The rate on a 30-year fixed refinance slipped to 6.39% today, according to the Mortgage Research Center. Rates averaged 5.47% for a 15-year financed mortgage and 6.24% for a 20-year financed mortgage.

Explore current mortgage rates and what they mean for home buyers

The Bank of England held interest rates at 3.75% at its latest meeting, keeping them at the lowest level since February 2023. Rates were cut from 4% in December, but the economic impact of the war in Iran has reversed expectations among many analysts of further reductions this year.

There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more than 100,000 jobs, a Wednesday report revealed.

Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. Read more here.

Heartland Bank has cut reverse mortgage rates again. Here’s how they compare across the market — and how interest and repayments really work.

Oil prices plunged below $95 per barrel, and stock markets surged worldwide Wednesday after President Trump pulled back from his threat to destroy Iran.

Oil prices are rising again and Asian stocks are trading lower on skepticism over a fragile ceasefire between the U.S. and Iran