A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year.

Locking in one of today's lower mortgage rates may make sense, experts say, but there are some items to know first.

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.

The Bank's governor says interest rates are on a "gradual" downward path, and decisions around future cuts will be "a closer call".

The BoE trimmed its official interest rate from 4 per cent to 3.75 per cent on Thursday, the sixth cut since August 2024. The reduction had been widely expected as inflation has eased in recent months.

Mortgage interest rates were flat this week, but new data on the economy's health could encourage rates to go down.The average rate on a 30-year fixed-rate mortgage held steady at

Interest rates have been cut to 3.75%, the lowest level in almost three years, but further reductions are set to be a "closer call", the Bank of England has said. In a knife-edge vote, policymakers voted 5-4 in favour to lower rates from 4% reflecting concerns over rising unemployment and weak economic growth.