Five lenders hike mortgage prices as interest rate threat looms

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Guardian World

House prices head for historic 10% drop as fourth interest rate hike looms

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while analysts expect market downturn to continue Get our breaking news email, free app or daily news podcast The prospect of the steepest property market downturn in history will not stop the Reserve Bank from delivering a fourth interest rate hike as it battles to bring inflation back under control, economists say. New d…

1 Sept, 15:00

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City AM

Five lenders hike mortgage prices as interest rate threat looms

Five lenders hiked the price on their mortgage deals to kick off the week as the threat of the Bank of England increasing interest rates looms over the UK economy. Barclays has raised its rates on a fleet of products by nearly 0.2 per cent, with its two-year fixed rate rising to 5.53 per cent [...]