✉news BusinessReal Estate first seen 14 h ago, last 7 h ago, peak #8

Mortgage Rates Hit Three-Year High Amid Bond Selloff

Original: Mortgage Rates Soar to 3-Year High as Global Bond Market Selloff Deepens

US mortgage rates have climbed to their highest level in three years as a deepening selloff in the global bond market pushes borrowing costs up. Rising yields on government bonds are feeding directly into home loan pricing, squeezing affordability for buyers and renewing concerns about a slowdown in the housing market.

Why now: Higher borrowing costs directly affect homebuyers and the housing market, making the development widely relevant right now.

Realtor.comUS housing marketglobal bond market

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Rank over time, top of the chart is #1. 6 snapshots from 14 h ago to 7 h ago.

Evidence

• Mortgage Rates Soar to 3-Year High as Global Bond Market Selloff Deepens · Yahoo Finance
• Mortgage Rates Soar to 3-Year High as Global Bond Market Selloff Deepens · Realtor.com

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