Homebuyers and owners looking to refinance need to understand where mortgage interest rates stand now before taking any action. DAVID PAPAZIAN/dpproductions/Getty Images The Federal Reserve this week did what many expected but what borrowers were hoping it wouldn’t – it kept its federal funds rate on pause. At a range between 3.50% and 3.75%, rates … Read more
Temperatures in a small Southern California desert community soared to 108 degrees on Wednesday, tying the highest March temperature ever recorded in the U.S. The blistering conditions came as the Southwest experiences a record-shattering winter heat wave, which is forecast to stick around through the first half of next week. Heat alerts remain in effect … Read more
In today’s newsletter: Director of National Intelligence Tulsi Gabbard deflects senators’ questions about the threat posed by Iran. A conservative activist group and teachers unions become unlikely allies fighting big tech in schools. And street soccer is gaining popularity in Mexico, fueled by excitement surrounding this summer’s World Cup. Here’s what to know today. Gabbard … Read more
A tiny desert community in Southern California has tied the highest March temperature ever recorded in the U.S. The 108 degree day in North Shore, California, came amid a record-breaking winter heat wave in the Southwest that will stretch into the week… NORTH SHORE, Calif. — A tiny desert community in Southern California reached 108 … Read more
Mortgage interest rates could now be low enough to support purchase or refinancing activity from borrowers. Getty Images/iStockphoto With the first Federal Reserve meeting since January set to conclude today, homebuyers and owners hoping to refinance will need to contend with both good and bad news. The bad news is that interest rates will remain … Read more
SAN FRANCISCO — San Franciscans bared an unusual amount of skin for this time of year Tuesday, as a city better known for its chilly summers, drizzle and fog experienced its hottest March in at least two decades, part of a rare winter heat wave baking the U.S. West. While the Bay Area flirts with … Read more
Homebuyers and owners hoping to refinance may want to seriously consider locking in a mortgage rate now. Dmitry Galanternik/IP Galanternik D.U./Getty Images For the first time since January 28, the Federal Reserve will meet today to discuss the future of interest rates, among other items. And homebuyers and homeowners hoping to refinance will be two … Read more
The bracket for the NCAA men’s college basketball tournament is set, and we are just days away from the start of March Madness. Rocco Miller, college basketball analyst and bracketologist, joins to discuss. Source link
The NCAA Division I men’s and women’s basketball tournaments are set to begin Tuesday. Justin Williams, a senior writer for The Athletic, joins CBS News to break down this year’s March Madness brackets ahead of the first round games. Source link
Mortgage interest rates have risen in recent weeks, but can still be affordable for some buyers now. bauhaus1000/Getty Images For the first time since January, the Federal Reserve will meet this week to discuss, among other items, the future of interest rate policy. After reducing its benchmark interest rate three times in the final four … Read more