Latest in Mortgage Rates Increase
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Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...Top stories - CBS News - November 11 -
Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.Business - MarketWatch - November 14 -
Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.Business - CNBC - November 15 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.Business - CNBC - 3 days ago -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.Top stories - NBC News - 3 days ago -
Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - 2 days ago -
Will mortgage rates and home prices go down next year? Your 2025 real-estate road map.
Will mortgage rates finally fall in 2025? And will it become more affordable to buy — or even rent?Business - MarketWatch - 2 days ago -
Why the 30-year fixed-rate mortgage isn’t going away under Trump
The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.Business - MarketWatch - 21 hours ago -
Boardmasters organisers increase security measures
Organisers of the Newquay music festival announce increases in security measures for the 2025 event.Top stories - BBC News - November 6 -
Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination
After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.Top stories - The New York Times - November 1 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Exxon beats earnings estimates, increases fourth-quarter dividend
Exxon's stock rose in early trading after beating earnings expectations.Business - CNBC - November 1 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Latino support for Trump increases from 2020
Vice President Kamala Harris is winning the Latino vote over former President Donald Trump nationwide. NBC News’ Hallie Jackson details why this matters and notes that support for Trump has grown ...Top stories - NBC News - November 6 -
Atos Launches $252 Million Capital Increase
The troubled IT firm said it would issue new shares in its latest move to reduce debt.Business - The Wall Street Journal - November 8 -
Most Americans expect Trump to increase debt: Survey
A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...Politics - The Hill - November 8 -
Most Americans Expect Trump to Increase National Debt
A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.Business - Inc. - November 8 -
Pandemic-era drinking increases persist, study shows
Alcohol is a leading cause of illness and death in the United States, and new research suggests an alarming increase in alcohol use since the pandemic is persisting. CBS News' Stephanie Stahl reports.Top stories - CBS News - November 11 -
New study shows an increase in heavy drinkers
A new study finds the United States has more heavy drinkers than it did a few years ago before the pandemic began. CBS News chief medical correspondent Dr. Jon LaPook explains why and what to know ...Top stories - CBS News - November 12 -
France increases security ahead of football match with Israel
Emmanuel Macron to attend match in show of support for Jewish people after attacks in AmsterdamWorld - Financial Times - November 13 -
Inflation ticks up slightly in October, report shows
A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.Top stories - NBC News - November 13 -
Smith's game IQ increasing all the time - Strawbridge
Fly-half Marcus Smith is getting "better and better" at having a deeper understanding of Test rugby, says England assistant coach Andrew Strawbridge.Top stories - BBC News - 3 days ago -
Farah Griffin: Gaetz withdrawal will increase Hegseth scrutiny
Alyssa Farah Griffin, a former White House official under then-President Trump, said Matt Gaetz’s withdrawal as an attorney general nominee would only lead to further criticism about Pete Hegseth’s ...Politics - The Hill - 2 days ago -
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - October 25 -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - November 2 -
Mortgage delinquencies ticked up in September for the 4th month in a row
Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.Business - MarketWatch - November 5 -
The Fed’s ‘temporary’ mortgage-backed security experiment will last decades
It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.Politics - The Hill - November 6 -
Mortgage demand stalls as financial markets digest Trump presidency
While tiny, the week's increase in total application volume marked the first rise in overall demand in seven weeks.Business - CNBC - November 13 -
Mortgage demand stalls as financial markets digest Trump presidency
Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency.Top stories - NBC News - November 13