Interest rates

  • Rates at lowest since June as confidence slides by Ryan Smith

    Average fixed mortgage rates fell for the third consecutive week as consumer confidence slid and the federal government shut down

  • October taper unlikely if shutdown drags by MPA

    A Federal Reserve official says that if the government shutdown continues, the Fed is less likely to wind back its $85bn-per-month bond-buying program at its October meeting

  • Rates hit nine-week low by MPA

    The average interest rate on the 30-year fixed-rate mortgage fell to a nine-week low this week following the Federal Reserve’s decision to maintain its $85bn-per-month bond-buying program

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