Tuesday, 13 August 2024 () "The Bachelor" has a new face to lead the show's next season ... but it's someone you may already be familiar with. On Monday night, ABC announced Grant Ellis -- one of the participants from this season of "The Bachelorette" -- will be the lead for…
ABC just announced the leading man for the newest season of 'The Bachelor.' ABC has picked Grant Ellis of Jenn Tran's season of 'The Bachelorette' to hand out roses for season 29, making history as the second ever Black bachelor to lead the hit reality dating series.
Jimmy Kimmel and John Mulaney have both passed on hosting the 2025 Oscars. ABC is said to have made offers to both Kimmel and Mulaney, both of whom passed on the job, as first reported by Puck News. Kimmel, ABC's late-night host, was offered the job first. He's already emceed the Academy Awards four times, including the last two years, but he ultimately said no.
Credit: The Hollywood Reporter Duration: 01:39Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
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Credit: The Hollywood Reporter Duration: 01:24Published