The Brief

You might expect that mortgage rates would be falling right now after the Federal Reserve cut interest rates by a half-point last month.

Instead, mortgage rates jumped higher. The latest data from Freddie Mac showed that the average 30-year mortgage rate had increased to 6.4%, more than a quarter-point higher than it was two weeks ago.

The news is probably an unwelcome surprise to the folks who had been hoping for lower interest rates to finally come off the sidelines and start shopping for a home.

Here’s what’s going on — and what it means for those trying to buy a home now.

The Fed doesn’t set mortgage rates

Here's the thing: The Fed can influence mortgage rates but it doesn't set them.

Instead, mortgage rates mainly follow a different number: the yield on 10-year Treasury bonds. That yield has gone up recently for a number of reasons, including because investors are expecting the Fed to be a little more cautious in cutting rates after the jumbo-sized cut last month.

But it's not just the 10-year Treasury yield influencing mortgage rates.

The mortgage lender needs to cover its costs and make a profit, so it adds its own percentage on top, for example. And the specific mortgage rate that you get will depend on your own factors, like your credit score and the size and type of loan you’re getting.

That said, despite the recent uptick, mortgage rates are still more than a full point lower than they were this time last year, falling as investors anticipated the Fed's rate cuts and factored those into the 10-year Treasury yield.

The lower mortgage rates compared to a year ago have been good for some homeowners. Lots of people have taken advantage to refinance their mortgages if they bought their homes in the last couple of years, when rates were higher.

The lower rates available now mean those homeowners can potentially save hundreds of dollars a month if they refinance.

Mortgage rates have ticked up slightly in October

Weekly average for a 30-year fixed-rate mortgage

(

Juweek Adolphe and Alyson Hurt/NPR

/

Freddie Mac

)

Where mortgage rates go from here

So where are mortgage rates headed? That's difficult to answer, since mortgage rates are affected by so many factors.

But there's one thing that experts generally agree on: They likely won't go anywhere near the levels of a few years go.

In 2019, for example, rates for a 30-year fixed-rate mortgage ranged from about 3.75% to 4.5%. And they dropped to as low as 2.65% in early 2021 as the pandemic wore on.

Many forecasts have rates near 6% at the end of this year — and falling to about 5.8% next year.

“I think the new normal is maybe 6% mortgage rate,” says Lawrence Yun, the chief economist at the National Association of Realtors. “If we are lucky, maybe we get to 5.5% mortgage rate. Or if we are unlucky, maybe the mortgage rate trends back up towards 7%.”

But Yun is confident one of thing: The days of 3% and 4% mortgage rates are over — at least in his lifetime, he says.

So what to do now?

For homebuyers, the ever-shifting rate environment can foster uncertainty: Is it better to wait for mortgage rates to fall, or start looking now?

Experts advise against trying to time the market — including when it comes to buying a home. That's for two reasons.

First, if you buy a home and then mortgage rates do fall, you can refinance your mortgage and take advantage of the lower rate. But if you wait and rates go up, it just gets harder to afford a home.

Second, home prices do tend to rise over time.

Yun says that even people who bought homes at much higher mortgage rates — like 15% in the early 1980s — have typically had those purchases turn out well, because of rising home values and the ability to refinance as rates fell.

How's the housing market looking? There's some good news

Here's a positive development for buyers: There's more inventory now. The number of homes for sale in September was 6.4% higher than a month earlier and 33.6% above a year ago, according to a report from the brokerage RE/MAX, which looked at single-family homes in 52 markets.

Meanwhile, the days a house stays on the market have been increasing — suggesting the market is getting a bit less competitive.

"I think there is more opportunity for buyers to get in there,” says Sara Briseño Gerrish, a real estate agent at RE/MAX Unlimited in San Antonio.

And there's another indicator showing fewer buyers to compete against: The number of people applying for mortgages has fallen for three straight weeks (though it's still 7% above this time last year).

But home prices remain high

Mortgage rates aren’t the only factor affecting the housing market: Home prices matter too. And, unfortunately for buyers, those remain high.

The median home price has risen about 50% since early 2020, with a major spike during the pandemic. The price increases have slowed, but prices haven't really dropped. The median existing-home sales price in August was $416,700, about 3% higher than a year earlier — showing the stickiness of high prices.

