Latest news with #Walpole
CTV News
17 hours ago
- Business
- CTV News
U.S. 30-year mortgage rate dropped last week, refi applications surged
A for sale sign hangs in front of a house in Walpole, Mass. U.S. ( AP / Steven Senne) The interest rate for the most popular U.S. home loan dropped to 6.67 per cent last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in cheaper financing on existing mortgages but doing relatively little to draw new homebuyers into the market. The average contract rate on a 30-year fixed-rate mortgage fell 10 basis points in the week ended Aug. 8, the Mortgage Bankers Association said on Wednesday. Refinance applications jumped 23 per cent to a four-month high. But purchase applications rose just one per cent. The Federal Reserve has left short-term borrowing costs unchanged all year as U.S. central bankers worry the Trump administration's tariffs could push up on inflation that's already stuck above their two per cent goal. The still-elevated mortgage rates along with high and rising home prices have been discouraging homebuyers. Existing home sales dropped to a nine-month low in June. In recent weeks, however, a number of U.S. central bankers have voiced concerns about the labor market and signaled they are increasingly open to lowering interest rates. Financial markets are betting the Fed will start cutting rates in September, especially after data released Tuesday showed year-over-year consumer inflation in July was 2.7 per cent, no higher than it was a month earlier, despite a rise in goods prices that looked to be driven by higher import duties. Some Fed officials, including Kansas City Fed President Jeffrey Schmid, remain skeptical about the wisdom of cutting rates. There are still several important economic reports due before the Fed's September policy meeting, including on inflation and on the state of the job market, where job gains have cooled but the unemployment rate is at a relatively low 4.2 per cent. Mortgage rates fell substantially over the summer before the last time the Fed cut interest rates after a long holding period, in September 2024. At that time, a weakening labor market prompted a bigger-than-usual half-point reduction to its policy rate. (Reporting by Ann Saphir; Editing by Leslie Adler)
The Irish Sun
04-08-2025
- The Irish Sun
Evil monster who beat his grandad, 81, to death before boasting about horrific crime in pub is jailed
Thug captured on CCTV glassing pub-goer who confronted him LOCKED UP Evil monster who beat his grandad, 81, to death before boasting about horrific crime in pub is jailed A MONSTER who beat his grandad to death before boasting about his horrific crimes in a pub has been jailed. Jakob Walpole, 33, left "internationally renowned" Jaguar restoration expert John Brown, 81, with a bleed on the brain. Advertisement 5 Jakob Walpole has been jailed for killing his grandad Credit: PA 5 John Brown was beaten to death at home Credit: PA 5 Walpole was later filmed glassing a pub-goer after he boasted about his crimes Credit: Warwickshire Police He then headed to a working men's club in Bulkington, Warwickshire, where he was captured on CCTV glassing a punter who confronted him for boasting about the twisted killing. Walpole has now been jailed for 15 years after he was found guilty of manslaughter. Judge Kristina Montgomery KC sentenced him and said: "(Mr Brown) was an exceptionally small man in deteriorating physical health who had been diagnosed with dementia. "Your visits (to Mr Brown's home) were made to exploit his love… by taking money from both your grandparents to fund your lifestyle. You were an intimidating and persistent nuisance in their lives." Advertisement Evil Walpole repeatedly told his mum Lynda Brown to "shut up" from the dock as she read a victim impact statement. Lynda said: "The tears we have shed could fill buckets and I live with the knowledge my son caused the death of my beloved father. "Even though he's been in prison, we are still in fear. Mum is terrified he will be back knocking at the door or her bedroom window. "She lives in this fear constantly and we fear the day he's released again." Advertisement Warwick Crown Court was told the killer spent November 23 drinking before heading to Coventry City's ground to watch the football. He then went to his grandad's home to demand more money from the pensioner, who had recently been diagnosed with dementia. Concerns about Walpole's "deteriorating behaviour" had led to a security camera being installed at the bungalow. At the time, the killer was subject to a restraining order blocking contact with John. Advertisement Haunting footage from the security camera showed the OAP pleading for help before he was bludgeoned to death. Walpole then headed to the working men's club where he continued his violent spree. Dennis Hopson had confronted the killer for openly speaking about the brutal attack on John. Walpole then smashed a pint glass over the back of the victim's head causing cuts to his ear, neck and head. Advertisement He also punched a barman in the face as he was frogmarched out of the pub. Police were later scrambled to John's home after his daughter raised the alarm and discovered him "dazed and confused" with significant injuries. The pensioner was rushed to hospital but tragically passed away six days later. Walpole, who was cleared of murder, was also convicted of breaching a restraining order, ABH and common assault. Advertisement Detective Inspector Gareth Unett, who led the investigation, said: 'John Brown was a kind, gentle, hardworking man whose loss has left a huge void in the lives of his loved ones and friends. 