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- Mortgage rates edged higher this week after two weeks of declines
Rates remain near recent lows as the market finds its footing By Mark Huffman of ConsumerAffairs December 12, 2025 The average 30-year fixed mortgage rate rose slightly to 6.22% this week but remains below both the year-to-date average of 6.62% and the 6.60% rate seen a year ago. Freddie Mac economists say lower rates compared with earlier in the year are helping restore balance, even as affordability challenges persist due to high home prices and limited inventory. The 15-year fixed mortgage rate increased to 5.54% but also remains lower than a year ago, offering modest opportunities for some buyers and homeowners who financed at higher rates last year. Mortgage rates edged slightly higher this week but remain well below their average levels for the year, offering a measure of stability for homebuyers and the broader housing market. According to… ...[TheTopNews] Read More.23 mins ago - Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans
Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of … ...[TheTopNews] Read More.32 mins ago - Grocery prices showed mixed trends in November
Coffee prices surged while cookie prices plunged By Mark Huffman of ConsumerAffairs December 12, 2025 Largest YoY price increase: Whole Bean Coffee surged +$3.17 versus November 2024. Largest MoM price increase: Whole Bean Coffee also led month-over-month gains, rising +$0.45 from October. Largest overall price drop: Cookies saw the sharpest YoY decline, plunging $3.93 compared with last year. The November ConsumerAffairs Datasembly Shopping Cart Index shows notable divergences across categories, with premium coffee products experiencing steep increases while packaged snacks and some staples saw declines. Compared with both last year and last month, inflation pressures remain uneven, highlighting shifting consumer demand and supply dynamics. The cart of 24 commonly purchased grocery items, tracked by Datasembly in real time, cost $151.10 in November, up from $150.84 in October. The cart totaled $151.77 in November 2024. Last month, the strongest upward movement… ...[TheTopNews] Read More.41 mins ago - People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS T...This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead European Transactional Liability Team DUAL Europe, the … ...[TheTopNews] Read More.52 mins ago
- Plea after girl, 13, died copying social media trend
Sonia Hopkin says her daughter had been trying to replicate videos she had seen on TikTok. ...[TheTopNews] Read More.59 mins ago - Reddit Sues Australia Over Social Media Ban, Citing Free Speech ThreatMessage board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. … ...[TheTopNews] Read More.2 hours ago
- Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry FindsThe burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made … ...[TheTopNews] Read More.2 hours ago
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