What a Second Trump Term Could Mean for Your Money NYT | Top Stories Ron Lieber and Tara Siegel Bernard 8 November 2024 at 18:03 Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more. © Doug Mills/The New York TimesIn Donald J. Trump’s first term as president, income tax rates fell for most people, but those tax cuts last only through the end of 2025.
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising? NYT | Top Stories Danielle Kaye 8 November 2024 at 01:05 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. © Martina Tuaty for The New York TimesThe average rate on a 30-year mortgage, the most popular home loan in the United States, rose to 6.79 percent this week, Freddie Mac reported on Thursday.
Why Bond Yields Are Rising After Trump’s Victory NYT | Top Stories Joe Rennison 8 November 2024 at 02:17 Yields on government bonds — which underpin all kinds of borrowing in the economy — are rising. But the Fed is cutting rates. What gives?
Foreclosures in China Soar, Threatening to Choke Off Bank Profits NYT | China Keith Bradsher 4 November 2024 at 18:00 When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.
Climate Change Should Make You Rethink Homeownership NYT | Opinion 29 October 2024 at 17:03 Renting is quickly becoming a better way for many people to enjoy high-risk places with much less financial baggage.
China Stocks Surge After Mortgage Curbs Are Removed NYT | China Alexandra Stevenson 30 September 2024 at 22:04 After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making it easier to buy homes.
China Cuts Interest Rates and Mortgage Down Payments NYT | China Keith Bradsher 24 September 2024 at 12:56 The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy.