2:22 Business Matters: Bank of Canada expected to keep key policy rate steady this week The Bank of Canada is set to make its first announcement on interest rates this year on Jan. 28. This comes ...

The average 30-year fixed mortgage rate was 6.06% for the week ending January 15, according to Freddie Mac. The last time home borrowing rates were this low was September 2022. Experts hope the drop ...

The average 30-year fixed mortgage rate was 6.326% this week, down slightly from the week before, according to U.S. News data. Some experts predict mortgage rates will fall below 6% by the end of 2026 ...

The Bank of England cut interest rates to 3.75% from 4% in its final policy decision of 2025, taking borrowing costs to their lowest level in almost three years but exposing deep divisions among ...

Bank of Japan Rate Decision Highlights: The Bank of Japan (BOJ) raised its key policy rate 25 bps to 0.75%, its highest level since September 1995. This move takes the key rate to a 30-year high, ...

Japan's central bank has raised its main interest rate to the highest level in 30 years as the country faces a cost-of-living squeeze. In a widely expected decision, the Bank of Japan's policy board, ...

Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark ...

The Bank of England is expected to cut its benchmark interest rate by a quarter of a point on Thursday as signs of a weakening labour market and a larger-than-forecast inflation drop ease pressure on ...

The Federal Reserve cut interest rates by a quarter point on Wednesday, as it was widely expected to, lowering borrowing costs for the third time since September. The latest cut brings the target ...

A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 9-3 vote, but signaled a tougher road ahead for further reductions. The FOMC's "dot plot" ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

Odds for another interest rate cut jumped Friday after New York Fed president John Williams signaled he could support a cut when the central bank meets in December. “I still see room for a further ...