The median home price has risen almost 50% over the last 5 years

Median sales price for all homes, by month

(

Juweek Adolphe and Alyson Hurt/NPR

/

National Association of Realtors

)

The season also has an impact. Homebuying picks up in the spring and peaks in June as warm weather and the end of the school year encourage people to shop. The market typically slows in late summer and throughout the fall, reaching its slowest period during the winter.

That can make fall a good time to shop, that is, if you can find a home that fits your needs: Less competition can mean lower prices and more ability to negotiate.

Fannie Mae is predicting that home sales could be 10% higher next year, coming off the very low levels we’ve been seeing. But it could be spring before the market really picks up.

Updated January 11, 2026 at 22:01 PM ET

The 2026 Golden Globes are live Sunday night, hosted by comedian Nikki Glaser for the second year in a row.

The event begins at 8 p.m. ET / 5 p.m. PT on CBS and streaming for subscribers of Paramount+ with Showtime. (Paramount+ Essential subscribers in the U.S. can stream the event on Monday.)

Below are the nominees. This page will be updated with winners as the night goes on.

Best performance by a female actor in a supporting role in any motion picture
Winner: Teyana Taylor (One Battle After Another)
Emily Blunt (The Smashing Machine)
Elle Fanning (Sentimental Value)
Ariana Grande (Wicked: For Good)
Inga Ibsdotter Lilleaas (Sentimental Value)
Amy Madigan (Weapons)

Best performance by a male actor in a supporting role in any motion picture
Winner: Stellan Skarsgård (Sentimental Value)
Benicio del Toro (One Battle After Another)
Jacob Elordi (Frankenstein)
Paul Mescal (Hamnet)
Sean Penn (One Battle After Another)
Adam Sandler (Jay Kelly)

Best performance by a male actor in a television series – drama
Winner: Noah Wyle (The Pitt)
Sterling K. Brown (Paradise)
Diego Luna (Andor)
Gary Oldman (Slow Horses)
Mark Ruffalo (Task)
Adam Scott (Severance)

Best performance by a female actor in a television series – musical or comedy
Winner: Jean Smart (Hacks)
Kristen Bell (Nobody Wants This)
Ayo Edebiri (The Bear)
Selena Gomez (Only Murders in the Building)
Natasha Lyonne (Poker Face)
Jenna Ortega (Wednesday)

Best performance by a male actor in a supporting role on television
Winner: Owen Cooper (Adolescence)
Billy Crudup (The Morning Show)
Walton Goggins (The White Lotus)
Jason Isaacs (The White Lotus)
Tramell Tillman (Severance)
Ashley Walters (Adolescence)

Best performance by a male actor in a television series – musical or comedy
Winner: Seth Rogen (The Studio)
Adam Brody (Nobody Wants This)
Steve Martin (Only Murders in the Building)
Glen Powell (Chad Powers)
Martin Short (Only Murders in the Building)
Jeremy Allen White (The Bear)

Best podcast
Winner: Good Hang with Amy Poehler (Spotify)
Armchair Expert with Dax Shepard (Wondery)
Call Her Daddy (SiriusXM)
The Mel Robbins Podcast (SiriusXM)
Smartless (SiriusXM)
Up First (NPR)

Best original song – motion picture
Winner: "Golden" – KPop Demon Hunters
"Dream as One" – Avatar: Fire and Ash
"I Lied to You" – Sinners
"No Place Like Home" – Wicked: For Good
"The Girl in the Bubble" – Wicked: For Good
"Train Dreams" – Train Dreams

Best screenplay – motion picture
Winner: Paul Thomas Anderson (One Battle After Another)
Ronald Bronstein, Josh Safdie (Marty Supreme)
Ryan Coogler (Sinners)
Jafar Panahi (It Was Just an Accident)
Eskil Vogt, Joachim Trier (Sentimental Value)
Chloé Zhao, Maggie O'Farrell (Hamnet)

Best performance by a female actor in a motion picture – musical or comedy
Winner: Rose Byrne (If I Had Legs I'd Kick You)
Cynthia Erivo (Wicked: For Good)
Kate Hudson (Song Sung Blue)
Chase Infiniti (One Battle After Another)
Amanda Seyfried (The Testament of Ann Lee)
Emma Stone (Bugonia)

