US mortgage rates hit their highest level in three years
Rising borrowing costs have pushed mortgage applications to their lowest level since February 2025.

Rising borrowing costs have pushed mortgage applications to their lowest level since February 2025.








![People sit inside a chapel while waiting for a meal distribution, as soup kitchens, barter clubs and families taking out short-term loans for groceries are exposing the social strains emerging under Argentine President Javier Milei's austerity program, barely a year before Argentina's next presidential election, in Buenos Aires' Villa 31 neighborhood, Argentina, August 28, 2026 [Agustin Marcarian/Reuters]](/wp-content/uploads/2026/09/2026-09-24T111706Z_92623523_RC2R7NAS0BJF_RTRMADP_3_ARGENTINA-ECONOMY-MILEI-1790290200.jpg?resize=770%2C513&quality=80)
Dangote has slashed fuel imports, but market concentration risks keeping the benefits from common Nigerians.
Pakistan’s Jamaat-e-Islami party has launched a protest march towards Islamabad over soaring fuel prices.
Iran’s government is trying to change some work patterns to help save on fuel and energy amid struggles and shortages.
Moroccan parties are pushing campaigns before the September 23 vote to secure 395 parliamentary seats.

Thousands of protesters took to the streets of Buenos Aires for the ‘March of Anger’.
Iran’s cost of living crisis is affecting the dreams and everyday life choices of young Iranians.
Some officials and state media have long openly described the industry as a ‘mafia’ system.
A quarter of the world’s population faces a surging cost of living crisis because of the wars in the Middle East.

Americans on the lower end of the economy are feeling the impact of higher borrowing costs and weaker purchasing power.
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.