The Latest Breaking News from Interest Rates

Home buyers have had to accept that mortgage rates probably won’t drop back down to record lows anytime soon.

With the Federal Reserve raising interest rates and market conditions becoming more volatile, earning an average return or even beating the market is increasingly challenging.

The Reserve Bank is expected to raise the cash rate again today. It comes as banks pass on interest rate rises and cut back how much they'll loan to wannabe home owners.

Experts predict RBA interest rate decision today will lift cash rate to 1.85%, marking a 175-basis point increase since May

Analysis: Bank ruling that borrowers no longer have to show they can afford steep repayment hikes raises questions over how to curb excessive borrowing

Rates expected to rise again, by 0.25% or 0.5%, increasing costs for millions of borrowers

Test required potential homebuyers to prove they could afford three-percentage-point rise in interest rates

The multi-decade high inflation has forced the Federal Reserve to raise benchmark interest rates several times this year, and the central bank could consider hiking the interest rates further. While the rising rate environment has led to a sell-off in most sectors, it bodes well for financial companies, including banks.…

The major shake-up sees affordability tests scrapped

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

Rising tuition costs, increasing student loan interest rates and a higher cost of living in the U.S. has left potential college students questioning the value of a college degree. Many students regret how much student loan debt they took out for their education; in a Bankrate survey about student loan…