Heres How Far Mortgage Rates Could Fall after the September Fed Meeting
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Should you open a long-term CD before the January Fed meeting?
A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?CBS News - 1d -
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 - 1d -
L.A.’s Private Firefighters, and U.S. Childhood Vaccination Rates Fall
Plus, remembering a civil rights Freedom Rider.The New York Times - 1d -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - 3d -
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 - 3d -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - 4d -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - 4d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 4d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 4d -
Power Rankings: How far does Tennessee fall after historic loss?
How do Florida's and Tennessee's fortunes change after the Gators' dominant showing?ESPN - 5d -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - 5d -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 5d -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 5d -
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 - 5d -
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 JulyABC News - 5d -
Venezuela's Maduro could be the next dictator to fall
Assad’s defeat points to Maduro’s growing weakness and isolation.The Hill - 5d -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - 5d -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 6d -
Here's How Many Units The Switch 2 Could Sell In 2025 In The US
The Switch 2 , or whatever Nintendo calls its next console, is expected to be announced soon and released later this year. But how many units will the system sell? According to Circana analyst ...GameSpot - 6d -
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 - 6d -
Are you falling for wellness misinformation online? Here’s how to tell
Social media is rife with alarming advice and warnings – experts share red flags to avoid. Wellness advice abounds on social media: warnings about “toxic foods”, assertions that parasites are ...The Guardian - 6d -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - 6d -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 6d -
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 - 6d -
Venezuela’s military could desert Maduro after Syrian ally’s fall, opposition leader says
María Corina Machado argues military chiefs fear meeting same fate as Assad’s generalsFinancial Times - 6d -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - Jan. 6 -
Austria Could Get a Far-Right Chancellor. Here’s What to Know.
The leader of the anti-immigration, pro-Russia Freedom Party has been given the chance to try to form a government after months of coalition talks among mainstream parties collapsed.The New York Times - Jan. 6 -
A far-right leader could soon take the helm in EU member country Austria. Here's why it matters
Austria could soon have its first government led by the far right since World War IIABC News - 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 -
Austrian far-right leader meets president, likely to be asked to form government
Austrian Freedom Party leader Herbert Kickl is meeting the country’s president as expectations mount that he will be tasked with trying to form a new government, which would be the first led by the ...ABC News - Jan. 6 -
How Austria’s embrace of the far right could fracture the EU centre
Also in this newsletter: The next EU leaders’ meeting searches for a venueFinancial Times - Jan. 6 -
Austria’s president to meet far-right leader amid coalition speculation
‘New path’ to power may be opening for FPÖ after collapse of talks between country’s centrist parties. Austria’s president has said he will meet the leader of the country’s far-right Freedom party ...The Guardian - Jan. 5 -
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 -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Here’s How Mike Johnson’s Speakership Bid Could Come Undone
The House must choose a speaker before it can swear in new members and certify Donald J. Trump as the winner of the 2024 presidential election. Last time, it took four days and 15 votes.The New York Times - Jan. 2