The Bank of Canada’s target rate directly influences borrowing costs, including the prime rate used by banks to set mortgage ...

When the Great Recession hit, older boomers were preparing to retire while millennials were entering the workforce.

Mortgage rates edged down again this week, offering potential buyers a sliver of relief as the U.S. housing market continues ...

Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower ...

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...

Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...

Despite four BOE rate cuts since July 2024, UK households are £11B worse off as savings fall and mortgage relief lags.

Bloomberg’s review of Bank of England data showed that despite four rate cuts since July last year and more likely to come, ...

If news about inflation, trade, the Federal Reserve and jobs has you confused and you’re not sure what to make of the US economy, don’t worry: You’re in good company.

Employment came in below estimates, which some economists expect could move the bond market in ways that affect loan costs ...

Pending home sales dropped again as high rates and prices keep the US housing market frozen in 2025. Relief may not come for ...

The average 30-year fixed rate mortgage was 6.66% yesterday, a decrease of 0.02% since the day before. The 15-year fixed mortgage rate stood at 5.68%, up by 0.01%. The 30-year FHA mortgage averaged ...