These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated in the near term, and they may ...

The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...

The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...

The Bank of Canada (BOC) has implemented a series of policy interest rate cuts since June 2024. In the last quarter of 2023, ...

The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...

The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in ...

In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...

Mortgage rates are driven by investor expectations and shifts in bond yields. Overall, investors care more about the Fed's ...

If you plan to stay in your home for a while, a permanent rate buydown can help you save on interest in the long term, though ...

The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in years ...

Lenders can decide to reduce their own interest rates if decisions by the Bank of England make borrowing costs cheaper.

Each point costs 1% of the purchase price of a home and usually knocks the rate down by 0.25%. On a $400,000 home, you'd pay ...