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☆ Want a low mortgage rate? Take someone else’s
▼ + stars: | 2024-05-31 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

This means that a buyer keeps the seller’s repayment period, mortgage balance and, notably, the seller’s lower mortgage rate. Securing that ultra-low mortgage rate means that Harper will save thousands of dollars in monthly payments. “I just decided I wanted to see how low I could pay on the interest rate,” Harper said. And while the mortgage rate on the second loan may be high, the total monthly payment could still be lower — if the assumed mortgage rate is low enough. Snagging a low mortgage rate like Harper’s in today’s high interest rate environment may seem like a dream come true to some prospective homebuyers, but the process is not always smooth sailing.

Persons: ”, Ted Tozer, Ginnie Mae —, Tozer, Ellen Harper, Harper, “, ” Harper, ” Tozer, homebuyers, he’d, Raunaq Singh Organizations: CNN, of Housing, Urban, Urban Institute, Intercontinental Exchange, Federal Housing Administration, US Department of Veterans Affairs, Realtors Locations: Georgia, Georgia , Arizona , Colorado , Texas, Florida

☆ The Ecstasy, Agony and Awkwardness of the Trump Conviction
▼ + stars: | 2024-05-31 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

Darren Van Dreel, a 58-year-old electrician from Oshkosh, Wis., has followed the twists and turns of the investigations into former President Donald Trump over the years: the Mueller report, two impeachments and a flurry of criminal cases, most of which have been mired in delays. So on Thursday evening, while he and his wife, Misty McPhee, were on a long drive from Wisconsin to the Washington, D.C., area, there was only one thing to do when the verdict came in. “I high-fived my wife,” said a grinning Van Dreel, as he waited for a sandwich on Friday morning in the liberal Del Ray neighborhood of Alexandria, Va. “I was just so pleasantly surprised that finally somebody’s holding him accountable.”When a Manhattan jury found Trump guilty of 34 counts of falsifying business records on Thursday, Trump’s campaign declared that the country had “fallen,” and his allies painted a picture of a nation consumed by rage. His supporters flooded corners of the internet with angry imagery (more on that below), and echoed his claims that the verdict was illegitimate.

Persons: Darren Van Dreel, Donald Trump, Mueller, Misty McPhee, ”, Van Dreel, Del, Trump, Trump’s Organizations: D.C Locations: Oshkosh, Wis, Wisconsin, Washington, “, Del Ray, Alexandria, Va, Manhattan

☆ Zero-down mortgages are making a comeback
▼ + stars: | 2024-05-30 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

That massive roadblock is being removed by a new zero-percent down mortgage program launched two weeks ago by one of the nation’s largest mortgage lenders. ‘Demand has been huge’These mortgages are only open to first-time homebuyers and those making no more than 80% of the area’s median income. That’s because in order to refinance at a lower rate, the homeowner would need to fully pay off that second mortgage. For instance, Bank of America launched a zero-down payment mortgage program in 2022 for first-time homebuyers in certain Black and Hispanic neighborhoods. “These mortgages are going to be ticking time bombs – just like subprime mortgages –unless home prices continue to increase very substantially,” Kelleher said.

Persons: Mat Ishbia, homebuyers, Christian Petersen, refinances, UWM, ” Alex Elezaj, they’d, ”, Patricia McCoy, McCoy, won’t, Bankrate, ‘, Anneliese Lederer, ” Lederer, ” Dennis Kelleher, ” Kelleher, Jonathan Adams, ” UWM, Elezaj, “, ” Elezaj, ” It’s, “ We’re, Greg McBride, Adams, ” Adams Organizations: CNN, United Wholesale Mortgage, Phoenix Suns NBA, Phoenix Suns, NBA, Oklahoma City, Footprint Center, Boston College Law School, Consumer Financial Protection Bureau, Federal Reserve, Bank of America, US Department of Agriculture, US Department of Veterans Affairs, Center for Responsible, Better, Saint Joseph’s University, Bankrate, “, Wall Street Locations: Phoenix , Arizona

☆ Susanne Page, Who Took Rare Photos of the Hopi and Navajo, Dies at 86
▼ + stars: | 2024-05-29 | by ( Sam Roberts | ) www.nytimes.com time to read: 1 min

