Rates Rise Highest - QuikReader

Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - November 6

U.S. House leaning Republican, CBS News rates

President-elect Donald Trump will return to the White House on Jan. 20, 2025, and he may be leading a government entirely controlled by his party. Republicans flipped the Senate through a handful ...

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - November 7

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - November 7

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - November 7

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - November 7

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - November 12

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - November 13

New York to implement congestion pricing at lower rate

New York Gov. Kathy Hochul (D) will revive plans for the nation’s first traffic congestion pricing plan in New York City at a reduced rate after delaying the controversial plan earlier this year. ...

Politics - The Hill - November 14

Powell says Fed in no ‘hurry’ to lower interest rates further

Central bank chair warns path to a reduction in inflation will be ‘bumpy’

Business - Financial Times - November 14

Investors are bracing for higher-for-even-longer interest rates

Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...

Business - MarketWatch - November 16

Apple upgrades Ireland’s credit rating outlook

Good craic

World - Financial Times - November 15

Fitch Downgrades Spirit Airlines’ Credit Rating

Spirit Airlines is working on alternatives to improve its liquidity.

Business - Inc. - November 16

Trump's approval rating at 54 percent as president-elect

A slight majority of registered voters approve of the job President-elect Trump is doing leading up to his second White House administration, according to a new poll. A Harvard CAPS/Harris poll ...

Politics - The Hill - 4 days ago

Lung cancer survival rate improves: Research

The survival rate among those with lung cancer has improved by more than a quarter in the last five years, according to a new report. The findings from the American Lung Association's latest "State ...

Politics - The Hill - 4 days ago

The valuation warning for Costco and other higher-rated stocks

When companies approach extreme price levels, gravity looms

World - Financial Times - 4 days ago

Mortgage rates are near 7%, but buyers are making a comeback

Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - 4 days ago

Volunteering rate sees record growth: Survey

The volunteering rate among Americans rose 22 percent from 2021 to 2023, representing a record expansion of formal volunteering over a two-year period, according to a new study. The study from ...

Politics - The Hill - 3 days ago

Average mortgage rate increases heading into winter holidays

The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.

What will mortgage interest rates be in 2025? Experts weigh in

Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.

UK ministers accused of £2.7bn ‘backdoor hike’ in business rates

Chancellor will taper relief for thousands of shops, pubs and restaurants over next two years

Business - Financial Times - Yesterday

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 - November 1

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.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.