Mortgage Rates Surge 0.25 Point to Highest Since 2023
The 30-year fixed-rate mortgage averaged 7.28% this week, up 0.25 percentage point from the prior week, according to Freddie Mac's weekly survey.
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Ross Gerber Warns US 'Can't Afford' 5% Treasury Yields As Bond Rout Sends Mortgage Rates To 2023 High
The bond market ‘meltdown’ is accelerating, pushing mortgage rates to their highest level since 2023, with investor Ross Gerber warning that the U.S. “can’t afford” sustained 5% Treasury yields without risking a debt spiral. Rates Have Jumped 150 Basis Points In Six Months The average interest rate on a 30-year mortgag
Elizabeth Warren Calls Kevin Warsh a 'Sock Puppet' After Trump Claims He Told Him How to Vote for a Rate Hike: Peter Schiff Asks If It's 'Another Lie'
Sen. Elizabeth Warren (D-Mass.) and investor Peter Schiff questioned the Federal Reserve’s independence on Thursday after President Donald Trump told reporters Wednesday that he instructed Fed Chair Kevin Warsh to vote with the rest of the board on the interest rate hike rather than cast a lone dissenting vote Is Warsh