The Latest Breaking News from Interest Rates

Greens senator Nick McKim says homeowners took on massive debt believing rates wouldn’t rise before 2024 and are now getting ‘smashed’

WASHINGTON: A strong August jobs report means the US Federal Reserve will continue to aggressively raise interest rates, though a surge in the labour force could give central bankers the option to back off a little if they choose.

2024 will be a year of recovery for the housing market, with London leading the charge.

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…

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.

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.

Experts say even with higher interest rates it's still a good time to buy homes to rent, especially rental properties for extended families.

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

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

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

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