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 ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
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: ...