The Latest Breaking News from Interest Rates

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 · Sep 28, 2022

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 · Sep 28, 2022

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 · Sep 28, 2022

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.

Al Jazeera · Sep 28, 2022

Rising interest rates could create more local rental market competition

Rising interest rates could create more local rental market competition

WEKU · Sep 27, 2022

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%

The Guardian - UK · Sep 27, 2022

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.

Benzinga · Sep 27, 2022

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

Wales Online · Sep 27, 2022

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?

Daily Mirror · Sep 27, 2022

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 Independent UK · Sep 27, 2022