Susanne Page, whose intimate photographs of the Hopi tribe and Navajo nation opened a rare window on the everyday culture of Indigenous people in America’s Southwest, died on May 13 in Alexandria, Va. She was 86. The cause of her death, at the home of her daughter, Kendall Barrett, was brain cancer, another daughter, Lindsey Truitt, said. Page was in the midst of a 40-year career as a photographer for the United States Information Agency when she began creating vivid images of Native Americans and the flora and fauna that sustained them — work that embraced the beauty of the natural world and its profound spiritual significance to those Indigenous people. Her work appeared in magazines like National Geographic and Smithsonian and in several books. Along the way she introduced the subject of Native Americans of the Southwest to Jake Page, an editor and columnist at Smithsonian.

Persons: Susanne Page, Kendall Barrett, Lindsey Truitt, Page, Jake Page Organizations: United States Information Agency, Geographic, Smithsonian Locations: Navajo, Southwest, Alexandria, Va

☆ Bette Nash, Longest-Serving Flight Attendant in the World, Dies at 88
▼ + stars: | 2024-05-29 | by ( Clay Risen | ) www.nytimes.com time to read: 1 min

Bette Nash, whose nearly seven decades of serving airline passengers aboard the Washington-to-Boston shuttle earned the route the nickname the Nash Dash and won her a spot in Guinness World Records as the longest-serving flight attendant in history, died on May 17. Ms. Nash never officially retired, and her death, from breast cancer, was announced on Saturday by her employer, American Airlines. She lived in Manassas, Va.Ms. Nash entered service with Eastern Air Lines in November 1957, at the dawn of the jet age. Dwight D. Eisenhower was president, “I Love Lucy” was on TV and even short domestic flights were still a glamorous adventure. Wearing white gloves, heels and a pillbox hat, Ms. Nash served lobster and champagne, carved roast beef by request and passed out after-dinner cigarettes.

Persons: Bette Nash, Nash, Dwight D, Eisenhower, “, Lucy ” Organizations: Boston, Guinness World Records, American Airlines, Eastern Air Lines Locations: Washington, Manassas, Va

☆ French Open day 4 recap: Swiatek wins, Kenin shocks Garcia, crowds and schedule frustrate
▼ + stars: | 2024-05-29 | by ( James Hansen | Matthew Futterman | ) www.nytimes.com time to read: +6 min

🇫🇷 Caroline Garcia (21), 6-3, 6-3Caroline Garcia (21), 6-3, 6-3 🇬🇷 Stefanos Tsitsipas (9) def. 🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2 🇷🇺 Andrey Rublev (6) def. 🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3 🇵🇱 Iga Swiatek (1) def. 🇸🇮 Tara Zidansek, 6-3, 6-4🇸🇮 Tara Zidansek, 6-3, 6-4 🇮🇹 Jannik Sinner (2) def. 🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4 🇷🇺 Pavel Kotov def.

Persons: Roland Garros, Naomi Osaka Naomi Osaka, Iga Swiatek, Ash Barty, Philippe, Chatrier, Swiatek, Tim Clayton, Corbis, she’s, “, ”, Naomi Osaka, Ben Shelton, Kei Nishikori, queueing, Stan Wawrinka, Andy Murray, Jannik, Richard Gasquet, Sofia Kenin, Caroline Garcia, Garcia didn’t, Jesper de Jong, Jesper De Jong, olin e Garcia, Garcia, 7-5, Coco Gauff, 6-4 🇮🇹, 🇫🇷 Rich, Katie V, Dani, oren, Mathieu 🇺🇸 Madi, Clive Br Organizations: Getty, Swiatek, Philippe Locations: Osaka, Swiatek, Paris, 6-2, 6

☆ R.F.K. Jr. Denounces the Removal of Confederate Statues
▼ + stars: | 2024-05-28 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

Robert F. Kennedy Jr. denounced the removal of hundreds of Confederate statues and other monuments across the United States after the murder of George Floyd by a Minneapolis police officer in 2020. While defending the statues, Mr. Kennedy also said that there were “heroes in the Confederacy who didn’t have slaves,” though when he later picked an example of a Confederate whom he idolized, he singled out Robert E. Lee, a prominent general in the rebel army who owned slaves. “I have a visceral reaction against the attacks on those statues,” Mr. Kennedy said on the podcast, which was hosted by Tim Pool, a right-wing commentator. Mr. Kennedy had been asked specifically about the removal of a statue of Lee in Charlottesville, Va., in 2021. He added that “if we want to find people who are completely virtuous on every issue throughout history, we would erase all of history.”

