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AdvertisementTrump's new Department of Government Efficiency aims to reduce the number of federal workers. Business Insider looked at the highest average salaries of federal civilian employees by occupation. The top 20 had average salaries over $160,000, with medical officers ranking No. Three of the five jobs with the highest average salaries were health-related. Financial analysis workers rounded out the top 20 highest-paying jobs on average; their largest employer, with about 300 analysts, was the Federal Deposit Insurance Corporation.
Persons: Donald Trump's, Elon Musk, Vivek Ramaswamy, Ramaswamy, Trump, Karoline Leavitt, Vance Organizations: of, Efficiency, Business, Trump's Department, Government, Tesla, GOP, Street Journal, Management, Department of Veterans Affairs, Federal Deposit Insurance Corporation, Department of Education, Department of Energy, Trump, mhoff
Trump’s pick for defense secretary, Pete Hegseth, was accused of sexual assault. Trump himself has faced various sexual misconduct allegations, which he has denied, though he was found liable last year for sexual abuse in a civil trial over an alleged incident in the 1990s that he also denies. Now, after having won the presidency again, he’s spending early political capital to confirm appointees who have faced sexual misconduct allegations of their own. The allegations against Trump’s picksGaetz’s years of controversies have been thrust back into the spotlight now that he’s up for a Cabinet post. “It’s a very scary time for young men in America when you can be guilty of something that you may not be guilty of,” Trump told reporters.
Persons: Donald Trump’s, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Gaetz, Hegseth, Kennedy, , Trump, , Marc Short, Mike Pence’s, we’ve, Trump’s, hasn’t, Tim Parlatore, Bill Clinton’s, George H.W, Barack Obama’s, haven’t, Andy Puzder, Puzder, Patrick Shanahan, Shanahan, Ronny Jackson, Jackson, Brett Kavanaugh, Kavanaugh, ” Trump, reconsidering, JD Vance, Karoline Leavitt, Vance, MAGA, ” Leavitt Organizations: NBC News, NBC, , Justice Department, Trump, Committee, Washington Post, Republican, You’re, Politico, Pentagon, White House, Department of Veterans Affairs, Supreme, Capitol, White Locations: groping, Florida, America, Hegseth, Washington
AdvertisementTrump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission. Their aim is to cut government spending, and one idea they've floated is to ax federal agencies. Almost half a million people were employed in the Department of Veterans Affairs, while the Department of Education had just over 4,000. Most departments had six-figure average salaries, with the Department of Education and the Department of Energy having the highest averages. AdvertisementWhile DOGE can advise Trump on agencies to cut, the president-elect cannot act on it alone — making major changes to federal agencies would require congressional approval.
Persons: Elon Musk, Vivek Ramaswamy, they've, Elon, Ramaswamy, Karoline Leavitt, Vance, Trump, Musk, Ronald Reagan Organizations: Trump, GOP, Government, Fox News, Management, Department of Veterans Affairs, of Education, Treasury Department, Internal Revenue Service, Department of Education, Department of Energy, Washington DC, Grace Commission, Social Security, Medicare, Social, asheffey Locations: Elon Musk's, Washington, Grace
In today’s edition, national political reporter Ben Kamisar examines how House Republicans are growing increasingly aligned with Donald Trump. Plus, "Meet the Press" moderator Kristen Welker looks back at how Trump's Cabinet announcements from right yers ago compare to now. The House GOP is more aligned with Trump than everBy Ben KamisarPresident-elect Donald Trump and the GOP believe Americans delivered them a mandate last week when they handed the party unified control of Washington. Newly elected Senate GOP leader John Thune certainly isn’t a Trump antagonist, but he’s a descendent of the institutional Republican Party. It’s a dynamic worth keeping tabs on, especially as Senate Republicans begin the process of vetting Trump’s Cabinet picks.
