Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Heading into today's Fed announcement, we didn't expect to receive any significant surprise on the stance of monetary policy.
Here’s the Bank of Canada’s official statement for its rate decision: ...
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is ...
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
TD Bank is planning to sell around $9 billion in residential mortgages as it works to adjust its balance sheet and meet an ...
Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can keep going ...
President Trump's economic agenda could have a downstream impact on mortgage rates. Generally, the expert consensus points to higher rates as a result of Trump administration policy proposals.