Best performance by a male actor in a motion picture – musical or comedy
Winner: Timothée Chalamet (Marty Supreme)
George Clooney (Jay Kelly)
Leonardo DiCaprio (One Battle After Another)
Ethan Hawke (Blue Moon)
Lee Byung-hun (No Other Choice)
Jesse Plemons (Bugonia)

Best performance by a male actor in a limited series, anthology series, or a motion picture made for television
Winner: Stephen Graham (Adolescence)
Jacob Elordi (The Narrow Road to the Deep North)
Paul Giamatti (Black Mirror)
Charlie Hunnam (Monster: The Ed Gein Story)
Jude Law (Black Rabbit)
Matthew Rhys (The Beast in Me)

Best performance by a female actor in a limited series, anthology series, or a motion picture made for television
Winner: Michelle Williams (Dying for Sex)
Claire Danes (The Beast in Me)
Rashida Jones (Black Mirror)
Amanda Seyfried (Long Bright River)
Sarah Snook (All Her Fault)
Robin Wright (The Girlfriend)

Cinematic and box office achievement
Winner: Sinners (Warner Bros. Pictures)
Avatar: Fire and Ash (Walt Disney Studios Motion Pictures)
F1 (Apple Original Films)
KPop Demon Hunters (Netflix)
Mission: Impossible – The Final Reckoning (Paramount Pictures)
Weapons (Warner Bros. Pictures, New Line Cinema)
Wicked: For Good (Universal Pictures)
Zootopia 2 (Walt Disney Studios Motion Pictures)

Best director – motion picture
Winner: Paul Thomas Anderson (One Battle After Another)
Ryan Coogler (Sinners)
Guillermo del Toro (Frankenstein)
Jafar Panahi (It Was Just an Accident)
Joachim Trier (Sentimental Value)
Chloé Zhao (Hamnet)

Best motion picture – animated
Winner: KPop Demon Hunters (Netflix)
Arco (Neon)
Demon Slayer: Kimetsu No Yaiba Infinity Castle (Aniplex, Crunchyroll, Sony Pictures Entertainment)
Elio (Walt Disney Studios Motion Pictures)
Little Amélie or the Character of Rain (GKIDS)
Zootopia 2 (Walt Disney Studios Motion Pictures)

Best original score – motion picture
Alexandre Desplat (Frankenstein)
Ludwig Göransson (Sinners)
Jonny Greenwood (One Battle After Another)
Kangding Ray (Sirāt)
Max Richter (Hamnet)
Hans Zimmer (F1)

Best performance by a female actor in a television series – drama
Kathy Bates (Matlock)
Britt Lower (Severance)
Helen Mirren (Mobland)
Bella Ramsey (The Last of Us)
Keri Russell (The Diplomat)
Rhea Seehorn (Pluribus)

Best motion picture – drama
Frankenstein (Netflix)
Hamnet (Focus Features)
It Was Just an Accident (Neon)
The Secret Agent (Neon)
Sentimental Value (Neon)
Sinners (Warner Bros. Pictures)

Best motion picture – musical or comedy
Blue Moon (Sony Pictures Classics)
Bugonia (Focus Features)
Marty Supreme (A24)
No Other Choice (Neon)
Nouvelle Vague (Netflix)
One Battle After Another (Warner Bros. Pictures)

Best motion picture – non-English language
It Was Just an Accident (Neon) - France
No Other Choice (Neon) - South Korea
The Secret Agent (Neon) - Brazil
Sentimental Value (Neon) - Norway
Sirāt (Neon) - Spain
The Voice of Hind Rajab (Willa) - Tunisia

Best performance by a female actor in a motion picture – drama
Jessie Buckley (Hamnet)
Jennifer Lawrence (Die My Love)
Renate Reinsve (Sentimental Value)
Julia Roberts (After the Hunt)
Tessa Thompson (Hedda)
Eva Victor (Sorry, Baby)

