Tag: interest rates

BusinessmarketsOct 22, 2026

Experts Predict Stable Interest Rates with Post-Election Price Hikes

Financial analysts anticipate that the central bank will maintain current interest rates despite recent favorable inflation indicators. This cautious approach stems largely from ongoing security concerns and political unpredictability surrounding upcoming elections. Furthermore, market observers warn that anticipated fuel cost increases in the upcoming month could reignite inflationary pressures, setting the stage for potential price surges once the political landscape settles.

interest ratesinflationeconomyIsraelelections

BusinessOct 5, 2026

Average five-year mortgage rate hits 6% for first time in three years

The average interest rate for a new five-year fixed mortgage has reached 6% for the first time in three years. This surge is driven by rising wholesale funding costs for lenders, fueled by global economic uncertainty and increased government borrowing costs following the onset of the Iran war. Borrowers are facing a challenging landscape as the number of mortgage deals priced below 5% has plummeted by 99% since September. Financial experts warn that this trend is likely to persist, significantly impacting millions of homeowners who need to renew their fixed-rate deals by 2028.

mortgageinterest rateseconomyhousing marketfinance