - World -
Eurozone Bond Yields Drift Lower, Liquidity Seen Light Ahead of Easter
Eurozone government bond yields were slightly lower in early trading, with investors awaiting fresh drivers in a week when market liquidity is likely to be light ahead of the Easter holidays.The Wall Street Journal - World -
Satisfaction with NHS falls to 40-year low
British Social Attitudes survey reflects impact of strikes and long waiting lists on health service in 2023Financial Times - World -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
U.S. Natural Gas Futures Fall on Oversupply Concerns
U.S. natural gas futures settled lower for a sixth straight session on concerns about surplus inventories and less bullish near-term weather forecasts.The Wall Street Journal - World -
How Thames Water can avoid nationalisation
Without fresh equity the UK utility would have to slash costs and investment and focus squarely on cash preservationFinancial Times - Business -
Tributes paid to Gogglebox star after fall death
'Charming' star George Gilbey, 40, who also appeared on Celebrity Big Brother, has died in a fall.BBC News - Top stories -
Should we pay cash for a $900,000 dream retirement home or take out a 6.5% mortgage?
When borrowing costs are high, cash deals can be enticing — but they can also eat up a nest egg.MarketWatch - Business -
Why auto insurance rates are skyrocketing in the U.S.
The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate.CNBC - Business -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
Legal action only option, says defective flat owner
The BBC has seen an interim report that found 'understrength concrete' was used in construction.BBC News - Top stories -
Mellman: My apologies — and a rise in Biden’s approval rating
President Biden’s approval rating actually increased by 2 points in the wake of this SOTU, better than the average increase of zero.The Hill - Politics - Joe Biden -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
Burden falls on Prince William to steer monarchy through next few months
With his father and wife diagnosed with cancer, and himself estranged from his once beloved brother, the blows have come thick and fast. For the Prince of Wales, the blows have come swiftly one after the other. First his father, King Charles, ...The Guardian - World -
‘We’re barely hanging on’: England’s cultural jewels fall into the red
New arts lobby group says plight that hits even top bodies such as Royal Shakespeare Company makes entire country poorer. The vast majority of England’s biggest subsidised cultural institutions are now operating at a loss, including many ...The Guardian - World -
Tylor Megill strikes out seven as Mets fall to Marlins
The Mets, playing a split-squad game in Jupiter, Fla., fell to the Miami Marlins, 5-1.Yahoo Sports - Sports - MLB -
Injured Andy Murray falls to agonising defeat against Machac in Miami Open
Murray loses 7-5, 5-7, 6-7 (5) to Czech in third roundScot felt ankle injury before tie-break but carried onFor three hours and 28 minutes, Andy Murray battled with everything he had, even when he almost had nothing. First he played brilliantly ...The Guardian - World -
March Madness: No. 6 Clemson survives furious Baylor rally to beat back No. 3 Bears, advance to Sweet 16
Clemson almost blew a big lead, but held on to advance to the tournament's second weekend.Yahoo Sports - Sports - College Football -
Flyers fall to their former goalie prospect as Panthers get payback
Coming off the emotional high of beating Boston, the Flyers had a letdown Sunday night with a 4-1 loss to the Panthers at the Wells Fargo Center.Yahoo Sports - Sports -
Four suspects appear in court as Russia mourns concert attack dead
At least 137 people killed and 180 injured in assault claimed by IsisFinancial Times - Business - Russia -
UK MPs to be given warnings on threat of Chinese cyber attacks
Reprisals expected just as company from China eyes investment in Midlands battery gigafactoryFinancial Times - Business - United Kingdom