Best performance by a male actor in a motion picture – drama
Joel Edgerton (Train Dreams)
Oscar Isaac (Frankenstein)
Dwayne Johnson (The Smashing Machine)
Michael B. Jordan (Sinners)
Wagner Moura (The Secret Agent)
Jeremy Allen White (Springsteen: Deliver Me from Nowhere)

Best television series – drama
The Diplomat (Netflix)
The Pitt (HBO Max)
Pluribus (Apple TV)
Severance (Apple TV)
Slow Horses (Apple TV)
The White Lotus (HBO Max)

Best television series – musical or comedy
Abbott Elementary (ABC)
The Bear (FX on Hulu)
Hacks (HBO Max)
Nobody Wants This (Netflix)
Only Murders in the Building (Hulu)
The Studio (Apple TV)

Best television limited series, anthology series or motion picture made for television
Adolescence (Netflix)
All Her Fault (Peacock)
The Beast in Me (Netflix)
Black Mirror (Netflix)
Dying for Sex (FX on Hulu)
The Girlfriend (Prime Video)

Best performance by a female actor in a supporting role on television
Carrie Coon (The White Lotus)
Erin Doherty (Adolescence)
Hannah Einbinder (Hacks)
Catherine O'Hara (The Studio)
Parker Posey (The White Lotus)
Aimee Lou Wood (The White Lotus)

Best performance in stand-up comedy on television
Bill Maher (Bill Maher: Is Anyone Else Seeing This?)
Brett Goldstein (Brett Goldstein: The Second Best Night of Your Life)
Kevin Hart (Kevin Hart: Acting My Age)
Kumail Nanjiani (Kumail Nanjiani: Night Thoughts)
Ricky Gervais (Ricky Gervais: Mortality)
Sarah Silverman (Sarah Silverman: Postmortem)

Copyright 2026 NPR

DUARTE, Calif. — Veteran actor T.K. Carter, who appeared in the horror film "The Thing" and "Punky Brewster" on television, has died at the age of 69.

Carter was declared dead Friday evening after deputies responded to a call regarding an unresponsive male in Duarte, California, according to the Los Angeles County Sheriff's Department.

Police did not disclose a cause of death or other details, but said no foul play was suspected.

Thomas Kent "T.K." Carter was born Dec. 18, 1956, in New York City and was raised in Southern California.

He began his career in stand-up comedy and with acting roles. Carter had been acting for years before a breakthrough role as Nauls the cook in John Carpenter's 1982 horror classic, "The Thing." He also had a recurring role in the 1980s sitcom "Punky Brewster."

Other big-screen roles include "Runaway Train" in 1985, "Ski Patrol" in 1990 and "Space Jam" in 1996.

"T.K. Carter was a consummate professional and a genuine soul whose talent transcended genres," his publicist, Tony Freeman, said in a statement. "He brought laughter, truth, and humanity to every role he touched. His legacy will continue to inspire generations of artists and fans alike."

Copyright 2026 NPR

Downtown Los Angeles

A person in an inflatable frog suit holds a sign during a protest in Los Angeles, California on January 10, 2026 against US Immigration and Customs Enforcement (ICE) after the fatal shooting of Renee Nicole Good in Minneapolis.

(

Etienne Laurent

/

AFP via Getty Images

)

A woman holds incense during a protest in Los Angeles, California on January 10, 2026 against US Immigration and Customs Enforcement (ICE) after the fatal shooting of Renee Nicole Good in Minneapolis.

(

Etienne Laurent

/

AFP via Getty Images

)

A person holds up a sign during a protest in Los Angeles, California on January 10, 2026 against US Immigration and Customs Enforcement (ICE) after the fatal shooting of Renee Nicole Good in Minneapolis. (Photo by ETIENNE LAURENT / AFP via Getty Images)

(

Etienne Laurent

/

AFP via Getty Images

)

A person holds up a sign during a protest in Los Angeles, California on January 10, 2026 against US Immigration and Customs Enforcement (ICE) after the fatal shooting of Renee Nicole Good in Minneapolis.

(

Etienne Laurent

/

AFP via Getty Images

)

A tourist bus drives past as people protest in front of the Metropolitan Detention Center (MDC), in Los Angeles, California on January 10, 2026 against US Immigration and Customs Enforcement (ICE) after the fatal shooting of Renee Nicole Good in Minneapolis.

