The Bank of Canada's aggressive December rate cut should add fuel to Canada's re-ignited housing market.
The Bank of Canada has lowered its overnight interest rate by 50 basis points, making a second consecutive oversized cut in response to a spike in ...
The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to 3.25%. This marks the fifth consecutive rate cut this year.
These are today's mortgage and refinance rates. Economists expected today's CPI to show inflation is up, so mortgage rates inclined.
Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.
When the Federal Reserve reduced the federal funds rate by 0.5 percentage points in September, many market observers expected mortgage rates would also ...
Today's inflation data opens the door for another Fed rate cut this month. Here's what that means for mortgage rates.
As long as inflation slows, the Fed will likely continue lowering the federal funds rate throughout 2025. This should allow mortgage rates to ease. But if ...
Loan applications increase as borrowers respond to a decline in 30-year fixed-rate mortgage.