The Bank’s benchmark rate now stands at 5% and is expected to be lowered to 4.75%, the lowest since June last year.

Economists who spoke with MarketWatch agreed that a win by Republican presidential nominee Donald Trump would usher in higher mortgage rates, as he is expected to impose tariffs on imported products, ...

Peoples Bank, a subsidiary of Peoples Group, has been operating in the Canadian financial sector for over 35 years. This ...

Interest-only mortgages are loans that allows borrowers to make interest-only payments for a set amount of time. Learn their ...

Four in 10 mortgage-holders say they have been concerned about their ability to meet their monthly repayments during the past ...

If you're thinking about buying a home soon, your choice to lock in a rate post-cut could impact your monthly payments for ...

Long term interest rates, such as mortgage rates overall, Zandi said, would end up higher because Trump's tariff, immigration and tax policies would fuel inflation and bigger budget deficits.

You shouldn't rush into a home purchase (even if rates are falling) if it doesn't make sense for your budget or lifestyle.

Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.

One of the big unknowns confronting the commercial real estate debt markets in late 2024 is whether banks will show signs of ...

The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...

Since the Federal Reserve cut its prime lending rate the third week of September, average interest rates have ticked upward on a 30-year, fixed-rate mortgage, to 6.72 percent entering November. That ...