BullishMEDIUM severityRates & Fed2h ago

30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market

Reported by MarketWatch · marketwatch.com ·

The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward.

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What to watch: This report cites a concrete figure (7.17%) — compare it against the trailing trend before treating one data point as a turning point.

Change
7.17%
Change
5%

Latest session change: $^TNX -0.28%

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