Even though interest rates are higher than they were a few years ago, both new homebuyers and current homeowners looking to refinance can secure a good rate today. Plus, borrowers may soon see ...

However, rates experienced some relief in recent weeks, offering a glimmer of hope for prospective buyers ahead of spring home-buying season. Over the month of February 2025, the 30-year fixed ...

US mortgage rates declined last week to an almost three-month low, sparking lending activity for home refinancing and purchases in a welcome sign for the struggling housing market. The contract ...

John Hawkins was formerly a senior economist at the Reserve Bank. The Reserve Bank cut official interest rates on Tuesday, the first decrease in four years, saying inflationary pressures are ...

The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said it will take a "gradual and careful ...

The Bank of England cut interest rates on 6 February from 4.75 per cent to 4.5 per cent. The decision came as little surprise to financial markets, with the 0.25 basis point cut widely predicted ...