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The average long-term U.S. mortgage rate has dropped slightly to 6.74% this week, offering little respite for homebuyers ...
Fannie Mae's forecast puts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, barely down from 6.75% last week.
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
Inflation has come down in 2025 — but the latest figures are still well above the 2 per cent target and rising ...
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
Canadians are in for another Bank of Canada (BoC) interest rate announcement next week amid ongoing economic uncertainty.
Existing homeowners have also been affected by the switch from ultra-low fixed-rate mortgages to new ones, making new ...
“While Governor Bullock has said no one inflation figure will trigger a cash rate cut, if core inflation clocks in below the ...
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