Persons: Ben Kamisar, Donald Trump, Kristen Welker, Trump, ” Rep, Troy Nehls, Kyle Stewart, , John Thune, Trump’s, Sen, John Barrasso, Donald Trump’s, , — Trump, Marco Rubio, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Doug Burgum, Tulsi Gabbard, James Mattis, John Kelly, Jeff Sessions, , Steve Bannon, Gaetz, Mike Johnson, Elon Musk, Vivek Ramaswamy, Todd Blanche, Doug Collins, 🗞️, Jo Organizations: NBC, White House, Capitol, Republicans, GOP, Trump, NBC News, , Senate, Republican Party, Press, State Department, Justice Department, Defense Department, Department of Health, Human Services, Interior Department, Pentagon, Department of Homeland Security, RFK Jr, Department, Former Trump, Republican, Health, Elon, Department of Veterans Affairs, Sena Locations: Washington, Texas, Pennsylvania, Gaetz, California, Iraq
CNN —President-elect Donald Trump’s transition team was in the middle of announcing new Cabinet picks this week when they were informed of a sexual assault allegation about one of his previous selections, Pete Hegseth, stunning several members of Trump’s team who have since raised questions about the viability of his nomination, according to two people close to the situation. Within 48 hours, the heads of Trump’s transition team were brought a complaint about a sexual assault allegation regarding Hegseth. The campaign was brought information that aligns with what Monterey, California, police described as an investigation into “an alleged sexual assault” involving Hegseth on October 8, 2017. Wiles asked Hegseth if there were any other issues the team should be aware of moving forward. One source insisted that despite the surprise, the president-elect and the transition team were moving forward with the nomination at this time.
Persons: Donald Trump’s, Pete Hegseth, Trump’s, Trump, , Hegseth, Susie Wiles, Wiles, Hegseth wasn’t Organizations: CNN, Fox News, California Federation of Republican Women, Facebook, Trump, Department of Veterans Affairs Locations: Monterey , California, Hegseth, Monterey County
CNN —When Elisa Smithers was deployed to Iraq in 2005, there was a ban on women serving in ground combat operations. But she returned home to find she wasn’t offered the same support by the US Department of Veterans Affairs that male combat veterans were offered, Smithers said. Women account for roughly 17.5% of the Defense Department’s active-duty force, according to 2022 data from the agency. Hegseth has specifically criticized having women in roles where strength “is the differentiator,” he said on the podcast last week. She also worries any course reversal on women serving in combat will have a sweeping impact on women serving in other government jobs.
Persons: Elisa Smithers, Smithers, wasn’t, Donald Trump, Pete Hegseth, , he’s, , Hegseth, , hasn’t, ” Hegseth, Shawn Ryan, ” Smithers, we’ll, Elizabeth Beggs, Let’s, ” Beggs, Beggs, who’ve, Lory Manning, “ I’m, , ” Manning, it’s, Manning, we’ve, Brandy Cottrill, Cox, “ It’s, ‘ That’s, Sen, Tammy Duckworth, Anna Moneymaker, Illinois Sen, Duckworth, MAGA, Wendy Coop, Wendy Coop Wendy Coop, ” Coop, Coop, don’t, that’s, she’s Organizations: CNN, National Guard, US Department of Veterans Affairs, Fox News, Army, Defense, Warriors, US Army, Army National Guard, Department of Veterans Affairs, Navy, Army Rangers, Army Special Forces, Marine, “ Seals, Rangers, Green Berets, Service, Action, American Civil Liberties Union, , National Center for Veterans Analysis, Combat, Veterans Families, US Coast Guard, US Army Special Operations Command, US National Guard, Capitol, US Navy, US Naval Academy Locations: Iraq, Afghanistan, Kuwait, Washington , DC, Illinois, St, Augustine , Florida
Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency. The mortgage market basically took a breather. “Mortgage rates continued to increase last week, driven by higher Treasury yields as financial markets digested the likely impacts of a Trump presidency,” said Joel Kan, the Mortgage Bankers Association’s deputy chief economist. Last year at that time, mortgage rates were 75 basis points higher. “FHA mortgage rates bucked the overall trend and were lower over the week, which likely helped some borrowers,” Kan said.
