With interest rates for fixed rate mortgages in the high sixes, buyers wonder whether an adjustable rate may be better.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.88%, according to the Mortgage Research Center. On a ...

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...

Lenders want to attract borrowers who don't want to take an expensive two-year fix, but also don't want to wait five years ...

The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

Mortgage rates usually follow how the bond market reacts to the Fed’s interest rate policy. In September 2024 when the first rate cut was announced, average rate on a 30-year mortgage briefly fell to ...

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.

Here are The Globe and Mail’s top housing and real estate stories this week and one home worth a look.

Jan to 24 Jan This week's top stories see the government release a planning paper for ‘faster, less costly’ major projects ...

Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...

An anaemic UK economy has most traders betting that Bank of England rate-setters will have little choice but to cut the base rate from 4.75% next ...

Today's rates are far from record highs, which peaked at 18.63% in October 1981. Agents are overwhelmingly optimistic about ...