Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.

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

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 ...

Millions of Canadians will renew their mortgages in 2025, many of whom will be coming off historic low rates secured during ...

How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

For first time buyers, check out the government-supported schemes to help you onto the housing ladder. These include Shared ...

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

Living the American Dream now comes with a jaw-dropping price tag of $4.4 million, up more than $1 million from the year before—and owning a home accounts for nearly a fifth of that amount.

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 ...

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

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