On Tuesday, new Bank of England data was released which showed that British households are increasingly falling behind on loan payments, with mortgage arrears increasing by 13% in the second…

In its house price index, real estate firm Zoopla reported that UK home sales are plunging, on course to hit the lowest level in over a decade as mortgage costs…

On Thursday, for the ninth consecutive time, the European Central Bank (ECB) hiked interest rates, following a policy of further tightening amid a stubbornly high inflation, as the risks of…

In April job openings hit their highest levels since January. The unusually strong jobs numbers have analysts talking about the possibility the Federal Reserve could implement another interest rate hike…

On Thursday the Bank of England announced it would hike interest rates by 75 basis points – the biggest rate increase it has implemented in 30 years, as it battles…

As financial conditions tighten and weigh down the housing sector, the average interest rate on the most common home loan has hit the highest level seen since 2001, according to…

UK banks have begun withdrawing mortgage products due to rapidly rising interest rates, and that has triggered a steady decline in home sales. According to data compiled by Moneyfacts Group,…

The net worth of Canada’s households dropped by almost $1 trillion Canadian dollars ($775 billion) in the second quarter, according to data from Statistics Canada. According to the report, household…

Investor’s attention will now turn to the next FOMC meeting September 20-21, where the Federal Reserve will decide the size of the next hike to the Fed funds rate. Officials…

American credit card debt continues to rise at a robust pace, worrying analysts as the Federal Reserve appears set to shift into an even more aggressive policy stance. There was…