'Not only was he loved greatly by all those around him, he was known internationally as one of the best restorers of classic Jaguars. 'The legacy he leaves is not only in the love and generosity he showed to those around him, but also in the countless classic cars that will survive for generations more thanks to his work. 'Walpole's attack on his grandfather, who had shown him nothing but kindness and generosity, was an act of cowardice and brutality that, in decades of policing, I struggle to find a comparison for. Advertisement 'His later attack in the working men's club only serves as further confirmation that Walpole is a danger to decent, peaceful, law-abiding people." 5 Walpole was captured arriving at John's bungalow Credit: Warwickshire Police
Scottish Sun
04-08-2025
- Scottish Sun
Evil monster who beat his grandad, 81, to death before boasting about horrific crime in pub is jailed
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MONSTER who beat his grandad to death before boasting about his horrific crimes in a pub has been jailed. Jakob Walpole, 33, left "internationally renowned" Jaguar restoration expert John Brown, 81, with a bleed on the brain. Sign up for Scottish Sun newsletter Sign up 5 Jakob Walpole has been jailed for killing his grandad Credit: PA 5 John Brown was beaten to death at home Credit: PA 5 Walpole was later filmed glassing a pub-goer after he boasted about his crimes Credit: Warwickshire Police He then headed to a working men's club in Bulkington, Warwickshire, where he was captured on CCTV glassing a punter who confronted him for boasting about the twisted killing. Walpole has now been jailed for 15 years after he was found guilty of manslaughter. Judge Kristina Montgomery KC sentenced him and said: "(Mr Brown) was an exceptionally small man in deteriorating physical health who had been diagnosed with dementia. "Your visits (to Mr Brown's home) were made to exploit his love… by taking money from both your grandparents to fund your lifestyle. You were an intimidating and persistent nuisance in their lives." Evil Walpole repeatedly told his mum Lynda Brown to "shut up" from the dock as she read a victim impact statement. Lynda said: "The tears we have shed could fill buckets and I live with the knowledge my son caused the death of my beloved father. "Even though he's been in prison, we are still in fear. Mum is terrified he will be back knocking at the door or her bedroom window. "She lives in this fear constantly and we fear the day he's released again." Warwick Crown Court was told the killer spent November 23 drinking before heading to Coventry City's ground to watch the football. He then went to his grandad's home to demand more money from the pensioner, who had recently been diagnosed with dementia. Concerns about Walpole's "deteriorating behaviour" had led to a security camera being installed at the bungalow. At the time, the killer was subject to a restraining order blocking contact with John. Haunting footage from the security camera showed the OAP pleading for help before he was bludgeoned to death. Walpole then headed to the working men's club where he continued his violent spree. Dennis Hopson had confronted the killer for openly speaking about the brutal attack on John. Walpole then smashed a pint glass over the back of the victim's head causing cuts to his ear, neck and head. He also punched a barman in the face as he was frogmarched out of the pub. Police were later scrambled to John's home after his daughter raised the alarm and discovered him "dazed and confused" with significant injuries. The pensioner was rushed to hospital but tragically passed away six days later. Walpole, who was cleared of murder, was also convicted of breaching a restraining order, ABH and common assault. Detective Inspector Gareth Unett, who led the investigation, said: 'John Brown was a kind, gentle, hardworking man whose loss has left a huge void in the lives of his loved ones and friends. 'Not only was he loved greatly by all those around him, he was known internationally as one of the best restorers of classic Jaguars. 'The legacy he leaves is not only in the love and generosity he showed to those around him, but also in the countless classic cars that will survive for generations more thanks to his work. 'Walpole's attack on his grandfather, who had shown him nothing but kindness and generosity, was an act of cowardice and brutality that, in decades of policing, I struggle to find a comparison for. 'His later attack in the working men's club only serves as further confirmation that Walpole is a danger to decent, peaceful, law-abiding people." 5 Walpole was captured arriving at John's bungalow Credit: Warwickshire Police
