Category: Financing

Have you been keeping tabs on the Bank of Canada rate cut and its implications? The recent series of rate cuts has sent ripples through the Canadian economy, especially impacting those with mortgages. While the Bank of Canada rate cut offers some immediate relief, …Read more  »

The Fed is poised to cut interest rates at its Dec. 17-18 meeting, with expectations indicating that the Federal Open Market Committee (FOMC) will implement a quarter-point reduction. This anticipated decision reflects ongoing adjustments in economic conditions, particularly as inflation pressure …Read more  »

In a significant development for potential homebuyers and those considering refinancing, today’s mortgage rates fall again, with the average rates dropping across all major loan categories. According to data provided by Bankrate, the average rates for 30-year fixed, 15-year fixed, 5/1 …Read more  »

Are you thinking about buying a home in 2025? Or perhaps you're considering refinancing your current mortgage? If so, you're probably wondering what mortgage rates might look like in the near future. Mortgage Rate Predictions for 2025 suggest a period of relative …Read more  »

Mortgage rates have climbed today as the market anticipates the report from the Consumer Price Index (CPI) set to be released later today. As of December 11, 2024, the national average for the 30-year fixed mortgage rate is 6.26%, while the …Read more  »

As we venture into the second week of December 2024, mortgage interest rates are projected to stabilize, likely remaining in the range of 6.75% to 7.00%. Both current economic conditions and expert forecasts suggest that while rates might see minor fluctuations, a significant …Read more  »

If you're looking to buy a home or refinance your existing mortgage, today's mortgage rates reveal a slight decrease in costs. As of December 9, 2024, the average rates have shown some relief for homeowners and potential buyers alike. The 30-year fixed …Read more  »

As we approach December 2024, mortgage rates predictions suggest that rates are unlikely to see significant declines this month, standing at around 7.03% for a 30-year fixed mortgage. While buyers have been eagerly hoping for lower borrowing costs, current economic trends indicate …Read more  »

Are you planning to buy or sell a home in 2025? Mortgage rates to stay above 6% in 2025, according to the Realtor.com® economic research team, and this could impact your home buying or selling journey. While there might be some …Read more  »