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How the Federal Reserve's rate policy affects mortgages
Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.CNBC - 23h -
The Fed cut interest rates but mortgage costs jumped. Here's why
The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.CNBC - 1d -
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...CBS News - 2d -
November home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of RealtorsCNBC - 2d -
November home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors.NBC News - 2d -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 3d -
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.The New York Times - 3d -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 4d -
We're locking in a nearly 200% in a surging tech stock and taking a difficult loss in a rival
We're trimming our position in a pair of chipmakers linked to the AI trade.CNBC - 4d -
Tesla’s stock surge means even the biggest bulls are showing some restraint
A Mizuho analyst upgraded Tesla shares, outlining a rosy bull-case scenario but projecting more limited upside with his base-case price target.MarketWatch - 4d -
Drone stocks are surging on Wall Street, led by Red Cat Holdings
Drone stocks rallied Monday after a flurry of sightings across the Northeast in recent days renewed attention toward the sector.CNBC - 5d -
Home equity loan vs. mortgage refinance: Which will be better in 2025?
Both have unique features for homeowners now. Here's how to determine which is better for you going into 2025.CBS News - 5d -
Even after Amazon’s 50% stock surge this year, these factors could spur more gains
A TD Cowen analyst thinks Amazon can further penetrate lower-priced household goods and see accelerating revenue from its AWS cloud business next year.MarketWatch - Dec. 14 -
Home equity loan vs. reverse mortgage: Which will be better for 2025?
Both options offer homeowners unique access to home equity. Here's how to determine which will be better in 2025.CBS News - Dec. 13 -
Broadcom Revenue Surges on Semiconductor Business Momentum
For its fiscal first quarter, Broadcom expects revenue of $14.6 billion, up from a reported topline performance of $11.96 billion for the year-ago period.The Wall Street Journal - Dec. 12 -
SpaceX valuation surges to $350 billion as company buys back stock
The valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.CNBC - Dec. 11 -
Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings.NBC News - Dec. 11 -
The Largest Immigration Surge in U.S. History
We explain the scale of recent immigration to America.The New York Times - Dec. 11 -
Surging Bucks set eyes on Cup in return to Vegas
Giannis Antetokounmpo says the Bucks, who lost in the in-season tournament semifinals last season, have "unfinished business" as they head to Las Vegas.ESPN - Dec. 11 -
Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.CNBC - Dec. 11 -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - Dec. 11 -
Small-Business Optimism Surges Post-Election
Following Donald Trump’s win, small-business optimism rose to a level not seen in nearly three years.Inc. - Dec. 10 -
Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks
Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken.The New York Times - Dec. 9 -
Here's what could happen with mortgage rates this December, according to experts
Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.CBS News - Dec. 9 -
Will mortgage rates fall below 6% in 2025? Here’s what experts say.
The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.MarketWatch - Dec. 7 -
Fannie Mae CEO reveals what’s really behind rising mortgage rates
Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.MarketWatch - Dec. 7 -
Romania tries to suppress a far-right surge
Călin Georgescu appeared set to win the presidential election until the nation’s high court annulled the first-round resultFinancial Times - Dec. 7 -
Evening Report — Dems' youth surge
Presented by Southern Company — Plus: Johnson woos adversaries. {beacon} Evening Report © AP Photo/Alex Brandon Younger Democrats vie for influence in House A YOUTH MOVEMENT is underway among ...The Hill - Dec. 6 -
Palantir’s fiery stock surge has been polarizing. Here’s what the CEO thinks.
Palantir shares are up 1,100% off their lows, with skeptics voicing concern about the valuation.MarketWatch - Dec. 6 -
Amazon has caught up in the AI race, analysts say, and its stock surges to another record
Amazon’s stock was heading for a third straight record close Friday, as the company’s AWS re:Invent conference gave analysts reason to believe it has caught up with its AI rivals.MarketWatch - Dec. 6 -
Rocket Mortgage Sues U.S., Challenges DOJ Discrimination Suit
Rocket Mortgage sued the federal government as part of a challenge to the Justice Department’s recent discrimination lawsuit tying Rocket to the conduct of an appraiser it used.The Wall Street Journal - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Cocoa market on the brink of big price surge
A multiyear structural deficit will push up costs to inflation-adjusted highsFinancial Times - Dec. 5 -
Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.The New York Times - Dec. 5 -
Bitcoin surges past $100k for first time
Its record price is making headlines - but that's just one part of the cryptocurrency's tumultuous story.BBC News - Dec. 5 -
Salesforce surges on revenue beat, AI growth prospects – here's our new price target for the stock
Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.CNBC - Dec. 4 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Sabres Should Swing Trade For Surging Blackhawks Forward
With the Sabres needing more offense, they should consider making a push for this Blackhawks forward.Yahoo Sports - Dec. 3 -
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.The Wall Street Journal - Dec. 3 -
Tesla’s stock surges after self-driving software update, new Street-high target
Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.MarketWatch - Dec. 2