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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s review the data together. Purchase application data First, purchase apps is the fastest way to look for positive or negative data at higher or lower mortgage rates. Also, purchase apps are very seasonal. The volume curve comes at the start of the year and traditionally,…

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. Kevin Mohatt | ReutersFederal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they will ease back on interest rates remains an open question.A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. One gauge of consumer prices showed 12-month inflation at its lowest since February 2021, while wholesale price measures indicated…

Getty ImagesMichelle Obama (l) wore a striking scarlet Alexander McQueen dress while meeting former Chinese President Hu JintaoSir Keir Starmer and his wife Lady Victoria accepted donations of clothing so they could “look their best” to represent the UK, David Lammy has said.Asked about the donations, the foreign secretary suggested other countries had generous taxpayer-funded budgets for leaders’ clothing.It came after reports Sir Keir may have broken parliamentary rules in failing to declare clothes bought for his wife by Labour donor Lord Waheed Alli.Lammy told Sunday with Laura Kuenssberg: “US presidents and first ladies have a huge budget, paid for…

Joey Fatone That’s4Entertainment/Kristin Locurto There are no current plans for an ‘NSync reunion tour, but if anything changes, Joey Fatone has already drawn up ideas. “The hardest part about that is, I think, we all [haven’t] had our brains together in a long time,” Fatone, 47, exclusively told Us Weekly at ‘90s Con on Friday, September 13. “All of us have probably different views, different points, different ideas, completely different things [to include] … now that we have been separated as a group.” Fatone was a member of the iconic ‘90s boy band alongside Justin Timberlake, JC Chasez, Lance Bass…

An Alaska Airlines flight from Hawaii to Seattle was forced to turn back after four flight attendants felt unwell and reported an “unidentifiable odor” in the cabin.Flight AS810 took off from Lihue, Kauai, on Thursday evening, but the Boeing 737-890 soon diverted to Honolulu “out of an abundance of caution” after the crew reported an unknown odor, an Alaska Airlines spokesperson said in a statement to Business Insider.”After the aircraft safely landed, all four flight attendants were transported to the hospital for evaluation. None of the pilots and guests on board required medical attention,” they said.The Honolulu Emergency Services Department…

Oscar Piastri wins F1’s Azerbaijan Grand Prix from second on the grid as McLaren move 20 points clear of Red Bull.Oscar Piastri has won the Azerbaijan Grand Prix and sent McLaren to the top of the constructors’ standings in a race that finished with a virtual safety car after a penultimate lap collision between Ferrari’s Carlos Sainz and Red Bull’s Sergio Perez. Ferrari’s pole-sitter Charles Leclerc, who was overtaken by Piastri on the 20th of 51 laps and then battled nose-to-tail before his tyres faded, came second with George Russell inheriting third for Mercedes after the Sainz-Perez collision. Red Bull’s…

Full House creator Jeff Franklin is renting out his house for a whopping $225,000 a month!!! But more intriguing than the price — the bloody history of the property. You see, Jeff owns the estate where Charles Manson executed one of the most notorious murders in U.S. history … It was 1969, when Manson Family members descended on the home Sharon Tate was renting and slaughtered her, her unborn baby and 4 others. The house — in a somewhat remote part of Bev Hills — was torn down years after the murders and an enormous mansion was built in its…

Ransomware has long been plaguing American municipalities. It appeared to be another typical ransomware attack that impacted the city of Columbus, Ohio, this past July. The city’s response to the hack, however, was not, and it has cybersecurity and legal experts across the country questioning its motives.Connor Goodwolf (legal name is David Leroy Ross) is an IT consultant who plumbs the dark web as part of his job. “I track dark web-type crimes, criminal organizations, and stuff like what the Telegram CEO has been arrested for,” Goodwolf said.So when word got out that the city of Columbus, his hometown, had been breached,…

Twenty-four people have been killed in Haiti after a fuel tanker exploded, according to local authorities. Dozens more people have been left seriously injured – some suffering burns to 80% of their bodies, according to Haitian Prime Minister Garry Coville. The incident happened on Saturday near the commune of Miragoane, about 100km (60 miles) west from the capital Port-au-Prince.According to media reports, the tanker collided with another vehicle and began leaking fuel onto the road. The explosion happened as people were rushing to collect the spilt fuel. “It’s a horrible scene we’ve just witnessed,” Mr Coville said at Port-au-Prince airport’s…

The Chicago Bears face the Houston Texans on Sunday Night Football in Week 2 of the 2024 NFL season. This week’s prime-time matchup will be the first time the Bears and Texans have faced off since 2022. With new, young quarterbacks at the helm of both teams’ offenses, fans can expect an epic battle tonight.Watch Bears vs. Texans on SlingBoth teams are coming in hot today, having each won their opening games in Week 1. For Chicago’s part, a stunning second half performance last week helped the team recover from a 17-0 deficit to secure a 24-17 win against Tennessee. Meanwhile,…