Mortgage Rates Stuck

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Draymond Green on whether Warriors would mortgage future to win now: 'Bad teams do that'

Golden State's veteran forward is in lockstep with the way the franchise has handled personnel decisions.

Yahoo Sports - Jan. 13

Will mortgage rates fall below 6% in 2025? What experts say

Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.

CBS News - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

Germany says Russian 'shadow' ship stuck in Baltic Sea

Germany's foreign minister accused Moscow of "deploying a fleet of rusty tankers" to avoid sanctions.

BBC News - Jan. 11

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

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 - Jan. 11

Mortgage rates are not rising yet but Reeves has to act

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

BBC News - Jan. 10

Legal fight over €2.5bn worth of aircraft stuck in Russia plays out in Dublin

World’s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasion. Sitting in a nondescript building near the high court in Dublin, about 40 ...

The Guardian - Jan. 10

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 - Jan. 10

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 - Jan. 10

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 - Jan. 9

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 - Jan. 9

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 - Jan. 9

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

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 - Jan. 8

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 - Jan. 8

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 - Jan. 8

The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

The president-elect wants lower interest rates but Jerome Powell sees them staying high.

Inc. - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

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

CNBC - Jan. 8

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 - Jan. 8

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 - Jan. 7

WATCH: Passenger records himself stuck in Waymo car driving in circles

Mike Johns ordered a Waymo, the self-driving rideshare service from Google, but found himself in a malfunctioning car driving in a never-ending loop around the parking lot he was in.

ABC News - Jan. 7

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 - Jan. 7

India rescuers race to save men stuck in flooded 'rat-hole' mine

Nine men were trapped on Monday morning after water flooded the narrow hole manually dug to extract coal.

BBC News - Jan. 7

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 - Jan. 6

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 - Jan. 6

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.