The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

A young Italian couple is going to court in the Vatican tribunal to challenge a new ban on workplace marriages imposed by the ...

A rate cut next month would save an average borrower $100 on monthly mortgage repayments. NAB chief economist Alan Oster is ...

Finnish lender Nordea Bank reported fourth-quarter operating earnings slightly above estimates on Thursday and said the ...

Treasurer Jim Chalmers says the worst of the cost of living crisis is 'truly behind us'- but chilling new evidence says ...

Bank switching surged in December, as mortgage holders shopped around at a record rate for cheaper debt. Just over $2 billion of mortgage debt changed hands between lenders (including non-banks) ...

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...

Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...

One chief economist says the Bank of Canada’s most recent rate cut is likely to spur activity in the housing market, with ...

During his remarks following the Jan. 29 policy meeting, Fed Chair Jerome Powell said officials are not in a hurry to lower interest rates and that the central bank is waiting to see if inflation ...

Fed interest rate moves can affect mortgage rates. But maybe not the way you expect. Moves by the Fed do not directly affect ...