Persons: Robert F, Kennedy Jr, George Floyd, Kennedy, Donald J, Robert E, Lee, ” Mr, Tim Pool, Mr, ” Organizations: Libertarian National Convention, Trump Locations: United States, Minneapolis, Washington, Lee, Charlottesville, Va

☆ The Alitos, the Neighborhood Clash and the Upside-Down Flag
▼ + stars: | 2024-05-28 | by ( Jodi Kantor | ) www.nytimes.com time to read: +1 min

A young couple claimed they were being harassed by the wife of a Supreme Court justice. The officer on the line responded that there was little the police could do: Yelling was not a crime. The couple placed the call after a series of encounters with Martha-Ann Alito, wife of Justice Samuel A. Alito Jr., that had gone from uneasy to ugly. The clash between the wife of a conservative Supreme Court justice and the couple, who were in their 30s, liberal and proud of it, played out over months on a bucolic block in Alexandria. But three years later, that neighborhood spat — which both sides said began over an anti-Trump sign — has taken on far greater proportions.

Persons: “, ”, Martha, Ann Alito, Samuel A, Alito Jr, Emily Baden, Alito, Baden, — Organizations: The New York Times, Court, Trump Locations: Fairfax County, Va, Alexandria, America

☆ For Millennials, Living Alone Is Status Symbol Milestone
▼ + stars: | 2024-05-25 | by ( Juliana Kaplan | Rosalie Chan | ) www.businessinsider.com time to read: +14 min

That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Business Insider's analysis of American Community Survey microdata from IPUMS found that 10.5% of millennials lived alone in 2022. Per BI's analysis of American Community Survey data via IPUMS, 16% of millennials lived with at least one parent as of 2022. (The data doesn't specify if that means they're living with their parents or if their parents are living with them.) Subsidized solo livingSome lower-earning millennials are able to get assistance reaching the solo-living milestone — but it's not always easy.

Persons: Jess Munday's, Jess Munday's San Francisco, Munday, " Munday, I'm, it's, IPUMS, millennials, Bella DePaulo, they've, DePaulo, she'd, Jess Munday, Dara Feller, Aria Velasquez, they're, " Velasquez, Velasquez, Erica Charles, she's, Charles, Rick Fry, Fry, She'd, She's, Clibborn, Sydney Krantz, He's, —, homeownership Chaz Zimmer, Chaz Zimmer, Adrianna Newell, Tomasz Piskorski, Piskorski, Zimmer hasn't, Zimmer, he's, James Paniagua, Paniagua, snagging, Julia Mazur, Kathy Pierre, Pierre Organizations: Business, American, Survey, Pew, BI Garak, BI, Subaru, Columbia Business School Locations: Jess Munday's San, Francisco's, San Francisco, Chicago, Washington ,, IPUMS, Florida, California, Waverly , New York, homeownership, Oakland , California, Los Angeles, Oakland, London, Austin, Charlotte , North Carolina, Charlotte

Since the constitutional right to abortion was taken away in Dobbs v. Jackson Women's Health Organization in 2022, Democratic spending on abortion-related ads has jumped. Line chart showing the percentage of television ad spending devoted to abortion from 2018 to 2024. Democratic spending jumped up to around one-third in 2022 after the Dobbs ruling and has stayed high. In the first four months of this year alone, 48 percent of Democratic ad spending on broadcast networks in Pennsylvania centered on abortion. Democrats are seizing the moment, devoting two-thirds of their ad spending to abortion there.

