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US Mortgage Rates Stick Near 1-Year Highs as Rising Yields Weigh on Equities

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • US mortgage rates remain elevated near 6.67% as 10-year Treasury yields hover above 4.6%, driven by persistent inflation and Fed rate hold expectations.
  • Fannie Mae forecasts rates staying above 6% through 2027, sustaining tight financial conditions and keeping pressure on consumer affordability and broad market liquidity.
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US500 price history

7656.98 +14.20% over the displayed period

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