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 ...

These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...

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: ...

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 rose to over 7% on a 30-year fixed loan. It is the first time they have been that high since May. It is also a reminder that the days when 3% mortgages made homes more affordable ...

People are starting to load up on floating-rate mortgages again, and events in the weeks to come will either crown them as geniuses or confirm their membership in the “What was I thinking?” club.