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After dropping substantially toward the end of 2023, experts believe that mortgage rates will go down further in 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. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.87% last week, according to Freddie Mac data, which is a two-basis-point drop from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit. Once the Fed starts cutting rates, which is likely to happen this year, mortgage rates should fall even further.

Persons: there's, Freddie Mac Organizations: Federal Reserve, Fed, Zillow Locations: Chevron

☆ Dividend stocks could see a revival in 2024
▼ + stars: | 2024-01-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Dividend stocks fell out of favor in 2023, even as all three major US indexes overcame regional banking turmoil, high interest rates and geopolitical tensions to notch double-digit returns. As interest rates rose to a 22-year high, investors favored bonds at attractive yields over riskier stocks offering smaller payouts. Some traders believe that dividend stocks could make a comeback this year. Larry Adam, chief investment officer at Raymond James, favors dividend stocks in sectors like tech and healthcare for their growth qualities, over traditionally defensive categories like utilities. His firm only invests in dividend stocks that have that growth component, he says.

Persons: ”, Morgan Stanley, Larry Adam, Raymond James, Adam, Elisabeth Buchwald, John Cochrane, Anna Bahney, Freddie Mac, who’ve, Sam Khater, Freddie Mac’s, Read Organizations: CNN Business, Bell, New York CNN, Mastercard, Companies, Hoover Institute, “ Locations: New York

☆ My husband was willing to sacrifice his career to be a stay-at-home parent, but I wasn't. Here are the best and worst parts of our arrangement.
▼ + stars: | 2024-01-12 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

Andrea Mac is a growth strategist, and her husband has been a stay-at-home dad for seven years. She says one of the worst parts of the arrangement is the tug-of-war between her kids and job. I have four children, ages 19, 14, 7, and 5 — and while I'm the family's breadwinner, my husband has been a stay-at-home dad for the last seven years. That said, being a breadwinner in my marriage while my husband is a stay-at-home dad has pros and cons. These are the five hardest, worst, and most triggering things about being a breadwinner with a stay-at-home husband.

Persons: Andrea Mac, Mac, —, He's, she's, I'm, it's, Claudia Goldin's Pulitzer, haven't Organizations: Service Locations: Greater Chicago

Mortgage rates dropped substantially toward the end of last year, but it could be a few months before we see them ease further. This week, average 30-year mortgage rates inched up to 6.66%, according to Freddie Mac, a four-basis-point increase from the week before. Though we may need to wait a bit longer for the Fed to start cutting rates, once it does, mortgage rates should recede somewhat. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, Fannie Mae Organizations: Federal Reserve, Fed, Zillow, Mortgage, Association, Sky Locations: Chevron

☆ Mortgage rates inch up for the second week in a row, landing at 6.66%
▼ + stars: | 2024-01-11 | by ( Anna Bahney | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —Mortgage rates ticked up this week for the second week in a row, but remain more than a full percentage point lower than their high last year. The 30-year fixed-rate mortgage averaged 6.66% in the week ending January 11, up from 6.62% the previous week, according to data from Freddie Mac released Thursday. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Lower mortgage rates expected to bring new inventoryWhile mortgage rates trending lower is welcome news for homebuyers, those in the market are still dealing with the double whammy of low inventory and high home prices that continue to rise. But, she added, the pace of mortgage rates declining is likely to be slower going forward than the dramatic nine-week drop at the end of 2023.

Persons: Freddie Mac, who’ve, ”, Sam Khater, Freddie Mac’s, That’s, Jiayi Xu, Xu Organizations: DC CNN —, “, Federal, Treasury Locations: Washington

☆ Bill Belichick is parting ways with the New England Patriots
▼ + stars: | 2024-01-11 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Bill Belichick is stepping aside as coach of the New England Patriots. AdvertisementSix-time NFL champion Bill Belichick agreed to part ways as the coach of the New England Patriots, ending his 24-year tenure as the architect of the most decorated dynasty of the league's Super Bowl era. Patriots linebackers coach Jerod Mayo won a Super Bowl ring playing under Belichick and has interviewed for multiple head coaching vacancies since becoming a New England assistant in 2019. Related storiesThe six Super Bowl wins tie Belichick with pre-merger mentors Halas and Curly Lambeau for the most NFL championships. Meanwhile Brady won his seventh Super Bowl ring with the Tampa Bay Buccaneers that same season.

