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Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

EU races to prepare for a Trump win

Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-elected

Business - Financial Times - October 25

Birth rate drops to record low in England and Wales

Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analysts

Business - Financial Times - October 28

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

Fertility rate in England and Wales drops to lowest on record

Just over 591,000 babies were born in the UK last year - the lowest number in four decades

GDP Report Shows US Economy Grew at 2.8% Rate

In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.

Business - The New York Times - 6 days ago

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - 6 days ago

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

The World Series Was Big in Japan. The TV Ratings Prove It.

Shohei Ohtani, the Dodgers’ superstar, drove massive interest for the World Series in Japan, where more than 15 million people watched each of the first two games.

World - The New York Times - 5 days ago

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

The Budget should not be a big deal for interest rates

Bank of England has already had plenty of time to react to the chancellor’s thinking

Business - Financial Times - 5 days ago

Rating Some Of The Best Halloween Costumes Across The NHL

From the Joseph Brothers paying homage to "White Chicks" to Spencer Carbery becoming Beetlejuice, NHL players and coaches are having fun with their Halloween outfits.

Sports - Yahoo Sports - 6 days ago

'Lamarvelous' leads Ravens rout with perfect rating

Despite practicing just once this past week, Lamar Jackson was as sharp as he has ever been, recording a perfect 158.3 passer rating in Sunday's 41-10 rout of the Denver Broncos.

Sports - ESPN - 2 days ago

Which gold investment is best when rates are cut?

Some gold assets are better than others when interest rates are dropping, experts say.

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - 4 days ago

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

What will happen to home equity loan rates after this week's Fed rate cut?

Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Here's what a $150,000 HELOC costs monthly now that rates have dropped

A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

How a rare type of mortgage is landing homebuyers a 3% rate

U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.

Business - CNBC - October 15

How back-to-back hurricanes could impact insurance rates across the U.S.

As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

U.S. unemployment rate to stay low in 2025, top forecaster says

U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.

Business - MarketWatch - October 15

Has Boeing done enough to avoid the credit rating junk yard?

Plane maker is burning through an estimated $1bn a month during a strike by its largest labour union

Business - Financial Times - October 15

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