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Month: November 2022

Mortgage rates rise back above 7%

By Anna Bahney, CNN Business Mortgage rates have jumped back above 7%, after dropping last week. The 30-year fixed-rate mortgage averaged 7.08% in the week ending November 10, up from 6.95% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate stood at 2.98%. Mortgage rates have risen throughout most of

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How Fetterman flipped Pennsylvania

By Dan Merica and Gregory Krieg, CNN When John Fetterman’s team told him he was going to be Pennsylvania’s next senator late into Election Night, the Democrat laughed. He smirked. Then, struck by the emotional end of a campaign that included a near-fatal stroke just five months ago, Fetterman wept. Soon, he was standing up

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