Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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Mortgage rates drop for second week in a row
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Mortgage rates drop for second week in a row
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NEVER pay off your house. Here’s why. 🏡👆🏼 #Mortgage #HomeEquity #CashFlow #WealthBuilding #MoneyHabits
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The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
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The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total #mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Read more at the #linkinbio or the link on screen.
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Replying to @amanda why I’m paying off the mortgage instead of investing! #investing #mortgagefree #debtfree #mortgagepayment #stockmarket
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Why did mortgage rates go up today? One number came out at 10:00 this morning: 74. It isn't dollars and it isn't a percent. It's a show of hands from the people who pay the bills at hospitals, trucking companies, builders and restaurants, and you can build it yourself with grade-school math. How the number gets made, why the ten-year treasury rate went over 5.34 and came back, and the one number to check Tuesday evening. Not financial advice; trading involves risk. #mortgagerates #interestrates
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am i back to viewing houses at the worst time of year🫣🤣 im still so desperate to find my forever home, the market has been so slow! but i always told myself i will stay in budget and not pay more than i think a house is worth😅 do i book a viewing? do i need to ask questions about how long its been on the market? what would i even ask? 💗 #firstimebuyer #buyingahome #councilhouse #mortgage #singlemum
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