Persons: Bill Belichick, Belichick, Nick Saban, —, Robert Kraft, Kraft, of Famers Don Shula, George Halas, Tom Brady, It's, Jerod Mayo, Mayo, Mike Vrabel, Josh McDaniels, McDaniels, Brian, he'd, Saban, Belichick's, Steve, Halas, Curly Lambeau, Bill Parcells, Brady, haven't, Cam Newton, Mac Jones, Matt Patricia, Jones, Bill O'Brien, Bailey Zappe, didn't, Nick Caserio, Donald Trump Organizations: New England Patriots, Service, Gillette, of Famers, Belichick, Shula, Patriots, NFL, Super, AFC, Cleveland Browns, of Famer, Tennessee Titans, Raiders, Las, Super Bowl, New York Giants, Tampa Bay Buccaneers, U.S, Capitol Locations: Cleveland, New England, Las Vegas

☆ McDonald's is bringing back its Double Big Mac to US restaurants — here's when you can get it
▼ + stars: | 2024-01-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

McDonald's is temporarily bringing back its Double Big Mac to some US restaurants. Unlike a standard Big Mac, which contains two patties, it has four. AdvertisementMcDonald's is bringing back its Double Big Mac to US restaurants for a limited time. A standard Big Mac contains two patties. The burger had previously been released under various names, including the Monster Mac and the Double Mac, and reintroduced to menus as the Double Big Mac in March 2020.

Persons: McDonald's, — Organizations: Service, Mac, Business

☆ US home prices jump another 5% on tumbling mortgage rates and tight supply
▼ + stars: | 2024-01-10 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

US home prices climbed 5.2% year-over-year in November, according to CoreLogic. Falling mortgage rates and a dwindling supply have helped prop up the market. AdvertisementUS home prices have continued to climb, according to CoreLogic data, with tumbling mortgage rates helping prop up the nation's supply-starved housing market. The US housing market stagnated last year – but there have been signs of a thaw in recent months, with mortgage rates falling away from 23-year highs. Home prices rose the most in the US's northeastern region in November – with the Rhode Island, Connecticut, and New Jersey housing markets each experiencing double-digit year-over-year growth.

Persons: Selma Hepp, —, Freddie Mac Organizations: Service, Biden Administration, National Association of Realtors Locations: –, Rhode Island , Connecticut, New Jersey, Idaho , Utah, Washington

☆ I'm a pediatrician and a mom. I can't even follow my own advice.
▼ + stars: | 2024-01-10 | by ( Whitney Casares | ) www.businessinsider.com time to read: +5 min

I sometimes struggle to follow the advice I give as a pediatrician about how to best raise kids. She's been doing this for days — and I don't feel the least bit guilty. All it's really going to do is make parents feel even more like they're not measuring up. And if I can't follow half the advice I'm supposed to give, where does that leave all the other parents? Let your kids know ahead of time which adults will take them to school and pick them up.

Persons: —, She's, chiding, Will, it's, she's, I'm Organizations: Service, American Academy of Pediatrics

☆ I've followed the Mediterranean diet for years. Here are 8 things people always get wrong about it.
▼ + stars: | 2024-01-09 | by ( George Arkley | ) www.businessinsider.com time to read: +7 min

Read previewI have followed the Mediterranean diet for years, and I've come across a lot of myths and misconceptions about it along the way. Read on for some popular debunked myths about the Mediterranean diet based on my experience as a longtime follower. AdvertisementDespite its name, it's not really a dietThe Mediterranean diet isn't really a diet — it's a lifestyle. Extra-virgin olive oil can also get expensive but it's truly a staple and it's often better than using more refined oils, like canola, vegetable oils, and very light olive oil. For example, avocado isn't traditionally part of the Mediterranean diet but I still incorporate it into my Mediterranean-style recipes daily.

