Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.

The Bank of England has cut interest rates to 4%, taking the cost of borrowing to the lowest level for more than two years.

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The ...

The Bank of England has cut interest rates to 4%, the lowest level since March 2023, in a move set to bring some relief to mortgage borrowers, but with a warning that the path ahead is “uncertain”.