10-Year Treasury Yield to 3.43%. Home Sellers Face New Reality

That Was Fast: 30-Year Fixed Mortgage Rate Spikes to 6.18%, 10-Year Treasury Yield to 3.43%. Home Sellers Face New Reality

SGT Report - 2022-06-14 - Original post - Cached copy

by Wolf Richter, Wolf Street: Something has to give. And it’s going to be price. The average 30-year fixed mortgage rate today spiked to 6.18%, from 5.85% on Friday, according to the daily index by Mortgage News Daily. Aside from the sheer magnitude of the spike, this was also the highest mortgage rate since collection of […]

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