At today’s average HELOC rate of 8.88%, which assumes an 80% LTV, borrowing $100,000 on a 10-year repayment term equates to a ...

The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by ...

What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but ...

With a capped-rate variable-rate mortgage, your rate will fluctuate depending on the Bank of Canada’s key overnight lending rate and, in turn, National Bank’s prime rate, but will never exceed ...

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

But as rates go up, your mortgage payment rises as well. Your lender will typically quote the variable rate as prime plus a number, such as RBC prime + 0%. Assuming a $300,000 mortgage with a 25 ...

The headquarters of the People's Bank of China in Beijing Photo: IC. China cut its benchmark lending rates by 25 basis points ...

The Bank of Canada (BoC) will announce its next policy interest rate on Wednesday, October 23. Here's what experts are saying ...