750,000 households face a crippling mortgage hike as cheap sub-3% rates vanish from the market

HUNDREDS of thousands of households are facing crippling mortgage hikes this year. Bank of England figures suggest 750,000 households with a fixed rate set to expire this year are currently paying rates below 3%. But with cheaper rates disappearing, the average homeowner is facing an average repayment increase of aroun

TOKYO, Aug 10 : The Bank of Japan may be edging toward an early rate hike, but it faces a growing risk that any move to tighten policy will be offset by mounting political pressure to support the bond market.As government spending plans drive yields higher, the BOJ is being drawn into an increasingly awkward battle to

Kiwibank has pushed up some of its key fixed mortgage rates, with its one-year special climbing from 4.75% to 4.95%.

Britain's housing market saw momentum slow in July, with prices remaining flat. Higher mortgage rates and economic uncertainty are impacting buyer demand significantly. Northern Ireland and Scotland recorded the strongest annual price growth across the country. Southern regions experienced price declines, widening the

US suffers unexpected job losses in July, markets dial back rate hike expectations  Reuters

The U.S. economy shed 23,000 jobs in July, far below forecasts of an 83,000 gain, shifting trader expectations away from a September rate hike

Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.

Before the coordinated intervention, most analysts were looking to December for the next move higher.

Eurozone Government Bond Yields Rise on Higher Oil Prices  WSJ

US stocks edge lower as oil prices rise and more earnings reports roll in  AP News

Stocks edged lower on Wall Street as oil prices rose and more company earnings reports rolled in

The region saw 5,995 homes change hands last month, down 0.9 per cent from July 2025, however sales rose 3.2 per cent from June on a seasonally adjusted basis.

The Greater Toronto Area’s housing market cooled in July after a run of four straight months with year-over-year gains.

Greater Toronto home sales tick lower in July as prices fall: real estate board  Toronto Star