The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Counterintuitively, mortgage rates have been rising steadily since mid-September, powered by moves in the bond market in anticipation of a second Donald Trump presidency. Yields on the long-term bonds that determine mortgage rates took another leg higher ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
How the Federal Reserve’s latest rate cut will impact Americans
The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop in borrowing costs.
Mortgage rate changes loom amid Fed rate cuts & Trump presidency
The housing crisis is a genuine concern for younger generations, and many hoped that months of cooling inflation would drive down interest rates and mortgage rates. Lower mortgage
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" but "we want to have confidence that inflation is going to go all the way back down to our 2% target.
Rising water spurs S.C. evacuations, more school closures in region
Bamberg and Orangeburg counties are under a flood warning, and evacuations have begun along the Edisto River in Colleton ...
Homeowners’ Dues Are Rising—and Harder to Avoid
Dues are rising faster than inflation for many of the roughly 76 million residents of communities that keep shared pots to ...
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Chiefs vs. Broncos: Rising DB sacks Bo Nix in first quarter
The Chiefs' pass rush has been a key part of the defending Super Bowl champions' undefeated start to the 2024 regular season, ...
Scientists may have figured out why a potent greenhouse gas is rising. The answer is scary.
Methane emissions spiked starting in 2020. Scientists say they have found the culprit. Almost two decades ago, the atmosphere ...
What's behind the increase in food recalls? Why recalls are rising and what you can do
A wave of food recalls linked to outbreaks of salmonella or E. coli may have you on alert. Recently dozens of people were ...
Rising bond yields is due to fear around the deficit, says JPMorgan's Priya Misra
Priya Misra, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss the Fed's rate cut ...
Beyoncé and rising female pop stars lead the 2025 Grammy nominations: See the full list
Artists like Beyoncé, Chappell Roan, Charli XCX, Billie Eilish, and Sabrina Carpenter are nominated in major categories at ...
India's largest bank lowers FY deposit growth forecast amid rising competition
State Bank of India, the country's largest lender by assets, lowered its deposit growth forecast on Friday amid rising ...
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Officials conduct water search effort after 2 people were swept away by rising water
HASKELL, Okla. — First responders from multiple agencies conducted a water search and rescue effort after two people were ...
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.