Today, the mortgage interest rate on a 30-year fixed mortgage is 6.88%, according to the Mortgage Research Center. On a ...

With interest rates for fixed rate mortgages in the high sixes, buyers wonder whether an adjustable rate may be better.

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...

Lenders want to attract borrowers who don't want to take an expensive two-year fix, but also don't want to wait five years ...

Mortgage rates usually follow how the bond market reacts to the Fed’s interest rate policy. In September 2024 when the first rate cut was announced, average rate on a 30-year mortgage briefly fell to ...

Here are The Globe and Mail’s top housing and real estate stories this week and one home worth a look.

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.

Today's rates are far from record highs, which peaked at 18.63% in October 1981. Agents are overwhelmingly optimistic about ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.

Jan to 24 Jan This week's top stories see the government release a planning paper for ‘faster, less costly’ major projects ...

Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...