Strict Mortgage Rules

5th Circuit rules DACA is unlawful, but limits its ruling to Texas

A federal appeals court Friday upheld a lower court ruling that found protections for so-called Dreamers to be unlawful, suspending the program in Texas while otherwise limiting its ruling in the ...

The Hill - 2h

Strict mortgage rules could be eased to allow more people to borrow for a home

The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.

BBC News - 12h

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

The New York Times - 1d

Mortgage rates rise past a key mark, signaling bad news for home buyers

The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.

MarketWatch - 1d

4 reasons to get preapproved for a mortgage loan this January

If you're entering the home market soon, experts say this is a good time to get pre-approved for a mortgage.

CBS News - 1d

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - 1d

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 - 4d

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 - 4d

Rich Men Rule the World

The holders of the vast majority of the world’s wealth? Men. So many men—from Trump and Musk and Putin to every CEO, crypto schmo, and solar bro in between.

Wired - 4d

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 - 6d

Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.

The multimillion-dollar homes burning in the L.A. wildfires may not qualify for mortgage relief.

MarketWatch - 6d

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

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

Meta Rolls Back Hate Speech Rules

Advocates say Meta’s decision to loosen content moderation could lead to serious harms.

Inc. - 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

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

Bank of England to relax rules for banks and insurers

PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation

Financial Times - Jan. 8

Jokic ruled out for Celtics-Nuggets with illness

Nuggets superstar Nikola Jokic was ruled out of Tuesday night's game against the Celtics because of an illness.

ESPN - Jan. 7

Bears GM not ruling out trying to trade for coach

When asked Tuesday during his season-ending news conference whether he would consider trading for a head coach, Bears GM Ryan Poles said all options are on the table.

ESPN - Jan. 7

Are the new personal data rules workable?

Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantra

Financial Times - 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

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.

CBS News - Jan. 6

Faith and fashion: Iranian women revamp hijab rules

Defiance of headscarves accompanied by growing demand for stylish options among those following Islamic republic’s dress code

Financial Times - Jan. 5

6 Rules for Startup Fundraising

Lessons learned from my startup’s most recent fundraising round.

Inc. - Jan. 4

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - Jan. 4

Latest in Strict Mortgage Rules