The Latest Breaking News from Interest Rates

CBA warns of mortgage lags as Reserve Bank set for another super size interest rate rise

The Commonwealth Bank is warning of the risk a three-month mortgage lag poses to the economy if the Reserve Bank keeps raising interest rates aggressively.

ABC News · Sep 5, 2022

Climbing interest rates yet to bite most Australian mortgage holders, economists say

As the RBA meets to consider the cash rate, analysts warn the impact of previous rises is yet to be felt fully

The Guardian - AU · Sep 5, 2022

Türkiye’s Annual Inflation Passes 80% After Interest Rate Cut

Türkiye’s annual inflation passed 80% in August, according to official data on Monday, further hitting consumers facing high energy, food and housing costs. The Turkish Statistical Institute said consumer prices rose by 80.21% from a year earlier, up 0.6 percentage points from the previous month. Independent experts say inflation is…

Asharq Al-Awsat · Sep 5, 2022

Want to Lower Your Risk? Give These 3 Safe Stocks a Try

The uncertainty surrounding the market and the economy because the Federal Reserve signaled to continue hiking interest rates is making investors seek low-risk investments. Given lower volatility and attractive dividend payments, Johnson & Johnson (JNJ), CVS Health (CVS), and Summit Financial Group (SMMF) could be good candidates to consider on…

StockNews.com · Sep 1, 2022

As interest rates spike, homebuyers turn to adjustable-rate mortgages

Home prices are falling fast in some of the most expensive real estate markets, such as California's Bay Area, but interest rates are on the rise — meaning that for many, the home of their dreams is now out of their price range.

Tribune News Service · Sep 1, 2022

RBA’s search for inflation sweet spot tipped to raise interest rates to 2.35 per cent

Households are staring down yet another mortgage bill hike next week, with the Reserve Bank set to pass through its fifth interest rate hike in a row.

The New Daily · Sep 1, 2022

Chancellor Nadhim Zahawi 'deeply concerned' people will freeze this winter

Anger is mounting over the Government's refusal to set out plans to deal with the calamitous hikes to energy bills in October, as households reel from spiralling inflation and climbing interest rates

Daily Mirror · Sep 1, 2022

Asian shares track Wall Street slide on expected rate raises

Asian shares are trading lower, tracking the broad slide on Wall Street, as investors braced for higher interest rates and inflation worries for some time

The Independent UK · Sep 1, 2022

New Zealand house prices continue to plunge, as national average falls below $1m

Downturn is entrenched across the country, but fears that falling prices and rising interest rates will hit borrowers have been played down

The Guardian - AU · Sep 1, 2022

Property prices fall at fastest rate in 39 years as rate hikes bite

Australian property prices have posted their largest single-month decline since 1983 as rising interest rates bite into home values across most capitals.

The New Daily · Aug 31, 2022