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The Latest Breaking News from Interest Rates

Join us LIVE as experts explain future of mortgages and savings as interest rates to rise

Mirror business editor Graham Hiscott will be joined by Mirror Money reporter Sam Barker today (September 29) at 1pm to run through everything you need to know about a series of worrying financial announcements

Daily Mirror

Only a U-turn by the government or the Bank of England will calm UK financial markets

The Bank of England has promised to take action to calm the financial market mayhem that has followed the announcement of major tax cuts by the UK government.

The Conversation

Bank’s intervention may not mark the end of market mayhem

Bank of England’s fourth round of QE could still fail to calm markets and be followed by an emergency interest rate rise

The Guardian - UK

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Landlords could ‘pass on’ rising mortgage costs to renters and spark homelessness surge, charity warns

Mortgage providers have begun raising interest rates to levels not seen since the 2008 financial crisis

The Independent UK

Martin Lewis details how much your mortgage will rise if interest rates increase again

After warnings of a potential further rise in interest rates, the money saving guru has explained how this could affect homeowners and their mortgages

Wales Online

Bank of England launches urgent bond-buying programme to avoid 'material risk' to UK economy

'The Bank of England stands ready to restore market functioning and reduce any risks from contagion'

Birmingham Post

House prices 'could fall by up to 15% next year' as markets rattled by Mini-Budget

House prices are set to fall next year as fewer people buy property amid more expensive homeloans, higher interest rates, rising inflation and the risk of recession

Daily Mirror

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Martin Lewis explains how interest rate rise could affect your mortgage

The consumer champion has looked into mortgage payments and what you should do if you're a homeowner after a warning over interest rate rises

Chronicle Live

Nicola Sturgeon warns UK is in 'financial crisis' and result could be worse than 2008 banking crash

The First Minister said it was inevitable there would be a sharp rise in interest rates - which would hit Scots with mortgages and credit card debt hard.

Daily Record

Would-be homeowners giving up on dream amid fears interest rates will soar

There is speculation the Bank of England may have to jack interest rates to as high as 6%

Evening Standard

Your mortgage questions answered - what to do next if you're on a fixed or variable deal

The mortgage market have been spooked by the Mini-Budget, with lenders pulling deals over fears that interest rates could hit 6% next year - here's what you need to know

Daily Mirror

Martin Lewis explains how much your mortgage will go up by if interest rates rise again

Martin Lewis has delved into what you should do next if you're a homeowner, after it was warned that interest rates could jump to 6% next year - putting more pressure on mortgages

Daily Mirror

High-yield savings accounts: help grow your money faster

High-yield savings accounts offer much higher interest rates than standard deposit accounts, but you might have to meet requirements to get a great rate.

Fortune

London politics LIVE: Treasury minister says ‘we’ll press on with tax cuts’ as Tory backlash grows amid markets turmoil

Tory MP slams ‘inept madness’ in Chancellor’s mini-Budget - but Treasury minister rejects calls for U-turn

Evening Standard

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Manchester Evening News

"I’d be worried if I were selling my house now": The state of Greater Manchester's property market during uncertain times

With fears of interest rates rising again, mortgage lenders are pulling deals - but what does this mean for first-time buyers and homeowners in Greater Manchester?

Al Jazeera

Asian shares tumble after wobbly day on Wall Street

Indexes slump in China, Japan, South Korea and Australia as investors weigh prospect of a possible global recession.

WEKU

Rising interest rates could create more local rental market competition

The Guardian - UK

Homeowners warned of ‘significant’ rise in UK interest rates

Bank of England’s chief economist speaks out after mini-budget, with financial markets expecting rates to reach up to 6%

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Benzinga

Annaly Capital Management's Rare 3-Standard Deviation Selloff

The effects of rising interest rates continue to hit markets and none more so than in the mortgage sector. The amount of selling lately, for example, in Annaly Capital Management Inc. (NYSE: NLY) is remarkable for its extraordinary downward pressure on price levels.

Wales Online

What the current financial climate really means for homeowners and buyers according to a Welsh mortgage broker - and his one piece of advice

One broker in south Wales said he's been "flat out with people panicking" since the Bank of England announced rates were going up

Daily Mirror

Should you buy a house now - or wait? Pros and cons explained as interest rates rise

Interest rates are rising, house prices are up, and a new stamp duty tax has just been announced - so what does this mean for first-time buyers and home movers?

The Independent UK

How Kwasi Kwarteng’s budget damaged the economy and what will happen now

Policy Correspondent Jon Stone unpacks how unfunded tax cuts pulled the rug out from under the UK economy

The Guardian - UK

UK mortgage market turmoil: what does it mean for your deal?

Banks and building societies pull hundreds of deals in anticipation of further interest rate rises

Chronicle Live

Mortgage warning as homeowners face paying £10,000 a year more if interest rates keep rising

If interest rates continue to climb and reach 6% next year, homeowners may have to pay thousands of pounds more on their mortgage

Benzinga

US Stocks Look Set To Snap Out Of 5-Session Losing Streak Today As Fed Official Tempers Hawkish Tone — Twitter, Tesla In Spotlight

U.S. stocks look set to snap a five-session losing streak, as indicated by trading in the major index futures. Bargain hunting could generate some buying interest even as traders remain concerned about growth and interest rates.

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