Persons: Trump, , Joel Kan, Kan, ” Kan, Matthew Graham Organizations: Mortgage, , Trump, Federal Housing Administration, U.S . Department of Veterans Affairs, Veterans, Mortgage News
New York CNN —Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. On Tuesday evening, President-elect Donald Trump said Hegseth is his pick for Defense Secretary – a decision that shocked even some of his friends at Fox. Hegseth and Rauchet disclosed their relationship to Fox management when Rauchet was pregnant (and Hegseth was still married). After returning home from Iraq in 2006, Hegseth wrote that more troops were urgently needed. Hegseth wrote “Modern Warriors” in 2020 and “War on Warriors” earlier this year, both for Fox’s book imprint.
Persons: Pete Hegseth, Friends ”, Biden, Donald Trump, Hegseth, , Pete, , Trump, ” Hegseth, , Roger Ailes, Ailes, buzzed, Hegseth’s, Samantha, Jennifer Rauchet, Rauchet, Kaitlan Collins, George W, Bear Stearns, Amy Klobuchar, Glenn Beck’s, Tucker Carlson, Jack Carr, Bernstein, he’d, Fox, Carr Organizations: New, New York CNN, Fox News, “ Fox, Friends, Fox, Army, Department of Defense, Inside Fox, Trump National Golf, Nashville Christian, CNN, Princeton University, New Jersey Army National Guard, National Guard, Harvard University, White, Trump, Department of Veterans Affairs, Twitter, Fox Nation, Veterans, Warriors, FOX News Media, Princeton Locations: New York, New Jersey, Nashville , Tennessee, Washington, DC, Iraq, Afghanistan, Guantanamo Bay, Cuba, United States, Bear, Guantanamo, Minnesota, Nashville, Tennessee
CNN —Plenty of House Republicans are privately jockeying for President-elect Donald Trump’s Cabinet. “I have 10 colleagues who think they’re going to the Cabinet,” one House GOP lawmaker quipped, speaking on the condition of anonymity to discuss internal dynamics. But you’re not going to let three or four go.”Inside the House GOP, many lawmakers and senior aides have long assumed Stefanik would go to the Cabinet. She and Texas Rep. Ronny Jackson, Trump’s former physician, are considered to have some of the tightest relationships between Trump and the House GOP. And privately, Reps. Anna Paulina Luna and Cory Mills have also expressed interest, according to a Florida GOP source.
Persons: Donald Trump’s, There’s, Mike Johnson can’t, Elise Stefanik, Mike Waltz, Mike Rogers, Sam Graves —, won’t, Johnson, , Kelly Armstrong, , Mike, that’d, we’ve, you’re, Ronny Jackson, George W, Bush, Trump, Matt Gaetz, Brian Mast, Byron Donalds, Carlos Gimenez, Greg Steube, Anna Paulina Luna, Cory Mills, Garret Graves, Matt Rosendale, Florida Sen, Marco Rubio, Bill Hagerty, Mike Lee of, Tom Cotton of, Eric Schmitt of Organizations: CNN, of, Republicans, Trump, Monday, New York, Florida, Armed, GOP, North, , Texas, Green Beret, Florida GOP, Transportation, Department of Veterans Affairs, Eric Schmitt of Missouri Locations: Washington, North Dakota, Afghanistan, East, Africa, Florida, Garret Graves of Louisiana, Matt Rosendale of Montana, Pennsylvania, Arizona, Sens, Tennessee, Mike Lee of Utah, Tom Cotton of Arkansas
Mortgage rates for October 26, 2024, are hovering in the mid-6% range, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. High mortgage rates pushed many hopeful buyers out of the market, slowing homebuying demand and putting downward pressure on home prices. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: they'll, you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal, Fed, Traders, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: Chevron
But the unspeakable violence inflicted on this community has spurred a very public purpose for the family: bringing awareness to traumatic brain injuries among military members and a call to action for continued research. Other family members also alerted local law enforcement, which visited Card's home in the weeks before the shooting but did not make contact. Maine's medical examiner requested a postmortem study of Card's brain, which was conducted by the Boston University CTE Center. Through Card's brain being examined after his death, Herling learned about so-called brain banks, a collection of donated brain tissue used for research and education. "Here, I brought the very helmet meant to safeguard my brother's brain," she said, showing the commission the military headgear.
