The average rate on a 30-year mortgage is now at its lowest level since Dec. 26, when it was also 6.85%. It briefly fell to a 2-year low last September, but has been mostly hovering around 7% this ...

More news: Treasurer Jim Chalmers hailed the Reserve Bank's 25-basis-point cash rate cut as "the soft landing we have been planning for and preparing for" and said today’s decision provides ...

Now, the jump in the cost of a carton of eggs could frustrate the Federal Reserve’s plan to not raise interest rates. The Fed has brought inflation down to 2.5%, from high as 7.2%, while the ...