Page 19 - Rate Increases News Today

Interest rates need to rise further to crush inflation, a top Bank of England policymaker has warned, in a blow to mortgage borrowers’ hopes that higher borrowing costs may soon ease.

Kansas’ largest school district says a significant increase in electric rates could harm its ability to recruit and retain teachers.

The average long-term U.S. mortgage rate fell again this week, but remains near the 22-year high it hit three weeks ago, little relief for house hunters facing persistently high prices and a near-historic low number of homes for sale. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 7.12% from 7.18% last week. A year ago, it averaged 5.16%, Freddie Mac said.

We Energies' proposed electric, gas rate hikes would be structured like this years, with residential customers' increases that of big businesses.

A newly released audit into state oversight of rate increases at San Diego Gas & Electric and three other investor-owned utility companies in California is raising questions about regulators' approval process for changes to customers' bills.

Nicole Maestas Olonovich, a resident of Albuquerque’s South Valley, has limited income at her disposal to help her and her one-year-old child. The mother and disabled veteran is concerned that increasing electric utility rates may lead to difficult decisions in the future. “A 10 percent increase for me would have been almost $40 this month,” […]

NY health insurers sought 21% rate hikes next year. Regulators approved 12.4%. What to know about rising costs for health insurance and medical care.

Federal Reserve rate hikes hamper economy in the long run by reducing innovation, says a paper presented at a Fed conference in Jackson Hole, Wyoming

Regulators have ordered Citizens Property Insurance Corp., backed by the state, to reduce proposed rate hikes for homeowners. This is due to a 12% increase proposal for homeowners with the most common policies.

As the power-hungry new Panasonic plant is being built, rebates and other incentives Missouri ratepayers enjoy don’t apply here. | Opinion