Persons: cornhole, Nicole Herling, Robert Card, Nicole, James Herling, Card, Herling, James, Craig F, Walker, Lester Holt, Chris Nowinski, We're, Nowinski, Ryan Card, It's, Leroy Walker Sr, who've, Joseph Walker, They're, it's, Robbie, Brenda Breslauer, Erik Ortiz Organizations: Army, NBC, Army Reserve, Boston University CTE Center, Boston University, Boston Globe, Getty, NBC News, Brain Bank, Department of Veterans Affairs, Department of Defense, Defense Department, Schemengees Locations: LEWISTON, Maine, Lewiston, Afghanistan, Iraq, Auburn , Maine, Boston, West Point , New York, New York
As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks. So far, the Republican presidential nominee has officially proposed eliminating income tax on tips and Social Security benefits, along with overtime pay. This total excludes the many more people who would be exempt from part of their income taxes if Trump executed his proposed elimination of taxes on overtime pay. It didn't have an income tax," Trump said at a sit-down with voters in New York on Friday for "Fox & Friends." The Harris campaign did not immediately respond to CNBC's request for comment about Trump's proposed tax plans.
Persons: Donald Trump, Donald Trump's, Trump, Harris, Trump's, Kamala Harris Organizations: U.S, Republican, Security, Social Security, Social Security Administration, Yale University's, U.S . Department of Veterans Affairs, Department of Defense, Fox &, Representatives Locations: Lancaster , Pennsylvania, U.S, New York
“That’s how I spent the war,” Mr. Kinsel said in the interview with The Arizona Republic. The Associated Press reported that the only two surviving Navajo Code Talkers are Thomas H. Begay and Peter MacDonald, a former Navajo chairman. John Kinsel Sr. was born in 1917 in Cove, Ariz., according to the Navajo Times. He completed boot camp and was sent to Camp Elliott, where he underwent training to become a Navajo Code Talker. He was sent to New Zealand, where he trained for eight more months before being deployed to Guadalcanal, one of the Solomon Islands, with the Third Marine Division, according to the Department of Veterans Affairs.
Persons: Kinsel, Camp Elliott, Mr, Thomas H, Begay, Peter MacDonald, John Kinsel Sr Organizations: The Arizona, Ninth Marine Regiment, Third Marine Division, U.S . Department of Veterans Affairs, The Arizona Republic, Associated Press, Navajo, Navajo Times, Marines, Department of Veterans Affairs Locations: The Arizona Republic, Camp, Bougainville, Papau New Guinea, Guam, Iwo Jima, Ariz, New Zealand, Guadalcanal, Solomon
30-Year Mortgage RatesAverage 30-year mortgage rates are close to 6.20%, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: they've, Fannie Mae, you'll, Freddie Mac, it's Organizations: Federal, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: homebuyers, Chevron
Mortgage rates dropped a lot over the last few months in response to what appeared to be cooling in the labor market. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. You can calculate this by dividing your closing costs by the amount you're saving on your monthly mortgage payment. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: they've, Freddie Mac Organizations: Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: U.S, Chevron
We're about to enter the Digital Dark Ages
  + stars: | 2024-10-15 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +11 min
Without laborious renaming, everything behind those links — billions of them, a decade of digital content — will become inaccessible. We're about to enter the Digital Dark Ages. The Department of Veterans Affairs is legally required to preserve all medical records for 75 years after the death of a vet — but it's having problems, in part because of a balky digital records system. "Over the long term, you can't preserve a digital object in its original form," says Manoff, the former MIT librarian. The Dark Ages, as historians used to call the early centuries of medieval Europe, lasted for 500 years.
