The Bank of Canada’s latest interest-rate cut is expected to bolster demand for variable-rate mortgages as homebuyers feel safer gambling on rates remaining low. Since the central bank started ...

Don’t miss:MarketWatch’s live coverage of the Fed’s interest-rate decision and Jerome Powell’s news conference — as it happened. The Federal Reserve on Wednesday moved to the sidelines ...

Jan. 30—Customers receiving New York Power Authority's low-cost hydropower, voiced their concern Wednesday with a series of rate hikes. "In today's era of (New York's Climate Leadership and ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates. By Colby Smith Reporting from Washington At the ...

Wall Street is starting to come to terms with a dwindling likelihood that the Federal Reserve will continue its rate-cutting cycle this year. After a blockbuster jobs report, some expect no cuts ...

Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday ...

Your credit cards: The average variable rate on credit cards is currently 20.14%, down a hair from 20.35% when the Fed met last December, and lower than the 20.79% record high set in August 2024 ...

The Fed cut short-term interest rates three times last year, including a jumbo half-point discount to kick off the lower-rate season in September. With the last quarter-point reduction in December ...

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The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week ...