If you’re a veteran or active-duty service member, a mortgage guaranteed by the Department of Veterans Affairs (VA) could be your ticket to affordable homeownership. VA loan interest rates are ...
While most mortgage-market observers began the year believing rates were more likely to rise than fall, the national housing market isn’t doing very well even at the current levels. Home contract ...
Last year, mortgage rates were supposed to go down a lot. But in spite of some big drops in the fall of 2024, rates ended the year close to where they started. What will happen in 2025? Most ...
Rates are an incredibly important factor in securing a mortgage, but other considerations must also be made to ensure that your loan meets your long-term needs. The posted rate is the rate that a ...
CIBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank of Canada adjusts its overnight rate, CIBC’s prime rate ...
As rates go down, more people should be able to buy a home or refinance their current mortgage. See how home interest rates are trending today and where they might go in the future. Today's ...
On the heels of the Federal Reserve’s January 28-29 meeting where interest rates were held stable at 4.25-4.5%, home buyers may be wondering what’s in store for mortgage rates. We asked four pros.
Capital at risk. Starting at the top, then. Broadly speaking, as increasing interest rates have meant mortgage repayments going up, then the reverse should also hold true: lower rates, lower ...
While that might sound complicated, it essentially means the base rate will impact two areas of your finances: how much interest you can earn on your savings and how much it costs to borrow money. If ...
Buying a house? Expect a bumpy ride when shopping around for the best mortgage rate as the U.S. economy grapples with the impact of President Donald Trump’s tariffs. Trump’s new 25% tariffs on ...
Experts say that home buyers and owners with a mortgage up for renewal could secure a cheaper rate amid the dysfunction, but also warn that the forecast for the spring housing market is far from ...
Three more mortgage lenders have announced rate cuts across their mortgage deals. Halifax has cut rates by up to 0.3 percentage points on remortgage deals, while home movers and first-time ...