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Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.
Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.MarketWatch - Feb. 21 -
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Home buyers are still struggling with affordability, the National Association of Realtors said.MarketWatch - Feb. 21 -
Stock investors stopped freaking out over interest rates. Now this threat is re-emerging.
Investors appear to be doing a lot less hand-wringing over higher interest rates lately, but plenty of market risks are still coming up on the horizon.MarketWatch - Feb. 23 -
ECB faces risk of ‘sleepwalking’ into too many rate cuts, says top official
Rate-setters need to stand ready to pause further monetary easing, Belgian central bank governor saysFinancial Times - Feb. 24 -
Column: With 2025 SAG Awards, Netflix proved it isn't solving awards season ratings crisis
The awards show with the largest percentage of famous faces failed to grow its audience in 2024 when it made its Netflix debut. It's tough to imagine it will do so this year.Los Angeles Times - Feb. 24 -
Balatro and others re-rated by PEGI after successful appeal, prompting a rule revision
The popular deckbuilding game has won its most important hand yet with a victory over the European ratings board, which objected to its content.VentureBeat - Feb. 24 -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Baby bump in South Korea as fertility rate rises for first time in 9 years
Surge in marriages after pandemic spurs hopes country’s demographics may have turned a cornerFinancial Times - Feb. 26 -
Birth rate in South Korea, the world's lowest, rises for first time in 9 years
South Korea’s fertility rate rose in 2024 for the first time in nine years, preliminary data showed Wednesday, in a sign that the country’s demographic crisis might have turned a corner.NBC News - Feb. 26 -
Mortgage rates drop to lowest since mid-December, but demand still falls short
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.CNBC - Feb. 26 -
ElevenLabs’ new speech-to-text model Scribe is here with highest accuracy rate so far (96.7% for English)
ElevenLab's Scribe pricing makes it competitive for businesses that require high-volume transcription services with API-based integration.VentureBeat - Feb. 26 -
Japan's birth rate fell for a ninth consecutive year in 2024 to hit a record low
The number of babies born in Japan last year fell for a ninth consecutive year to hit a record low, according to health ministry dataABC News - Feb. 27 -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - Feb. 27 -
HELOC rates hit a two-year low: 3 reasons to open one now
HELOC rates dropped lower this week, easing costs for borrowers. That's not the only reason to open one, though.CBS News - Feb. 27 -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 6d -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 5d -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 5d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
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LA Times to give op-eds AI-generated political rating, list of alternate views
The Los Angeles Times has launched an AI-driven "bias meter" to provide readers with alternative perspectives on opinion content.The Hill - 3d -
Darius Slay released: Examining Eagles' CB plans going forward, including bringing him back at reduced rate
As it stands now, Cooper DeJean is in line for a full-time roleCBS Sports - 3d -
Oscars 2025's ratings get boost from people watching on their phones and computers
About 19.7 million people watched the 97th Academy Awards, a five-year high, according to Disney.NBC News - 2d -
Fed’s Williams signals he’s content to hold interest rates steady at March meeting
U.S. interest-rate policy is in a good place and there is no need “to change it right away,” New York Fed President John Williams said on Tuesday.MarketWatch - 2d -
European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.CNBC - 1d -
Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year
Mortgage demand rallied last week after interest rates dropped to the lowest level since December 2024.CNBC - 1d -
Weekly mortgage demand increases 20% after interest rates drop to lowest since last year
A sharp drop in mortgage interest rates finally lit a fire under loan demand.NBC News - 1d -
Why It Matters That AI Writing Help Rates Are on the Rise in Less Well-Educated Parts of the U.S.
Data on how people actually use new AI tools could help inform how you train your staff to use the new technology.Inc. - 1d -
Trump said childhood cancer rates have risen 40% since 1975. Here's what data shows
During an address to Congress on Tuesday night, Trump said childhood cancer rates have increase by 40%. Data shows there may be some context missing.ABC News - 23h -
Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off
The 30-year bond also crossed the 2.5% mark for the first time since 2008.CNBC - 18h -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023Financial Times - 8h -
European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The ECB cut interest rates by 25 basis points and struck a more hawkish tone in its communication.CNBC - 6h -
ECB cuts rates again and warns trade war fears are hurting Europe’s economy
Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to US. Business live – latest updates The European Central Bank has cut interest rates ...The Guardian - 5h -
ECB delivers another rate cut, but economists see little room for more easing
The European Central Bank cut interest rates by a quarter-point Thursday, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge ...MarketWatch - 5h -
Mortgage rates are falling. Here’s how much a typical homeowner can save if they refinance.
How much can the average homeowner saving by refinancing? It depends on where they are starting from.MarketWatch - 4h