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The Bank of Canada will hold its overnight interest rate steady at 2.75% on July 30 for the third consecutive meeting thanks ...
The US Federal Reserve kept the federal funds target rate unchanged at 4.25%–4.50% during the quarter. Read more here.
The U.S. equity market is in somewhat unusual territory in 2025, when it comes to how it’s performing compared to ...
The Bank of Japan will raise its key interest rate by at least 25 basis points by year-end, a majority of economists said in ...
Even if the economy slows and the Fed resumes interest rate cuts this summer, it will be difficult for mortgage rates to fall below 5.5% without the risk of a job-loss recession.
The average interest rate for a standard 30-year fixed mortgage is 6.81% today, a decrease of -0.06% over the last week. The average rate for a 15-year fixed mortgage is 6.02%, which is a ...
European bonds dropped for a third day as traders continued to reduce their bets on a final European Central Bank ...
30-year fixed-rate mortgages. The 30-year fixed-mortgage rate average is 6.97% today. A 30-year fixed mortgage is the most common loan term. It will often have a higher interest rate than a 15 ...
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