Mortgage Rates Continue Inching Higher, Extending to a 5-Day Climb A week after notching their lowest level since October, 30-year mortgage rates have moved markedly the other way, rising for five days. Movement was mixed for other loan types. 12/17/2024 - 3:00 am | View Link
Here's when homeowners should give up their low mortgage rate to buy a new home, according to experts Today's real estate market has many homeowners feeling stuck. With 30-year mortgage rates currently averaging about 7%, homeowners who secured rates closer to 3% during the pandemic are hesitant to ... 12/17/2024 - 1:55 am | View Link
Will the Fed's Interest Rate Cut Help Lower Mortgage Rates? The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest rate that banks charge one another for short-term loans. The Fed's ... 12/17/2024 - 12:30 am | View Link
Mortgage Calculator: This Is How Much You Need To Buy a $416,880 Home With a 6.6% Rate Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. The typical monthly payment on a median-priced $416,880 home at today’s 6.6% mortgage ... 12/16/2024 - 4:15 am | View Link
Mortgage Rate Predictions: Will Another Fed Rate Cut Make a Difference? When inflation was at its peak in 2022, the Fed raised interest rates to lower demand and limit price growth, and mortgage rates surged in response. The Fed pivoted to cutting int ... 12/16/2024 - 2:16 am | View Link
Rates decline | Current mortgage rates, December 16, 2024 Today's average 30-year fixed-mortgage rate is 6.73, the average rate for the benchmark 15-year fixed mortgage is 6.04 percent, and the average rate on a 5/1 ARM is 6.27 percent. 12/16/2024 - 5:29 pm | View Website
30 Year Mortgage Rate (I:US30YMR) 30 Year Mortgage Rate is at 6.60%, compared to 6.69% last week and 7.03% last year. This is lower than the long term average of 7.72%. The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. 12/15/2024 - 7:08 am | View Website
30-Year Fixed Rate Mortgage Average in the United States View data of the average interest rate, calculated weekly, of fixed-rate mortgages with a 30-year repayment term. 12/15/2024 - 3:11 am | View Website
Compare 30-Year Mortgage Rates Today 30-year mortgage rates edge farther below 7%. The average rate on a 30-year fixed mortgage retreated to 6.78 percent this week, according to Bankrate’s latest lender survey. 12/14/2024 - 9:21 pm | View Website
Today's 30-Year Mortgage Rates What are today's mortgage rates? The current average 30-year fixed mortgage rate climbed 1 basis point from 6.20% to 6.21% on Monday, Zillow announced. The 30-year fixed mortgage rate on December 9, 2024 is down 6 basis points from the previous week's average rate of 6.27%. 12/14/2024 - 8:02 pm | View Website
New York’s Fashion Workers Act would create basic labor protections for models—including around digital replicas and AI-generated content.
If you follow fashion, you’re undoubtedly familiar with New York Fashion Week. It’s more than a series of runway shows; it’s a cornerstone of the global fashion industry—a vibrant celebration of creativity that brings together the most talented designers and artists in the world.
Grok-2 has now made fun of Elon Musk, found an enemy in Mark Cuban, and sparked alt-right backlash.
Late Friday night, Elon Musk’s xAI opened up Grok-2 access to the masses. The model isn’t all that different from the original Grok, though the company claims it runs faster and has improved accuracy.
Nearly a third of young people now use ChatGPT to complete tasks at work.
“Me and ChatGPT,” reads one TikTok post with 13.4 million views. The video shows a girl joyfully running through a field, handing flowers to a blurred-out partner. Set to Arctic Monkeys’s “No. 1 Party Anthem,” it seems to be a modern-day love story.
People picketing outside a Starbucks store in New York's East Village in 2023 during the last Starbucks Workers United strike. Spencer Platt/Getty ImagesStarbucks' biggest workers union on Tuesday went forward to authorize a nationwide strike. It said that the coffee chain had not settled hundreds of unfair labor practice cases.
Databricks' valuation jumped 44% from 2023. Smith Collection/Gado/Getty ImagesDatabricks is raising $10 billion, boosting its valuation to $62 billion. The funding round is led by Thrive Capital and includes major investors like Andreessen Horowitz. Databricks plans to invest in AI products, acquisitions, and international expansion. Databricks is raising $10 billion in its latest funding round, bringing its valuation to $62 billion, the AI startup said on Tuesday.
Travis Kalanick's food empire has a new head for its restaurant tech business. Theo Wargo/WireImageGuido Gabrielli is leaving restaurant tech company Otter after five years, per a company email viewed by BI. Otter's new head is Ashvin Kumar, who most recently worked at fintech Affirm. Otter is a nearly $70 million a year business, Travis Kalanick wrote in an email to staff.