Surge Mortgage Curbs

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

Israeli curbs on Gaza water supplies are ‘acts of genocide’, rights agency says

Human Rights Watch alleges attacks on infrastructure and repair workers contribute to thousands of deaths

Financial Times - 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

CNBC - 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

US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds

The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to ...

ABC News - 3d

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

Poland is selling its frozen butter reserves to curb soaring prices

Yahoo News - 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

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

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

Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China

Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South Pacific

ABC News - Dec. 12

Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China

Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South Pacific

ABC News - Dec. 12

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

Supreme Court Poised to Curb Scope of Environmental Reviews

Several justices indicated that a federal agency had complied with a federal law by issuing a 3,600-page report on the impact of a proposed railway in Utah.

The New York Times - Dec. 10

Supreme Court appears likely to curb environmental law after arguments

The Supreme Court appears likely to weaken one of the nation’s bedrock environmental laws, after justices heard a key case on Tuesday. During oral arguments, several of the court’s conservative ...

The Hill - Dec. 10

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 result

Financial 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

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 highs

Financial 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

Opposition party leader arrested as Georgia authorities try to curb protests over ending EU talks

Georgian police have raided the offices of an opposition party and arrested its leader in an apparent attempt to squelch a wave of mass protests over the decision to suspend negotiations on joining ...

ABC News - Dec. 4