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The Bank of England has held interest rates at 4.75% in December - following two falls in 2024. Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK.

of which the federal funds rate is just one component. For those considering a home purchase or refinance, the key takeaway is to focus on what makes sense for their ideal borrowing timeline ...

BROCKTON, Mass. — A vehicle fire in Brockton caused damage to a home. According to Brockton Fire, crews responded to 186 Falconer Ave on Tuesday night for a motor vehicle fire close to a mobile home ...

Rentals may become more affordable heading into next year, he says, as the market feels the impact of mortgage rate cuts and more people start to buy homes. On the other hand, Windsor is ...

As climate shocks get worse, insurance companies are increasingly dropping homeowners facing risks of hurricanes, wildfires and other disasters. Now, the results of a congressional investigation ...

The vacancy rate for rental units in Halifax has taken a positive turn upwards, according to a report released by the Canada Mortgage and Housing Cooperation (CMHC) on Tuesday. The region’s ...

but the new rate of 2.1 per cent has not yet helped make rental housing more affordable in the city. The latest Canada Mortgage and Housing Corporation rental market report shows the average ...

mortgage professionals say there are several scenarios in which trading that rate for a new home can be smart. "There are plenty of good reasons to give up your lower mortgage rate to buy a new ...

The rental vacancy rate across Metro Kelowna has taken a huge leap. The yearly rate, tabulated by the Canadian Mortgage and Housing Corporation shows the vacancy rate in the region has spiked to 3 ...

In addition, 504 new EC units were put up for sale. Home buyers returned in force as interest rates dropped in September and November. Another projected 25 basis point cut in December could boost ...

The city’s rental vacancy rate jumped to 4.8 per cent in October, according to a new report by the Canadian Mortgage and Housing Corp. (CMHC). In 2023, that rate was just 1.4 per cent.