Persons: Mark Graham, Graham, we're, Marlene Manoff, Loren McClenachan, McClenachan, we'd, Adam Rogers Organizations: Google, Companies, of Alexandria, New York Times, Pew Research Center, Gawker, Los Angeles Herald Examiner, New York Newsday, Paramount, MTV, Comedy, Yahoo Groups, Yahoo, Facebook, Penguin, AOL, Prodigy, Department of Veterans Affairs, Wayback, Wayback Machine, MIT Libraries, Scripps Institution of Oceanography, MIT, Business Locations: Friendster, Key West , Florida, Europe
But mortgage rates are expected to go down next year, so it could be worth waiting if you aren't in a rush. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: they're, you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron
As long as inflation continues to come down, the Fed should continue cutting rates, allowing mortgage rates to ease as well. But what happens in the labor market will also have a big impact on how mortgage rates trend for the rest of 2024. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: they've, Freddie Mac Organizations: Fed, Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: Chevron
This has helped push mortgage rates back up near where they were this summer, when 30-year rates were above 6%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron
Over the last few months, mortgage rates have dropped dramatically, going from near 7% to below 6%. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. You can calculate this by dividing your closing costs by the amount you're saving on your monthly mortgage payment. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Now that the Fed has started lowering its benchmark rate, mortgage rates are down.
Persons: they've, Freddie Mac Organizations: ADP, Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron
Mortgage rates are starting the month a little higher, with 30-year rates hovering around 5.90%, according to Zillow data. But if conditions hold up, mortgage rates will likely remain near their current levels through the end of 2024. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: they've, Jerome Powell, you'll, They've, Freddie Mac, it's, Fannie Mae Organizations: Federal, Today's, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Nashville, Chevron
CNN —Employees at the Department of Veterans Affairs improperly accessed the medical files of Sen. JD Vance and Minnesota Gov. Tim Walz, the two major party vice presidential nominees, and an investigation is under way. Two sources familiar with the situation confirmed that VA employees improperly accessed Vance’s medical records, and roughly two months ago, an employee in VA Inspector General Michael Missal’s office reached out to someone in the Ohio Republican’s operation to alert them of the breach, one of the sources said. The Washington Post, which first reported the incident, said at least a dozen employees accessed the records. Walz enlisted at 17 and served 24 years in the National Guard before retiring in 2005 to run for Congress.
Persons: Sen, JD Vance, Tim Walz, Michael Missal’s, Harris, Terrence Hayes, , ” Vance, Walz Organizations: CNN, Employees, Department of Veterans Affairs, Minnesota Gov, Washington Post, Justice Department, Marines, National Guard Locations: Minnesota, Ohio, Iraq
Even though the Fed plans to continue cutting rates, mortgage rates might not fall much more this year. Mortgage rates trended down ahead of this decision, but now that the cut has happened and the rest of this year's cuts are priced in, it will take a change in the economic outlook to push mortgage rates down further. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: they've, Freddie Mac Organizations: Federal Reserve, Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: U.S, Chevron
This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. Texas Senate Media ServicesThe Health Science Center did not comment on Parker’s plans for legislation. The Health Science Center suspended its body-donation program, fired the officials who led it and said it would stop accepting unclaimed bodies. The University of North Texas Health Science Center suspended its body-donation program and fired the officials who led it. Dallas County officials have said moving forward they won’t provide unclaimed bodies for research unless survivors choose to do so.
Persons: Sen, Tan Parker, Parker, , , Andy North, Shelby Tauber, Alisa Simmons, Brenda Cloud, Victor Honey, Maddie McGarvey, NBC News Cloud, ” Cloud, ” Terrence Hayes, “ Mr, Honey, Al Sharpton, MSNBC’s, ” Sharpton, Thomas Champney, ” Champney, Eli Shupe, Tarrant, ” Shupe, Louisa Harvey, Michael Coleman, Michael, ” Harvey, Louisa Harvey ., Louisa Harvey Harvey, Harvey, she’s Organizations: NBC News, Republican, NBC, Fort, University of North Texas Health Science Center, Army, Texas, Media Services, Health Science Center, Dallas, Fort Worth National, U.S . Department of Veterans Affairs, Veterans, Health Science, University of Miami Miller School of Medicine, University of Texas Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, Mississippi, United States, Arlington
Unless the economic outlook changes, mortgage rates may hold steady for the rest of 2024. If they were to weaken unexpectedly, that could spur the Fed to cut rates more aggressively, which in turn could push mortgage rates down further. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, They've, they've, Freddie Mac, it's, Fannie Mae Organizations: Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: Chevron
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