Persons: —, I'm, it's, Atkins, Linda Raymond, that's, feta, Shutterstock It's, It'd, George Arkley Organizations: Service, Business, University of Locations: Greece, Spain, Morocco, Southern Italy, Northern Italy

☆ The internet's most eccentric chef, Barfly7777, has cooked steak in a toilet and garlic shrimp in an airplane sink
▼ + stars: | 2024-01-09 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +6 min

He told BI that his job involves lots of traveling and that he's been doing this for years. He's dropped prime steak in the toilet tank of a hotel bathroom and propped pork belly on a ventilation unit . Despite intentionally creating shocking content, Barfly7777 told BI he's "floored" by the range of appalled responses to his videos. Barfly7777 told BI he spends around 180 to 200 days a year in a hotel due to work (he also did not want to disclose his full-time job). AdvertisementBarfly7777 told BI that he was happily startled by the response, even if it was mostly disgust.

Persons: Barfly7777, he's, —, He's, it's, I'm Organizations: Service, Delta Locations: Bro

☆ I tried KFC's new chicken wraps, including a spicy mac and cheese. The new dishes should push McDonald's to get wraps back on the menu fast.
▼ + stars: | 2024-01-07 | by ( Nancy Luna | ) www.businessinsider.com time to read: +1 min

Chicken wraps are making a comeback at fast food chains like Wendy's and Burger King. The latest to join the fray is KFC, which introduced two chicken wraps in early January. KFC expanded its wrap menu a few weeks after McDonald's announced plans to bring back chicken wraps. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMcDonald's triggered buzz when it announced in December plans to bring chicken wraps back to US menus.

Persons: Burger King, McDonald's, — Organizations: KFC, Service, McDonald's, Business Locations: Burger

☆ Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says
▼ + stars: | 2024-01-05 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

There's finally a glimmer of hope for the housing market, according to Redfin. AdvertisementThere are signs the frozen housing market is starting to thaw after a year where higher mortgage rates drove potential buyers away, according to Redfin. Still, the flare-up fueled a slowdown in housing market activity, with potential buyers disenchanted by higher rates and would-be sellers opting to stay put to take advantage of being locked in at a lower mortgage rate. Mortgage rates still look high compared to historic levels despite the recent pick-up in demand, according to real-estate agents. "There have been more tours and more offers on my listings since mortgage rates started declining," said Shay Stein, who works for Redfin in Las Vegas.

Persons: There's, —, Freddie Mac, Redfin, Shay Stein Organizations: Service, Federal Reserve, Redfin Locations: Las Vegas

☆ The state of the US housing market in 5 charts
▼ + stars: | 2024-01-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Read previewThe US housing market is facing historic unaffordability and it's kept countless Americans sidelined or forced to face hefty monthly home payments. This lock-in effect has created a tale of two markets: those who have been crushed by high mortgage rates and those who have mostly gotten by unaffected. Many Americans secured lower mortgage rates during the pandemic. AdvertisementBut in 2023, that dearth of supply for existing homes was a boon for homebuilders — and Wall Street took notice. William BlairFreddie Mac Multi-family Home Serious Delinquency Rate William Blair, Freddie MacUltimately, in 2024 William Blair forecasts supply to improve, mortgage rates to fall, and existing homeowners to return to the market out of necessity.

Persons: —, it's, William Blair, Richard de Chazal, homebuilders, William Blair's, de Chazal, William Blair Freddie Mac, Freddie Mac Organizations: Service, Industry, Business, National Association of Realtors, Federal, Wall, Bloomberg

☆ Why own Apple stock when there are no near-term catalysts? Here are 3 key reasons
▼ + stars: | 2023-12-31 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

However, the reason Apple is designated an "own it, don't trade" stock is because near-term catalysts are less important than the longer-term trajectory. If 2023 taught us anything it's that the stock market will always surprise you. We think the best approach is to not worry too much about quarterly dynamics, and focus on the longer-term drivers of Apple stock. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dave You, that's, Siri, it's, you've, Jim Cramer's, Jim, SeongJoon Cho Organizations: Club, Apple, EU, Nvidia, Apple Watch, Services, Apple Care, Jim Cramer's Charitable, CNBC, Apple Inc, Bloomberg, Getty Locations: spurts, India, Hanam, South Korea

☆ Apple reportedly plans big overhaul to iPad family to make it less confusing
▼ + stars: | 2023-12-11 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Apple will overhaul its iPad family next year to make it less confusing for customers and to recharge slumping sales, according to Bloomberg. New versions of the iPad Pro and iPad Air are reportedly coming as soon as March. Apple reportedly wants to make it easier to differentiate between the iPad models and also plans big upgrades. Apple currently sells two sizes of the iPad Pro, the iPad Air, the 10th generation iPad, the ninth generation iPad and the iPad mini. The upcoming changes to the iPad Pro reportedly include a better screen, the M3 chip, a new design and a new Magic Keyboard attachment that only works with iPad Pros.

