The Latest Breaking News from Interest Rates

Mirror Money editor Levi Winchester looks at how you can best protect your finances in a background of rising interest rates, soaring inflation and the UK likely heading into recession

Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Thursday, unchanged from its previous second-quarter estimate

Lenders have been withdrawing mortgage products from sale and pricing deals upwards in the aftermath of the mini-budget

For decades, the single-family home has been Southern California's ultimate lure — a chance to live a life of sun and sand from the comfort of your very own property.

The consumer champion appears to say that the market is reacting to Friday's mini-budget, enacted by PM Liz Truss and her chancellor Kwasi Kwarteng

With our mortgage repayment calculator, you can find out how much your bill would rise if interest rates went up as predicted. You simply need to put in the amount you owe and the interest rate

These are anxiety-inducing days. The pound tanking, interest rates rising, mortgage payments set to increase — and that’s just this week’s bad news. Then there’s the worries we all have that only our nearest and dearest will usually know about. In my case, I wake up every morning unsure if…

The revised interest rates are effective from September 29, 2022

There is a ticking time bomb going on in mortgages if UK interest rates follow what the market is predicting and go up to 6%, Mr Lewis said

There is a ticking time bomb going on in mortgages if UK interest rates follow what the market is predicting and go up to 6%, Mr Lewis said.

North Wales estate agent Ian Wyn-Jones has warned how mortgage offers are now being pulled, as the market was left spooked this week following the Mini-Budget delivered by Kwasi Kwarteng