Nov 5, 2026Business133 words1 min read

Interest Rates Expected to Rise for First Time in Three Years

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Many experts think interest rates will go up soon. This has not happened for more than three years.

Right now, the interest rate is 3.75%. Most analysts think it will rise to 4%.

An interest rate is the cost of borrowing money. Banks use it to decide how much people pay back on loans.

When interest rates go up, loans become more expensive. People may pay more money on their mortgages.

A mortgage is a loan people use to buy a house. Higher interest rates mean higher payments.

Analysts are people who study money and markets. They try to guess what will happen next.

This change could affect many people. It could change how much they spend and save.

We will know soon if the rate really goes up. People are watching closely.

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1. What is the current interest rate?

2. How long has it been since the last rate increase?

3. True or false: Analysts think rates will go down.

1. 3.75% 2. More than three years 3. False

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Play the audio again and fill in the missing words as you listen.

Many experts think _____ rates will go up soon.

This has not happened for more than _____ years.

Right now, the interest rate is _____.

Most analysts think it will rise to _____.

An interest rate is the cost of _____ money.

When interest rates go up, _____ become more expensive.

People may pay more money on their _____.

A mortgage is a _____ people use to buy a house.

Analysts are people who study _____ and markets.

This change could affect many _____.

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