Daily Mirror
04-08-2025
- Daily Mirror
Jakob Walpole who killed own vulnerable grandad after 'drinking all day' is jailed
A grandson has been jailed for killing his own grandad and attacking two other men at a working men's club after drinking all day. Jakob Walpole was cleared of murdering frail John Brown but was convicted of his manslaughter by jurors at Warwick Crown Court last week. The jury heard well-known Jaguar restoration expert Mr Brown, 81, was attacked in his own home. He suffered head injuries and died in hospital six days later. A three-week trial was told security cameras in the victim's bungalow provided important evidence of the defendant's responsibility for the killing. Prosecutor Michael Duck KC told jurors Walpole had been 'drinking throughout the day' and committed two assaults at Bulkington Working Men's Club around an hour after attacking his grandfather on the night of November 23 last year. Today he was jailed for a total of 15 years. Mr Duck said: 'John Brown is Jakob Walpole's grandfather. He was a frail man and he had recently been diagnosed with the early stages of dementia. He was plainly a vulnerable individual and the evidence will demonstrate that this defendant was acutely aware of that.' Mr Brown was well known in the local community, having run a successful car panel and body repair business due to his expertise in respect of vintage cars, the court heard. Walpole had engaged in a 'very significant day of drinking', having bought a small bottle of vodka from a shop in Bulkington at about 9am, before attending a match at Coventry City's home stadium in the afternoon, the court heard. After attacking his relative, he went on to smash a glass over the back of a working men's club customer's head in an incident caught on the 'clearest possible' CCTV footage. Walpole then made 'physical and direct contact' with a bar worker as he was physically removed from the club. The court heard relatives had expressed concern about Walpole's 'deteriorating' behaviour since the Covid pandemic, leading to Mr Brown's daughter installing security cameras at her parents' home in St James Gardens, Bulkington. Jurors were asked to evaluate whether or not Walpole intended really serious harm in considering the murder charge, after watching CCTV images of Mr Brown making a 'haunting' video gesturing towards the camera for help before the attack. Mr Duck said the jury 'may think it was a gesture of desire for assistance'. The prosecutor said at the beginning of the trial: 'The reality is that on the 23rd of November, in drink, Jakob Walpole descended to a tirade of violence.' Commenting after the case, Natalie Kelly, from the Crown Prosecution Service, said: 'Jakob Walpole carried out a senseless and brutal attack on his own grandfather who had tried to help him. He showed no concern or remorse following the attack. "Rather than call for help, he callously left his vulnerable and elderly grandfather severely injured and went to a local pub where he assaulted two further elderly victims. Everyone who knew Mr Brown saw how much he did for his grandson, often going out of his way to care and support him – but Walpole simply took advantage of his kindness. 'We were able to prove this case using comprehensive evidence including CCTV footage, mobile phone evidence and messages which clearly demonstrated Walpole's violent intentions and actions. While this conviction ensures Walpole is held accountable for his actions, the family have been left with a deep and lasting pain that no justice can erase.' Detective Inspector Gareth Unett, who led the investigation for Warwickshire Police, said: 'John Brown was a kind, gentle, hardworking man whose loss has left a huge void in the lives of his loved ones and friends. Not only was he loved greatly by all those around him, he was known internationally as one of the best restorers of classic Jaguars. 'The legacy he leaves is not only in the love and generosity he showed to those around him, but also in the countless classic cars that will survive for generations more thanks to his work. Walpole's attack on his grandfather, who had shown him nothing but kindness and generosity, was an act of cowardice and brutality that, in decades of policing, I struggle to find a comparison for. 'His later attack in the working men's club only serves as further confirmation that Walpole is a danger to decent, peaceful, law-abiding people. Our thoughts remain with Mr Brown's family, in what is a terribly sad case. They have shown dignity and respect in the most challenging of circumstances.'
