It means that the typical household fixing a £200,000 mortgage for two years with a 25-year repayment term will be paying £1,167 a month. The last time average two-year fixed rates were below 5 per ...

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.

A funny thing happened when the Federal Reserve began cutting interest rates last fall: Mortgage rates actually rose. Now, the central bank is gearing up to cut benchmark interest rates again, and ...

The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.

Predicting the real estate market is never an exact science and 2025 has proven no exception. Despite a cautiously optimistic ...

Borrowers also showed a higher tendency to tap into home equity, with related originations rising at the fastest rate in ...

Top News One Inflation Gauge Just Rose at the Fastest Rate in Three Years Wholesale prices-the cost of goods and services purchased directly from producers-rose at the sharpest monthly rate in three ...

As investors have bought bonds expecting a Fed rate cut, that's helped mortgage borrowers. But even if the Fed does cut, home loans may not benefit.

The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate ...

Housing experts weigh in on the state of mortgage rates and how the Federal Reserve may provide some relief by the end of the ...

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...