‘Severe’ geomagnetic storm could make northern lights visible in southern US
NASA’s Solar Dynamics Observatory (SDO) captured this image of an X5.8 solar flare peaking at 9:23 p.m. EDT, May 10, 2024. (NASA)
(NEW YORK) — A strong geomagnetic storm could soon interact with Earth’s atmosphere, bringing the potential for northern lights displays to be seen much further south in the continental U.S., according to space weather experts.
A Coronal Mass Ejection (CME) — a massive burst of solar material and magnetic field from the sun’s outer atmosphere — that occurred on Sunday is expected to reach Earth within the next 24 hours, according to the National Oceanic and Atmospheric Administration’s Space Weather Prediction Center and the U.K.’s Met Office.
Strong (G3) or severe (G4) geomagnetic storm conditions could occur as a result of the CME, including auroras that extend as far south as Alabama and northern California.
Northern light displays occur when a solar flare interacts with the atoms and molecules in Earth’s atmosphere.
As the solar flare clashes with the upper atmosphere, it causes the atoms to emit a glow, creating a spectrum of light in the night sky.
Whether the auroras will actually be visible will depend on how the CME arrives, the magnetic orientation of the CME’s magnetic field and how cloudy it is locally.
The best time to see the northern lights in the U.S. is generally between 10 p.m. and 4 a.m. local time, and traveling to the darkest location possible is recommended for the best viewing, according to NOAA.
The storm could also impact power systems, spacecraft operations, radio frequencies and satellite navigation.
Geomagnetic storms are ranked on a scale of 1 to 5. A G3 storm could require voltage corrections on power systems and cause intermittent satellite navigation and low-frequency radio navigation problems, according to NOAA.
Under a G4 storm, possible widespread voltage control problems and other issues on power grids could occur, as could increased satellite navigation and low-frequency radio navigation problems.
Spacecrafts could also experience surface charging and tracking problems.
The sun’s magnetic field reached its solar maximum phase of its 11-year cycle in October 2024 and has continued to emit strong solar flares and geomagnetic storms, leading to an increase in aurora displays.
Intense magnetic activity caused by sunspots are expected to last through 2026, according to NOAA.
NOAA is currently analyzing the data for the most recent CME.
President Donald Trump attends the signing ceremony of the Peace Charter for Gaza as part of the 56th World Economic Forum in Davos, Switzerland on January 22, 2026. (Harun Ozalp/Anadolu via Getty Images)
(NEW YORK) — Mortgage rates whipsawed in recent weeks as markets reacted to a flurry of policies from the Trump administration.
It began with a major milestone. Mortgage rates earlier this month fell below 6% for the first time in nearly three years, according to a data released by Mortgage News Daily.
“The progress stems directly from President Trump’s aggressive agenda to restore the American Dream of homeownership,” the White House touted in a statement on Jan. 12. The Trump administration cited its announcement days earlier, calling on government-sponsored mortgage lenders to purchase $200 billion in mortgage-backed securities.
Within little more than a week, however, mortgage rates had climbed to 6.21%, responding to rattled bond markets and erasing the previous reduction. The uptick came as Trump issued a tariff threat to European allies over his demands to acquire Greenland at the time. When Trump backed off of that levy soon afterward, mortgage rates fell but remained above previous lows, Mortgage News Daily data showed.
The volatility in mortgage rates underscored the risks posed by recent trade tensions, which threaten to push up Treasury yields and, in turn, drive mortgage rates higher, some analysts told ABC News.
Still, they added, mortgage rates will likely face downward pressure this year from anticipated interest-rate cuts at the Federal Reserve, and Trump may take further steps of his own to reduce borrowing costs.
“President Trump is certainly not sitting back and doing nothing,” Susan Wachter, a professor of real estate at University of Pennsylvania’s Wharton School of Business, told ABC News.
“Some of it is big things on the international front, which are potentially destabilizing. And there’s an attempt to do anything and everything for the affordability of housing,” Wachter added.
To be sure, average 30-year mortgage rates have dropped from 7.08% to 6.17% since Trump took office, according to Mortgage News Daily. That drop-off owes in part to a post-pandemic cooldown of inflation, which allowed the Federal Reserve to begin lowering interst rates.
In a social media post earlier this month, Trump said lower mortgage rates would “make the cost of owning a home more affordable. It is one of my many steps in restoring Affordability.”
Mortgage rates closely track the yield on a 10-year Treasury bond. Since bonds pay a given investor a fixed amount each year, the specter of inflation risks higher prices that would eat away at those annual payouts. In turn, bonds often become less attractive in response to economic turmoil. When demand falls, bond yields rise.
U.S. Treasury yields jumped last week in the aftermath of Trump’s tariff threat over Greenland, which appeared to presage a possible trade war with several European allies.
