US Mortgage Rates Hit 7.40%, Highest in Three Years
Freddie Mac data shows the 30-year fixed mortgage rate averaged 7.40% as of October 8, 2026, the highest level in nearly three years.
News
Verified market, broker and regulation news for US and UK investors, with sources.
Fed minutes show broad support for another rate hike by year-end
Fed minutes from September 2026 show officials expect another rate hike, but timing remains uncertain after weak September jobs data.
Weston family to buy UK pharmacy chain Boots in $8.9bn deal
Wittington Investments and Fairfax agreed to buy Boots for about $8.9 billion, the companies said on Oct. 7, 2026. The deal is expected to close in Q1 2027.
UK Average Five-Year Fixed Mortgage Rate Hits 6%, Highest Since 2023
Average UK five-year fixed mortgage rate hit 6% on Oct 5, 2026, per Moneyfacts. Two-year fixes averaged 5.98%. Sub-5% deals plunged 99% since September.
US Trade Deficit Widens to $105.6 Billion in August, Largest Gap in Over a Year
US trade deficit widened to $105.6 billion in August 2026, the largest monthly gap since March 2025, as imports rose 4.3% and exports grew 1.4%, official data s
CFTC Grants No-Action Relief for Conversion of Perpetual-Style Index Futures
CFTC issues no-action letter letting DCMs convert perpetual-style broad-based security index futures into true perpetual futures, with relief expiring October 2
CFTC Opens Public Comment on First Crypto Rules Under CTX and CAM
CFTC seeks public comment on Regulation CTX and Regulation CAM, its first crypto market rules, after the Clarity Act failed in the Senate.
Eurozone Inflation Jumps to 3.8%, a Three-Year High, on Energy Costs
Eurozone inflation rose to 3.8% in September 2026, a three-year high, Eurostat’s flash estimate shows, driven by an 18.8% annual energy price surge.
SEC Proposes Custody Rules for Crypto Held by Advisers and Funds
SEC proposes crypto custody rules for investment advisers and funds, allowing limited self-custody and state trust companies as custodians.
US 10-Year Treasury Yield Hits 24-Year High as Global Bond Sell-Off Deepens
US 10-year Treasury yield hit a 24-year high of 5.34% on Oct 1, 2026 amid a global bond sell-off, with UK 30-year gilts briefly above 6%.