Mortgage rates rise above 7% for first time since May

Pierre Debus, managing partner at Romer Debus, said the economic impact of California's wildfires will continue to be an unfortunate story. mortgage interest rate It continued to rise this week, topping 7%, adding further pressure to the stagnant housing market. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark interest […]
Cancer death rates decline yet new diagnoses spike for some groups, says report

Alcohol is linked to 7 types of cancer Dr. Nicole Safier joins “America's Newsroom” to discuss the Surgeon General's call for cancer warning labels on alcohol and the CDC's warning on surging norovirus cases in parts of the United States. The annual report on major cancers reveals a mix of good news and concerns. According […]
Bank of Korea leaves rates unchanged at 3% in a surprise move – CNBC

Bank of Korea (BOK) in Seoul, December 28, 2024. Kim Jae Hwan | Light Rocket | Getty Images South Korea's central bank on Thursday left its base policy rate unchanged at 3% in an unexpected move, opting to assess changes in domestic and international economic conditions after announcing two consecutive interest rate cuts at its […]
Gold price in India: Rates on January 14 – FXStreet

Gold prices rose in India on Tuesday, according to data compiled by FXStreet. Gold price rose to INR 7,428.31 per gram compared to INR 7,407.06 on Monday. Gold price rose to Rs 86,642.36 per tola from Rs 86,394.44 per tola the previous day. unit measurement Gold price in INR 1 gram 7,428.31 10 grams 74,283.11 […]
Gold prices edge higher amid speculation over rates, Trump tariffs – Investing.com

Investing.com — Gold prices rose slightly in Asian trade on Tuesday, stabilizing after overnight losses as traders speculated on how tough trade tariffs President-elect Donald Trump plans will be. did. Markets are also awaiting further clues on US interest rates from key inflation data released this week, with the dollar hovering near a two-year high […]
Mortgage rates climb for 4th straight week— remain at 6-month high

Average long-term mortgage rates in the U.S. rose again this week, staying at their highest level since July. According to major mortgage lender Freddie Mac, the benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week. A year ago, it was 6.66%. It rose for the fourth consecutive week. The rise in […]
Here's where mortgage rates could be headed in 2025

According to multiple industry forecasts, mortgage interest rates are expected to remain above 6% in 2025. “It's hard to see mortgage rates staying below 6% even at the end of next year,” said Mark Fleming, chief economist at First American. Predict average rate Next year's 30-year mortgage rate will be between 6% and 6.5%. Various […]
Gold price in India: Rates on January 8 – FXStreet

Gold prices fell in India on Wednesday, according to data compiled by FXStreet. Gold price fell at INR 7,303.81 per gram compared to INR 7,313.69 on Tuesday. Gold price fell to Rs 85,189.29 per tola from Rs 85,305.47 per tola the previous day. unit measurement Gold price in INR 1 gram 7,303.81 10 grams 73,037.31 […]
Trump: ‘Interest rates are far too high’

President-elect Donald Trump on Tuesday declared interest rates too high while condemning still-high inflation, sparking new tensions with the central bank chairman who resisted pressure to cut rates during his first term. “We inherited a difficult situation from the outgoing administration, and the administration is doing everything it can to make it even more difficult,” […]
Gold price in India: Rates on January 6 – FXStreet

Gold prices in India remained almost flat on Monday, according to data compiled by FXStreet. Gold price was almost stable at INR 7,276.11 per gram compared to Friday's INR 7,278.81. Gold prices were broadly stable at Rs 84,867.09 per tola from Friday's Rs 84,898.62. unit measurement Gold price in INR 1 gram 7,276.11 10 grams […]