(

Etienne Laurent

/

AFP via Getty Images

)

Pasadena

Alison Brett (far right) of La Crescenta at the Ice Out For Good protest in Pasadena on Jan. 10, 2026.

(

Josie Huan

/

LAist

)

Casey Law of South Pasadena at Ice Out For Good protest in Pasadena on Jan. 10.

(

Josie Huang

/

LAist

)

People have been taking to the streets nationwide this weekend to protest the Trump administration's immigration enforcement tactics following the death of Renee Good in Minneapolis, a 37-year-old woman who was shot and killed by a U.S. Immigration and Customs Enforcement (ICE) officer this week.

At least 1,000 events across the U.S. were planned for Saturday and Sunday, according to Indivisible, a progressive grassroots coalition of activists helping coordinate the movement it calls "ICE Out For Good Weekend of Action."

Leah Greenberg, a co-executive director of Indivisible, said people are coming together to "grieve, honor those we've lost, and demand accountability from a system that has operated with impunity for far too long."

"Renee Nicole Good was a wife, a mother of three, and a member of her community. She, and the dozens of other sons, daughters, friends, siblings, parents, and community members who have been killed by ICE, should be alive today," Greenberg said in a statement on Friday. "ICE's violence is not a statistic, it has names, families, and futures attached to it, and we refuse to look away or stay silent."

Large crowds of demonstrators carried signs and shouted "ICE out now!" as protests continued across Minneapolis on Saturday. One of those protestors, Cameron Kritikos, told NPR that he is worried that the presence of more ICE agents in the city could lead to more violence or another death.

"If more ICE officers are deployed to the streets, especially a place here where there's very clear public opposition to the terrorizing of our neighborhoods, I'm nervous that there's going to be more violence," the 31-year grocery store worker said. "I'm nervous that there are going to be more clashes with law enforcement officials, and at the end of the day I think that's not what anyone wants."

Demonstrators in Minneapolis on Saturday, Jan. 10, 2026.

(

Sergio Martínez-Beltrán

/

NPR

)

The night before, hundreds of city and state police officers responded to a "noise protest" in downtown Minneapolis. An estimated 1,000 people gathered Friday night, according to Minneapolis Police Chief Brian O'Hara, and 29 people were arrested.

People demonstrated outside of hotels where ICE agents were believed to be staying. They chanted, played drums and banged pots. O'Hara said that a group of people split from the main protest and began damaging hotel windows. One police officer was injured from a chunk of ice that was hurled at officers, he added.

Minneapolis Mayor Jacob Frey condemned the acts of violence but praised what he said was the "vast majority" of protesters who remained peaceful, during a morning news conference.

"To anyone who causes property damage or puts others in danger: you will be arrested. We are standing up to Donald Trump's chaos not with our own brand of chaos, but with care and unity," Frey wrote on social media.

Commenting on the protests, Department of Homeland Security (DHS) spokesperson Tricia McLaughlin told NPR in a statement, "the First Amendment protects speech and peaceful assembly — not rioting, assault and destruction," adding, "DHS is taking measures to uphold the rule of law and protect public safety and our officers."

Good was fatally shot the day after DHS launched a large-scale immigration enforcement operation in Minnesota set to deploy 2,000 immigration officers to the state.

In Philadelphia, police estimated about 500 demonstrators "were cooperative and peaceful" at a march that began Saturday morning at City Hall, Philadelphia Police Department spokesperson Tanya Little told NPR in a statement. And no arrests were made.

In Portland, Ore., demonstrators rallied and lined the streets outside of a hospital on Saturday afternoon, where immigration enforcement agents bring detainees who are injured during an arrest, reported Oregon Public Broadcasting.

A man and woman were shot and injured by U.S. Border Patrol agents on Thursday in the city. DHS said the shooting happened during a targeted vehicle stop and identified the driver as Luis David Nino-Moncada, and the passenger as Yorlenys Betzabeth Zambrano-Contreras, both from Venezuela. As was the case in their assertion about Good's fatal shooting, Homeland Security officials claimed the federal agent acted in self-defense after Nino-Moncada and Zambrano-Contreras "weaponized their vehicle."
Copyright 2026 NPR