Persons: Read Organizations: Apple, Bloomberg, iPad, Air

Rates have plunged in recent weeks, and 30-year mortgage rates are already half a percentage point down from their November average. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.56% last week, an 11-basis-point drop from the previous week, according to Freddie Mac data. But experts believe the central bank is done raising rates, which means mortgage rates should ease somewhat. Once the Fed cuts rates, mortgage rates should fall even further.

Persons: it's, you'll, Freddie Mac Organizations: Federal Reserve, Zillow Locations: Chevron

☆ High food prices could keep Americans hating the economy for years to come
▼ + stars: | 2023-12-05 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +4 min

High food prices are Americans' top concern about the economy, according to Morning Consult. Ninety percent of individuals said they were very or somewhat concerned about grocery and food prices , higher than any other factor surveyed. In part, these concerns can be attributed to rising food prices over the last few years. AdvertisementHigh food prices could be a key reason for this disconnect, Aaron Terrazas, Glassdoor's chief economist, told Business Insider. If Americans are hoping for cheaper food prices to come next year, they're unlikely to get their wish.

Persons: —, it's, Joe Biden's, Aaron Terrazas, haven't, Terrazas, Biden, McDonald's Organizations: Service, Bloomberg, Bureau of Labor Statistics, Business, US Department of Agriculture, Social Security Administration

☆ Jurgen Klopp: Liverpool manager hails ‘beautiful goals’ in game ‘you will never forget’
▼ + stars: | 2023-12-04 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

Liverpool completed its comeback with two strikes in the dying minutes, but it was the quality of all four Liverpool goals that stood out the most. “I don’t think I ever saw a game with this amount of beautiful goals. We scored incredible goals today,” Liverpool manager Jurgen Klopp told Sky Sports. “I don’t think anybody would have thought before the game [that] Liverpool v Fulham will be a game you will never forget in your life,” Klopp told reporters after the match. “Nobody is in doubt how highly I think about Trent,” Klopp told reporters after the game.

Persons: Jurgen Klopp, Trent Alexander, Arnold, Bernd Leno, Harry Wilson, Alexis Mac Allister, Kenny Tete, Bobby De Cordova, Reid, Chris Brunskill, Wataru Endo, Mohamed Salah’s, Alexander, ” Klopp, ”, Klopp Organizations: CNN, Liverpool’s Premier League, Fulham, Reds, Liverpool, Sky Sports, Fulham goalkeeper’s, Getty, Premier League, Japan, England, Arsenal, Manchester City, “, Sheffield United, Crystal Locations: Liverpool

Average 30-year mortgage rates finally fell below 7% in mid-November, the first time they've been that low since late September. And as we head into 2024, mortgage rates are expected to fall even further as inflation continues to slow. 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. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.56% last week, according to Freddie Mac data, which is an 11-basis-point drop from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.

Persons: they've, Freddie Mac Organizations: Zillow, Fed Locations: Chevron

☆ 10 Performances That Pushed Emotional Limits
▼ + stars: | 2023-12-03 | by ( Maya Phillips | More About Maya Phillips | ) www.nytimes.com time to read: +3 min

‘Jaja’s African Hair Braiding’Even if the hairstyles in this play weren’t as fabulous as they were, Jocelyn Bioh’s “Jaja’s African Hair Braiding,” about a day in the life of African immigrants working in a Harlem hair-braiding shop, would still be a sparkling Broadway delight. That’s thanks to Bioh’s colorful characters and brisk, playful dialogue. I didn’t know until I saw David Adjmi’s “Stereophonic,” which kept me fully engaged through its full three-hour running time. We learn about the characters through the parts they play in making and performing this music — which, by the way, is amazing, and written by Will Butler, formerly of Arcade Fire. (Read our review of “Flex.”)

