News

Mortgage Rates Drop on Fed Day

For decades, the conventional wisdom about mortgage refinancing has been clear: You should swap loans only when mortgage ...
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
Variable-rate mortgages are generally just one rate cut away from being a few basis points cheaper than five-year fixed-rate ...
Mortgage application activity declined modestly last week despite a drop in rates, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 2.6% on a seasonally ...
The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the ...
THE Bank of England is widely expected to hold interest rates this week, in a blow to first-time buyers and homeowners. The ...
BNZ has cut some of its short-term mortgage rates to offer the equal lowest lending terms on the market among the major banks ...
A few key economic factors could have an impact on mortgage rates this summer, experts say. Here's what to know.