Mortgage Rates Hit 7% as Iran War Fallout Crushes a Weak Housing Market

New York Times - Sep 24, 2026

The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.

Read full article

More News

After a Summer of Disruptions, Here Are the 7 New Rules for Air Travel

Sep 24, 2026

After a Summer of Disruptions, Here Are the 7 New Rules for Air Travel

Flight delays and cancellations brought on by weather, technology glitches and other issues offer a lesson: Be prepared and be flexible.

A Weary Hollywood Celebrates the Prospect of Federal Funding

Sep 24, 2026

A Weary Hollywood Celebrates the Prospect of Federal Funding

In response to an exodus of movie and TV production, a bill is being introduced in Congress that would use tax credits to subsidize filming in the United States.

Bond Markets Are on Edge and Oil Prices Rise

Sep 24, 2026

Bond Markets Are on Edge and Oil Prices Rise

The rise came a day after a sharp sell-off in government debt.

Canada Goose Is Ensnared in Trump’s Tariff War With Canada

Sep 24, 2026

Canada Goose Is Ensnared in Trump’s Tariff War With Canada

The United States is a key market for brands that manufacture jackets and parkas in Canada, such as Canada Goose and Moose Knuckles.

A.I. Safety Concerns Go Global

Sep 24, 2026

A.I. Safety Concerns Go Global

The Australian government is the latest victim of a hack by artificial intelligence tools, adding to growing worries about the technology.

Battle of Hospital A.I. vs. Insurer A.I. Is Pushing Medical Costs Higher

Sep 24, 2026

Battle of Hospital A.I. vs. Insurer A.I. Is Pushing Medical Costs Higher

The use of artificial intelligence by hospitals and health insurers is escalating their longstanding feud over paying for medical care.

In a Race With China, German Robots Are Outnumbered 14 to 1

Sep 24, 2026

In a Race With China, German Robots Are Outnumbered 14 to 1

A decade after the sale of Germany’s Kuka, Europe is seeking to shift into a higher gear to unlock the potential in robotics and artificial intelligence.

Tories would prevent long-term jobless spending benefits on alcohol and cigarettes

Sep 24, 2026

Tories would prevent long-term jobless spending benefits on alcohol and cigarettes

The proposals would also see benefits cut for people who are able to work but have failed to hold down a job.

Rolls-Royce signs 'multi-million' engine deal

Sep 24, 2026

Rolls-Royce signs 'multi-million' engine deal

The order will see 18 engines built and maintained by the company from its Derby aerospace centre.

What to think about when buying travel insurance

Sep 24, 2026

What to think about when buying travel insurance

Consumer expert Harry Kind walks through what to do when buying travel insurance.

Abortion Pills, Vaccines and Food Safety: F.D.A. Nominee Heidi Overton Faces Senate Confirmation Hearing

Sep 24, 2026

Abortion Pills, Vaccines and Food Safety: F.D.A. Nominee Heidi Overton Faces Senate Confirmation Hearing

Dr. Heidi Overton has called mifepristone “dangerous to women.” As a White House aide, she worked to reduce the number of vaccines recommended for children.

The ‘Monster’ Behind Russia’s Global Effort to Evade Western Sanctions

Sep 24, 2026

The ‘Monster’ Behind Russia’s Global Effort to Evade Western Sanctions

A Moscow firm uses shell companies and cryptocurrency to launder money, and a custom app to forge trade records, to help Russia bypass sweeping financial restrictions.

Recommended

Terms
Privacy Policy
Press
Advertisement
Contact
The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.

Copyright © 2015 - 2026 The Budget Report. All Rights Reserved.