The 10-year Treasury yield climbed as high as 4.3% in the aftermath of Trump’s threat, before dropping steadily down to 4.21% as Trump withdrew the levy and backed negotiations over Greenland, MarketWatch data showed.
As tensions rose in response to Trump’s tariff threat, some major U.S. bondholders in Europe appeared poised to sell. A Danish pension fund, AkademikerPension, said last Tuesday it would unload U.S. treasuries by the end of the month. It remains unclear whether other European bondholders will follow suit, especially after Trump’s reversal on tariffs.
If a substantial share of U.S. bondholders were to sell off their assets, it would slash demand and push up bond yields, some analysts said.
Since 30-year mortgage rates and other key interest rates track the yield on 10-year treasury bonds, a selloff of treasuries could bring about higher monthly payments for home loans, Raymond Robertson, a professor of trade, economics and public policy at Texas A&M University, told ABC News.
“It’s a pretty big concern,” Robertson said.
Marc Norman, associate dean at the New York University School of Professional Studies and Schack Institute of Real Estate, said bondholders are evaluating the reliability of U.S. government debt.
“Basically, it’s a bet on the U.S. government,” Norman told ABC News. “If that becomes unstable and people lose trust, it could have a big effect.”
Despite the uptick in mortgage rates in recent weeks, borrowing costs for homebuyers remain markedly lower than where they stood a year ago.
Analysts attributed the drop to a series of interest rate cuts at the Fed, as well as Trump’s order calling on Fannie Mae and Freddie Mac to buy hundreds of billions of dollars in mortgage-backed securities. After the order, Bill Pulte, the head of the Federal Housing Finance Agency, instructed Fannie Mae and Freddie Mac to up their bond investments in an effort to put downward pressure on mortgage rates, the Associated Press reported last week.
By ordering a federal agency to buy up some mortgage-backed securities, the Trump administration helped increased demand for the underlying loans, which pushed bond yields lower, Wachter said.
“This mortgage bond proposal is not a big move but it makes a difference,” Wachter added. Wachter said she expects mortgage rates to fall further over the course of this year, though she acknowledged ongoing risk: “Investors don’t like uncertainty.”
Still, Wachter said, “If you’re looking to buy a home, today is as good a day as any.”
If homebuyers move forward with a purchase but later find that mortgage rates have continued to fall, they can opt to refinance their homes. “The old saying is, ‘You marry the home and you date the mortgage,'” Wachter said.
Ice chunks float in the Hudson River in front of the skyline of midtown Manhattan and the Empire State Building in New York City as seen from Hoboken, New Jersey, Jan. 26, 2026. (Gary Hershorn/ABC News)
The details are not yet clear, but here is what the forecast shows so far:
On Friday afternoon and night, a low-pressure system may bring snow to parts of Tennessee and Kentucky.
On Saturday, snow is expected from Georgia to Maryland. Snow totals are not yet clear, but everyone along the coast from Atlanta to Baltimore should be prepared for heavy snow.
Major travel impacts are possible on Saturday at Charlotte Douglas International Airport in North Carolina.
Strong, potentially damaging winds are also possible in Alabama, Georgia, and Florida.
On Sunday, the storm could take two paths.
If it heads out to sea, Sunday will be mostly dry for the East Coast, though gusty winds and coastal erosion will still be possible.
If the system hugs the coast, a nor’easter will bring snow to coastal areas of the Mid-Atlantic and Northeast. The snow would hit most of Sunday and end overnight into Monday.
(NEW YORK) — A winter storm brought the first big batch of snow and ice to parts of the Midwest and South on Monday, and now that same storm is bringing ice to parts of Appalachia and heavy snow to the inland Northeast on Tuesday.
On Monday, the Kansas City area saw 3 to 5 inches of snow, while Louisville recorded around 3 inches of snow. St. Louis, Missouri, and Indianapolis both recorded about 2 to 4 inches of snow.
A glaze of ice wreaked havoc on roads in places like Oklahoma and Arkansas on Monday, and on Tuesday, that ice will be a major threat for cities including Boone, North Carolina, and Roanoke, Virginia.
On Tuesday, Ohio, West Virginia, Pennsylvania and western New York could see 2 to 4 inches of snow.
Winter weather advisories are in place in northern Pennsylvania and central New York, where 4 to 6 inches of snow is possible.
New Jersey Gov. Phil Murphy declared a state of emergency in several counties.
“With snow and rain in the forecast, we urge all New Jerseyans to be cautious of icy roads and walkways,” he warned on social media on Tuesday.
Cities directly along the East Coast will be warmer and will likely only get rain, but there is a brief chance for a morning wintry mix around Washington, D.C., that could cause disruption on roads.
A winter storm warning is in place from northeast Pennsylvania to central Maine, where more than 6 inches of snow is in the forecast. Some spots could even see snow totals of 9 to 12 inches.
By Tuesday night, the rain will be ending in New York City but ongoing in Boston, while snow will still falling from Albany, New York, through Maine.
