Millions to see mortgage costs rise, says Bank

About 4.4 million UK households could see their repayments increase by 2027.

Topics

Childcare bosses fear for future amid rising costs

Costs at one nursery are up 40% in recent years, and it faces an annual shortfall of over £30,000.
BBC News - 1d
Fannie Mae CEO reveals what’s really behind rising mortgage rates

Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.
MarketWatch - 1d
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’

Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.
Inc. - 2d
Will mortgage rates fall below 6% in 2025? Here’s what experts say.

The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.
MarketWatch - 2d
Russia sees 'no grounds for negotiations' with Ukraine, Putin spokesperson says

Kremlin spokesperson Dmitry Peskov told the Izvestia newspaper in an interview published Wednesday that Russia sees "no grounds for negotiations yet" to end Moscow's war.
ABC News - 2d
Central banks should tread cautiously with rate cuts, says OECD

Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes
Financial Times - 2d
Quebec sees spike in irregular crossings to U.S., public security minister says

Quebec Public Security Minister François Bonnardel said on Tuesday that the number of irregular crossings from Canada to the U.S. has jumped significantly in the last three years.Bonnardel met on ...
Yahoo Sports - 3d
World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The New York Times - 3d
Teacher's pay rise simply impossible, says minister

Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.
BBC News - 4d