Jim Chalmers has welcomed the Reserve Bank’s third rate cut in six months, after the cash rate was cut by 25 basis points to ...

Mortgage rates would have to fall to lower than 4.5% or home prices would need to fall by 18% for housing to become ...

This, along with low interest rates, helped spark the massive homebuying spree agents saw during the year. And the market doesn’t appear to be cooling as 2021 commences, Niemic said.

The national average savings account interest rate is 0.38% as of August 8, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

With its announcement on July 30, 2025, the Bank of Canada (BoC) once again held its overnight rate at 2.75%, its third pause after seven consecutive rate cuts that started in June 2024.

Economists expect the bank to cut its benchmark rate by 200 basis points from 24% at its next rate-setting meeting on July 25, after inflation fell in June to a year-low of 15.72%. Sign up here.