Persons: Roe, Wade, Dobbs, Emily Holzknecht, Adam Westbrook, Trump, overperformed, —, N.M, Andy Beshear’s, Daniel Cameron’s, Mr, Biden Organizations: Democratic, Republican, Republicans, Jackson, Health Organization, Democrats, Republicans Pennsylvania, Arizona, Michigan, Georgia, Wisconsin, Supreme Court, Data, Pew Research, Ore ., Nev . Ohio Ill, Conn . Iowa Pa, Ind, Del . Utah Colo, Religion Research Locations: Dobbs v, Pennsylvania, Michigan, Arizona, Georgia, . Arizona, . Maine, Mont, Minn . Vt, Ore, Ore . Idaho, Wis, N.Y, S.D . Mich, R.I, Wyo, Conn . Iowa Pa . N.J, Nev . Ohio, Del . Ind . Utah Md, Colo, W.Va . Va . Calif, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M . Miss ., Ala . Texas, Fla . Alaska Hawaii, Conn . Iowa, Neb . N.J, Del . Utah, W.Va . Md . Va . Calif, United States, Nevada , Arizona , Montana , Colorado, South Dakota , Nebraska , Missouri , Arkansas, Florida , New York, Maryland, Nevada , Arizona , Wisconsin , Michigan, Kentucky, Gaza, Ukraine

☆ A 20% down payment is 'definitely not required' to buy a house, economist says. Here's how much you need
▼ + stars: | 2024-05-24 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Phynart Studio | E+ | Getty Images'The conundrum of the housing market'One way to reduce your monthly mortgage payment is to put down more money and borrow less. Nationally, the average down payment on a house is closer to 10% or 15%, Hale said. Even with a conventional loan, buyers' required down payment could be between 3% and 5%, depending on their credit score and other factors. While a lower down payment is one way to "attack affordability challenges," it can be a "mixed bag," Hamrick said. With a lower down payment, you will need to borrow more from your lender, which raises the monthly cost of your mortgage, Hale said.

Persons: Hale, there's, Hamrick Organizations: CNBC, SurveyMonkey, Department of Veterans Affairs, U.S . Department of Agriculture, Federal Housing Administration, PMI Locations: U.S

☆ Opinion | With ‘Unified Reich’ the Trump Campaign Takes It Up a Notch
▼ + stars: | 2024-05-23 | by ( David Austin Walsh | ) www.nytimes.com time to read: +1 min

The former president’s trial over hush money paid to a porn star has made history, and his performance in court has been so farcical that Mr. Trump was threatened with jail time for contempt of court. He has called his political enemies “vermin” and said that immigrants are “poisoning the blood” of America. Mr. Trump’s transgressions against American political norms are by now almost a cliché. But the “unified Reich” video shows a different kind of danger in another Trump presidency. That underscores the bigger problem in the Republican Party today, one that goes far beyond Mr. Trump: a generation of young Republican staff members appears to be developing terminal white nationalist brain.

Persons: Donald Trump, Trump, ”, “, America ”, Nick Fuentes Organizations: America, Trump, Nazi, Associated Press, Republican Party, Republican Locations: America, Nazi Germany, Charlottesville, Va

So far in May, 30-year mortgage rates have averaged around 6.75%, which is 10 basis points lower than the previous month's average. If the next few months continue to show that inflation is decelerating, mortgage rates could go down further this year. 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 Rates Go Down (-0.09%)The average 15-year mortgage rate is 6.00%, nine basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: they'll, you'll, It's, refinance Organizations: Zillow, FHA Locations: Chevron

☆ Push to repeal Biden's EV rule
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPush to repeal Biden's EV ruleRep. Carol Miller (R-W. Va.) joins 'Squawk Box' to discuss the bipartisan effort to repeal President Biden's latest electric vehicle credit rule.

Persons: Carol Miller, Biden's Organizations: EV Locations: Va

☆ Weekly mortgage refinance demand revives as interest rates fall to 7-week low
▼ + stars: | 2024-05-22 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage interest rates fell for the third straight week last week, sparking increased demand for refinances. Total mortgage application volume rose 1.9% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications to refinance a home loan rose 7% for the week and were 21% higher than the same week one year ago. Rates last week were just 32 basis points higher than they were a year ago, and that gap has been shrinking. While higher mortgage rates certainly hurt affordability, today's buyers are still facing very low supply and stiff competition, which fuels bidding wars.

