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The Latest Breaking News from Interest Rates

Higher mortgage rates dim the outlook for lenders focused on refinancing loans

Consumers aren’t the only ones feeling the pinch from the rapid rise in interest rates this year. More mortgage firms are starting to let workers go as demand for mortgage refinancings falls off a cliff.

Tribune News Service

Cost of living now bleakest since the 1980s - yet still no help for families

Households around the country are facing a cost of living crisis as inflation and energy bills continue to go up, but Boris Johnson and Rishi Sunak are not helping people

Daily Mirror

US stocks see worst day this year as Fed rate hike rattles investors

Dow falls 3.1% a day after the Fed chair announces biggest hike in two decades to combat inflation

The Guardian - US

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How will higher interest rates and inflation affect you?

How will homeowners and property buyers be affected by Thursday’s gloomy economic forecast?

The Independent UK

How will renters like Cameron be impacted by interest rates rising?

Cameron's lease expires at the end of August. If he can't secure a rental in time, he'll have to move his wife and four children into his parents' home.

ABC News

Stocks dive as fears about the economy intensify

The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.

WEKU

The Dow Jones tumbles over 1,100 points as fears about the economy intensify

The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.

WEKU

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RBA sets scene for steady rise in rates

The Reserve Bank of Australia has jacked up its inflation forecasts, indicating there will be a steady rise in interest rates for the rest of this year.

AAP

Martin Lewis issues mortgage warning to homeowners as interest rates increased

The MoneySavingExpert warned how mortgage repayments will become more expensive after the Bank of England raised interest rates earlier today.

Daily Record

2 Wide-Moat Stocks to Add to Your Portfolio Right Now

The major stock market indexes surged yesterday after the Fed Reserve raised benchmark interest rates by half a percentage point. However, the stock market is expected to remain under pressure at least in the near term on continuing macroeconomic and geopolitical concerns. So, we think it could be wise to…

StockNews.com

3 Ultra-Popular Stocks to Avoid in May

Many U.S. stocks dipped in price considerably last month on a widespread market sell-off amid rising macro headwinds. Furthermore, the Fed this week raised interest rates by 50 basis points to tame inflationary pressures, which could potentially spook all equities into correction territory this month. With this potential in mind,…

StockNews.com

EUR/USD: Life After The May FOMC

The Fed raised interest rates by 50 bps and announced the start of QT on Wednesday as largely expected. Less anticipated were Fed Chair Powell’s comments discounting the near-term prospects of hikes greater than 50 bps at future meetings.

Benzinga

Martin Lewis issues mortgage warning to homeowners as interest rates reach new high

The Money Saving Expert tweeted after the Bank of England raised interest rates from 0.75 percent to one percent amid soaring inflation

Bristol Post

AMC Entertainment's Stock: What To Watch On The Chart As Q1 Earnings Approach

AMC Entertainment Holdings, Inc (NYSE: AMC) was trading slightly lower in the premarket on Thursday, after lagging the general markets on Wednesday, where a number of individual stocks surged following the Federal Reserve’s decision to raise interest rates by 0.5%.

Benzinga

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Manchester Evening News

What the Bank of England's rise in interest rates could mean for your mortgage

Interest rates are now at the highest level in 13 years

StockNews.com

Is Capital One a Smart Financial Stock to Invest In?

The rising interest rate environment bodes well for the financial industry because higher rates increase its interest income. So, is Capital One Financial (COF) well-positioned to capitalize on the rising interest rates? Read on to learn our view.

Reason

The Satanic Temple: If Christians Can Raise Flag at Boston City Hall, We Can Raise Ours Too

Plus: The push to abolish the Senate, Feds hike interest rates by 0.5 percent, and more...

Wales Online

Will my mortgage go up? What the Bank of England interest rate rise means for you

Interest rates have hit 1% - their highest level for 13 years

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The Independent UK

Interest rates: What are they and how do they affect inflation?

The Bank of England has raised interest rates to their highest level in 13 years

Evening Standard

Mortgages: Bank of England raises interest rates to 1% — here’s what it means for you

First-time buyers are being “clobbered on all sides” as interest rate hikes mean it will be harder to get a mortgage.

The National (Scotland)

Bank of England hikes interest rates and issues recession warning

UK interest rates have been raised amid warnings the economy will go into reverse and that inflation will peak at more than 10.

Daily Mirror

Martin Lewis issues mortgage warning to millions of homeowners as interest rates rise

Martin Lewis has warned how mortgage repayments will get more expensive for those on variable deals after the Bank of England raised interest rates from 0.75% to 1% this afternoon

Daily Record

Bank of England warns of recession in UK as interest rates hiked to 1%

The Bank of England increased interest rates as it battles against rising inflation and warns that the economy will go into reverse this winter.

Liverpool Echo

Martin Lewis explains what new interest rates mean for savers and homeowners

The Bank of England has increased interest rates to 1%

Daily Mirror

Mortgage warning for millions of Brits with payments to jump by hundreds of pounds

The Bank of England today confirmed it will increase its base rate from 0.75% to 1% - the fourth consecutive rise since December 2021, when rates were at 0.1%. Here's how it affects your mortgage

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