Persons: ‘, Jocelyn Bioh’s “, Whitney, it’s, guiltily, Daisy Jones, ”, Fleetwood Mac, David Adjmi’s, Will Butler, David Zinn’s, Ryan, you’re, Erica Matthews, Mitzi E, Newhouse, “, Lileana Blain Organizations: Broadway, Center Theater Locations: Harlem, Arkansas

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Apple doubled down on the expensive custom chip business, edging out Intel and starting a trendApple has designed its own custom chips for iPhones since 2010, kicking off a trend followed by other non-chip giants like Google, Microsoft, Amazon and Tesla. In November, CNBC became the first journalists to film inside an Apple chip lab, where it tests its latest M3 chips that replaced Intel processors in all new Macs. We also got a rare chance to talk with Apple's head of silicon, Johny Srouji, about geopolitical risks in Taiwan, slowdowns, and what's next in AI.

Persons: what's Organizations: Intel, Apple, Google, Microsoft, CNBC Locations: Taiwan

☆ Fed Chair Powell: Too early to say when to expect rate cuts
▼ + stars: | 2023-12-01 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

While Powell and other officials say they’re not even thinking about cutting rates just yet, some investors expect cuts to begin around the middle of next year. With Treasury yields sliding in recent weeks, so have mortgage rates, and rate cuts next year would help that along. Inflation, spending and mortgagesConsumer spending and inflation both eased in October, the Commerce Department reported Thursday. What Fed officials are sayingFed officials have broadly acknowledged that economic conditions are setting the stage for inflation to continue its descent. While some Fed officials have expressed optimism, others remain unconvinced that the Fed’s job is done.

Persons: Jerome Powell, ” Powell, ”, Powell, they’re, Freddie Mac, Christopher Waller, John Williams, “ We’ve, Michelle Bowman, “ Organizations: DC CNN — Investors, Federal, Spelman College, Treasury, Fed, December’s Fed, Commerce Department, ”, Washington . New York Fed, New York Fed Locations: Washington, Atlanta, September’s, America, doldrums, Washington . New, Salt Lake City

☆ Inside Apple’s chip lab, home to the most ‘profound change’ at the company in decades
▼ + stars: | 2023-12-01 | by ( Katie Tarasov | ) www.cnbc.com time to read: +13 min

Its most advanced silicon is primarily manufactured by one vendor, Taiwan Semiconductor Manufacturing Company. "We built what we call the unified memory architecture that is scalable across products," Srouji said. Apple's silicon team has grown to thousands of engineers working across labs all over the world, including in Israel, Germany, Austria, the U.K. and Japan. The primary type of chip Apple is developing is known as a system on a chip, or SoC. Apple's senior director of hardware validation Godfrey D'Souza shows off an M3 SoC in an Apple chip lab in Cupertino, California, on November 14, 2023.

Persons: John Ternus, Srouji, we're, Katie Tarasov, Andrew Evers, Ben Bajarin, Bajarin, Apple, Apple there's, Pro Max, Kaiann Drance, That's, who's, Ternus, Nvidia —, Tesla, Stacy Rasgon, Apple's, Godfrey D'Souza, Sydney, they've, Rasgon, Apple's Srouji, It's Organizations: AMD, MU, Apple Watch, U.S, Apple, Intel, Taiwan Semiconductor Manufacturing Company, Microsoft, CNBC, Apple's, Amazon, Google, Tesla, Semiconductor, Creative, Pro, Triple, MacBook Air, Qualcomm, Nvidia, Bernstein Research, Sydney Boyo, Bluetooth, Broadcom, Samsung, Micron, Thursday Apple Locations: Cupertino , California, Israel, Germany, Austria, Japan, Silicon Valley, San Diego, Austin , Texas, AirPods, Taiwan, China, Arizona, Peoria , Arizona, Asia, Europe, U.S

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Decline (-0.16%)The current average 30-year fixed mortgage rate is 6.75%, down 16 basis points since this time last week. 20-Year Fixed Mortgage Rates Go Down (-0.18%)The average 20-year fixed mortgage rate is down 18 basis points from last week and sits at 6.40%. 15-Year Fixed Mortgage Rates Decrease (-0.17%)The average 15-year mortgage rate is 6.12%, down a bit from last week. Mortgage rates have risen throughout 2023, and they're higher than they were in November 2022.

Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, It's, refinance Organizations: Zillow, FHA Locations: Chevron

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