Persons: Joel Kan, Matthew Graham Organizations: Mortgage, Federal Reserve, Mortgage News Locations: Hawthorn Woods , Illinois

☆ Kerry Kennedy Leads ‘Heart-Wrenching’ Campaign Against Her Brother’s White House Bid
▼ + stars: | 2024-05-21 | by ( Adam Nagourney | ) www.nytimes.com time to read: +1 min

When members of the Kennedy family joined President Biden in Philadelphia to endorse his re-election — and denounce the presidential candidacy of the best-known Kennedy of this generation, Robert F. Kennedy Jr. — one person stepped forward to make the family’s case: his younger sister Kerry. “Nearly every single grandchild of Joe and Rose Kennedy supports Joe Biden,” Ms. Kennedy said as her siblings, and Mr. Biden, flanked her onstage. “That’s right: The Kennedy family endorses Joe Biden for president.”That was not the first time that Ms. Kennedy, the seventh child of Robert and Ethel Kennedy, had been the face of the family’s pushback against her brother. As Mr. Kennedy has emerged as a skeptic of Covid-19 vaccines and a purveyor of conspiratorial theories on the assassination of his father, it has fallen to Ms. Kennedy to distance her family from the brother she has long held close and to guard the legacy of a proud and private family as it fades from the political stage. It is political as well: She argues that her brother’s insurgent campaign threatens the re-election of Mr. Biden and is aware that her family could shoulder some of the blame should Donald J. Trump return to the White House next year.

Persons: Kennedy, Biden, —, Robert F, Kennedy Jr, Kerry, “, Joe, Rose Kennedy, Joe Biden, ” Ms, Robert, Ethel Kennedy, Kennedy’s, Mr, Donald J, Trump, White Locations: Philadelphia, Hickory Hill, Va, —

☆ How Trump's presidency became a roller-coaster ride for many of America's top CEOs
▼ + stars: | 2024-05-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +9 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In August 2017, a Trump Tower event meant to provide updates about Trump's infrastructure plan became dominated by his response to the violence in Charlottesville. And in February 2018, Trump's infrastructure proposal took a back seat amid accusations of misconduct by two close aides. But after the election, Trump invited a broad array of tech leaders to Trump Tower and expressed a desire to work with them on innovation. In 2020, several tech leaders — including Cook — were critical of Trump's visa restrictions that would impact highly-skilled foreign workers in the industry.

Persons: —, Donald Trump, Hillary Clinton, Trump, Steve Mnuchin, Goldman Sachs, Gary Cohn, Wilbur Ross, Trump's, Elon Musk, Heather Heyer, Andrew Harnik, I've, Kenneth Frazier, Kevin Plank, 3M's Inge Thulin, Brian Krzanich, , Jim Comey, we've, Senate — Trump, Joe Biden, Tim Cook, Manuel Balce Ceneta, he'd, Jeff Bezos, Biden, Cook, Cook — Organizations: Service, White, National Economic Council, Business, Democrats, GOP, Tesla, AP, Merck, American Manufacturing Council, Policy, Trump, House, Republicans, Senate, Amtrak, Apple, Twitter, Democratic Locations: United States, Charlottesville, Va, weren't, Paris

☆ Inside Oracle's Deadly Gamble on Cerner and Electronic Health Records
▼ + stars: | 2024-05-20 | by ( Ashley Stewart | Blake Dodge | ) www.businessinsider.com time to read: +29 min

That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.

Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, —, Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld

☆ How Election Deniers Claimed the Upside-Down Flag
▼ + stars: | 2024-05-17 | by ( Michael Levenson | ) www.nytimes.com time to read: +1 min

It has been a widely recognized symbol of distress since the nation’s founding, when sailors turned the American flag upside down to signal that their ships were sinking, on fire or trapped in ice. But over time, the upside-down American flag became a symbol brandished more often by protesters across the political spectrum to signal that they believed the nation itself was in grave peril. After President Biden won the 2020 election, supporters of former President Donald. J. Trump rallied around the inverted flag, displaying it at their homes, on their cars and on social media to show that they believed Mr. Trump’s lie that the election was stolen. At the time, the Supreme Court was still contending with whether to hear a 2020 election case.

