Explore the current 15-year mortgage rates, plus how to get the best rate for your needs and whether a 15- or 30-year mortgage is right for you.

When the Fed raises interest rates to control inflation, mortgage rates may increase as well. Housing Market Trends: Supply and demand dynamics in the housing market can also influence mortgage rates.

A zoom-out reveals that average mortgage interest rates topped 18% in 1981. A Look at the Current Housing Market Even adjusted for inflation , houses were much more affordable in the 1980s.

The Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at 4.25% in June. The move was widely expected in light of annual inflat ...

The homebuying process can be nerve-wracking, especially if you have bad credit. Lenders typically want to see at least a 620 FICO score for a conventional mortgage, but some will consider ...

In 2024, the central bank cut interest rates three times, but mortgage rates didn't fall. Mortgage rates are primarily driven by movement in the bond market, specifically the 10-year Treasury yield.

The best high-interest savings accounts offer more attractive interest rates than other bank accounts. In Canada, standard rates range from 1% to 2.50%, though some financial institutions may ...

RBC’s non-redeemable GICs offer high interest rates, a wide range of terms, RRSP and TFSA eligibility, and can be opened with as little as $500.