Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.

The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.

When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

With an ARM, many people choose to refinance due to their rate adjusting higher. However, it’s important to remember that ...

Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all mortgage ...

Mortgage demand barely moved last week as interest rates slightly increased. Demand is still better, however, than it was a ...

Today's 30-year mortgage rate is 6.625%, with 15-year rates at 5.75%. Here's how to get the best rate and what we're watching ...

Markets are predicting an 11-per cent-chance of a rate cut when the Bank of Canada makes its decision on July 30 ...

The new launch has propelled Tembo to the top of the best buy savings tables, and it now offers the best rate for a one-year ...

AIB units EBS and Haven are cutting the interest rates on non-green mortgages by up to 0.50% for new and existing customers ...