Persons: Biden, Donald . J, Trump, Samuel A, Alito Jr Organizations: New York Times Locations: Alexandria, Va

☆ Boeing shareholders re-elect departing CEO Calhoun to board
▼ + stars: | 2024-05-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing shareholders voted to re-elect the outgoing CEO Dave Calhoun to the board of directors, a preliminary tally on Friday showed, as he sought to reassure investors that the manufacturer is on the path to stability amid its latest safety crisis. Boeing also replaced its board chair and the head of its commercial airplane unit in the shakeup. Boeing's new chairman, Steve Mollenkopf, told shareholders at the company's annual meeting Friday that he has consulted with investors and customers on Calhoun's successor. Proxy advisor Glass Lewis had recommended that shareholders vote against Calhoun and two other board members.

Persons: Dave Calhoun, Sen, Mark Warner, Calhoun, Boeing's, Steve Mollenkopf, Glass Lewis, Max Organizations: Capitol, Boeing, Federal Aviation Administration, Justice Department Locations: Washington , DC

☆ At Justice Alito’s House, a ‘Stop the Steal’ Symbol on Display
▼ + stars: | 2024-05-16 | by ( Jodi Kantor | ) www.nytimes.com time to read: +1 min

The upside-down flag was aloft on Jan. 17, 2021, the images showed. President Donald J. Trump’s supporters, including some brandishing the same symbol, had rioted at the Capitol a little over a week before. Word of the flag filtered back to the court, people who worked there said in interviews. While the flag was up, the court was still contending with whether to hear a 2020 election case, with Justice Alito on the losing end of that decision. Their decisions will shape how accountable he can be held for trying to overturn the last presidential election and his chances for re-election in the upcoming one.

Persons: Biden, Samuel A, Alito Jr, Donald J, Trump’s, Biden’s, Justice Alito, Trump Organizations: Trump, Supreme, Capitol, The New York Times Locations: Alexandria, Va

This means mortgage rates could start to go down more substantially as we approach the fall. 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 Rates Nearly Flat (+0.02%)The average 15-year mortgage rate is 6.05%, just 2 basis points higher than last week. Mortgage rates started ticking up from historic lows in the second half of 2021 and increased over three percentage points in 2022. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: That's, you'll, It's, refinance Organizations: Federal, Federal Reserve, Zillow, FHA Locations: Chevron

☆ Sen. Mark Warner on foreign threats to U.S. election
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Mark Warner on foreign threats to U.S. electionSen. Mark Warner (D-Va.) joins 'Squawk Box' to discuss the foreign threats to the U.S. election, why he is concerned about 2024's election, and more.

Persons: Email Sen, Mark Warner, Sen Organizations: Email

☆ Mortgage demand from homebuyers drops even as interest rates pull back to April lows
▼ + stars: | 2024-05-15 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today's housing market. As a result, mortgage demand flattened at a weak pace. "While the downward move in rates benefits prospective homebuyers, mortgage rates are still much higher than they were a year ago, while for-sale inventory remains tight," Kan added. Another read on inflation will influence the next move from the Federal Reserve on interest rates. "The difference between a result of 0.2 or 0.4 is surprisingly massive when it comes to the world of interest rates.

Persons: Joel Kan, Kan, Matthew Graham Organizations: Mortgage, Treasury, Federal Reserve, Mortgage News

☆ A 20% home down payment isn't 'the law of the land,' analyst says. Here's how much people are paying
▼ + stars: | 2024-05-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Tetra Images | Tetra Images | Getty ImagesPutting 20% down is 'definitely not required'One way to reduce your monthly mortgage payment is by putting down more money and borrowing less. But for many households, trying to get a higher down payment can be challenging, said Danielle Hale, chief economist at Realtor.com. While a lower down payment is one way to "attack affordability challenges," it can be a "mixed bag," Hamrick said. With a lower down payment, you will need to borrow more from your lender, which raises the monthly cost of your mortgage, Hale said. A smaller down payment can also mean you don't qualify for a lender's best -available interest rate.

Persons: Danielle Hale, there's, SurveyMonkey, Hale, It's, Hamrick Organizations: CNBC, Department of Veterans Affairs, U.S . Department of Agriculture, Federal Housing Association Locations: U.S

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