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Today: January 21, 2025
Today: January 21, 2025
ALEX VEIGA

ALEX VEIGA

Staff Writer

Latest From ALEX VEIGA

Economy|Finance|US

US home sales fell in August despite easing mortgage rates, more homes on the market

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

US home sales fell in August despite easing mortgage rates, more homes on the market
Business|Economy|Finance|News

For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home

The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come

For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home
Business|News|US

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees

The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees
Business|Economy|Finance|News|US

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
Business|Economy|Finance|US

Home listings climb in nation's priciest markets as locked-up inventory starts to shift

The recent pullback in mortgage rates and expectations of further easing next year may be motivating more U.S. homeowners to list their home for sale

Home listings climb in nation's priciest markets as locked-up inventory starts to shift
Business|Technology

Marriott agrees to pay $52 million, beef up data security to resolve probes over data breaches

Marriott International has agreed to pay $52 million and make changes to bolster its data security

Marriott agrees to pay $52 million, beef up data security to resolve probes over data breaches
Business|Technology

Elon Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025

Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before they are available

Elon Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025
Economy|Finance|US

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
Economy|Election|US

Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis

Millions of Americans can’t afford to buy a home or rent a suitable apartment, making housing a central issue for voters in the upcoming presidential election

Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis
Business|Economy|Finance|US

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years

Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years
Asia|Election|Finance|Stock Markets

Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak

Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak

Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak
Economy|Finance|US

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Average rate on a 30-year mortgage in the US rises for fifth straight week
Asia|Finance|Stock Markets|US

Stock market today: Wall Street rallies on Election Day as economy remains solid

U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid

Stock market today: Wall Street rallies on Election Day as economy remains solid
Economy|Finance|Stock Markets|US

Average rate on a 30-year mortgage in the US rises for 6th straight week

The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July

Average rate on a 30-year mortgage in the US rises for 6th straight week
Business|Election|Finance|US

Trump's economic agenda for his second term is clouding the outlook for mortgage rates

Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House

Trump's economic agenda for his second term is clouding the outlook for mortgage rates
Economy|Finance|US

The average rate on a 30-year mortgage in the US slips to 6.78%

The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb

The average rate on a 30-year mortgage in the US slips to 6.78%
Business|Economy|US

US home sales rose in October, notching their first annual gain in more than 3 years

Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market

US home sales rose in October, notching their first annual gain in more than 3 years
Economy|Finance|US

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

Average rate on a 30-year mortgage in the US rises to highest level since July
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street gains ground as it notches a winning week and another Dow record

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average

Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Business|Economy|Finance|US

Federal agency raises the size of most single-family loans the government can guarantee to $806,500

The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices

Federal agency raises the size of most single-family loans the government can guarantee to $806,500
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Losses for Big Tech pull US indexes lower

Losses for big technology stocks pulled major indexes lower on Wall Street

Stock market today: Losses for Big Tech pull US indexes lower
Economy|Finance|US

Average rate on a 30-year mortgage in the US slips to 6.81%

The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly rising in recent weeks

Average rate on a 30-year mortgage in the US slips to 6.81%
Business|Economy|Finance|Political|Stock Markets|US

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
Business|Economy|Finance|US

Average rate on a 30-year mortgage in the US falls to 6.69%

The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October

Average rate on a 30-year mortgage in the US falls to 6.69%
Economy|Finance|US

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

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