Metro
04-08-2025
- Metro
Man jailed for 15 years after beating his granddad to death in rampage
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video A man has been sentenced to 15 years in prison for beating his own grandfather with dementia to death in an alcohol-fuelled rampage. Jakob Walpole already had a restraining order, which was supposed to stop him from visiting his 'vulnerable and elderly' grandfather, John Brown, when he launched the attack on November 23 of last year. Just 11 days before the fatal attack, Walpole, 33, arrived drunk at his grandparents' house in Bulkington, near Coventry, banging on the windows and threatening to kill his 81-year-old grandfather. The family had concerns about Walpole's behaviour, which had been deteriorating since the coronavirus pandemic, and security cameras had already been installed at his grandparents' home. Despite John's dementia diagnosis and his offers to help, Walpole brutally attacked his own grandfather while demanding money. John, a well-known Jaguar car expert, was left with significant facial injuries and bleeding on the brain after the attack. He died in the hospital five days later. Callously, Walpole then left his grandfather seriously injured and instead went to Bulkington Working Men's Club, where he bragged about what he'd done. He attacked two other people after being asked to calm down, smashing a glass over a customer's head before assaulting a bar worker as he was physically removed from the pub. After a trial, Walpole was found guilty of manslaughter, assault by beating, breaching a restraining order, and assault occasioning actual bodily harm. He was found not guilty of murder. He has since returned to Warwick Crown Court, where he was sentenced to 15 years in prison. Speaking when Walpole was found guilty, Natalie Kelly from the Crown Prosecution Service said: 'Jakob Walpole carried out a senseless and brutal attack on his own grandfather, who had tried to help him. He showed no concern or remorse following the attack. 'Rather than call for help, he callously left his vulnerable and elderly grandfather severely injured and went to a local pub where he assaulted two further elderly victims. 'Everyone who knew Mr Brown saw how much he did for his grandson, often going out of his way to care and support him – but Walpole simply took advantage of his kindness. 'We were able to prove this case using comprehensive evidence, including CCTV footage, mobile phone evidence and messages which clearly demonstrated Walpole's violent intentions and actions. 'While this conviction ensures Walpole is held accountable for his actions, the family have been left with a deep and lasting pain that no justice can erase.' John's loved ones paid tribute to him, calling him a 'pillar of the community'. Detective Inspector Gareth Unett of Warwickshire Police said: 'John Brown was a kind, gentle, hardworking man whose loss has left a huge void in the lives of his loved ones and friends. 'Not only was he loved greatly by all those around him, but he was also known internationally as one of the best restorers of classic Jaguars. 'The legacy he leaves is not only in the love and generosity he showed to those around him, but also in the countless classic cars that will survive for generations more thanks to his work. More Trending 'Walpole's attack on his grandfather, who had shown him nothing but kindness and generosity, was an act of cowardice and brutality that, in decades of policing, I struggle to find a comparison for. 'His later attack in the working men's club only serves as further confirmation that Walpole is a danger to decent, peaceful, law-abiding people. 'Our thoughts remain with Mr Brown's family, in what is a terribly sad case. They have shown dignity and respect in the most challenging of circumstances.' Got a story? Get in touch with our news team by emailing us at webnews@ Or you can submit your videos and pictures here. For more stories like this, check our news page. Follow on Twitter and Facebook for the latest news updates. You can now also get articles sent straight to your device. Sign up for our daily push alerts here. MORE: Baby girl, 1, dies in hospital after suffering injuries on the Isle of Wight MORE: Girl, 2, found stuffed in suitcase after bus driver saw it moving MORE: First picture of man, 26, stabbed to death on his doorstep in Lewisham
