Business & Economy · 2 views
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward.
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The 10‑year Treasury yield rose above 5% on Monday, pushing the average 30‑year mortgage rate higher.
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