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✉news BusinessReal Estate first seen 1 d ago, last 9 h ago, peak #8

Mortgage Rates Hit Three-Year High Amid Global Bond Selloff

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

Mortgage rates have climbed to their highest level in three years, driven by a deepening selloff in global bond markets. Rising yields are pushing borrowing costs higher for homebuyers, compounding affordability pressures in the housing market. Analysts are watching whether the bond turmoil persists and how quickly lenders pass further increases on to consumers.

Why now: Homebuyers and investors are alarmed by rapidly rising borrowing costs tied to global bond market turmoil.

Realtor.comYahoo Financeglobal bond market

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