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Mortgage Rates Hit 7% Today: 8 Strategies Homebuyers Can Use Right Now

Well, if you're shopping for a house today...

The bond market just punched you in the mouth.

😂

The 10-year Treasury yield surged today, closing around 4.94%.

And according to Mortgage News Daily, the national average 30-year fixed mortgage jumped another 10 basis points today to:

7.07%.

Yesterday it was 6.97%.

Tuesday it was 6.89%.

So in roughly two days we've gone from 6.89% to 7.07%.

And immediately somebody listening is thinking:

‘Well, that's it, Jon. I'm not buying a house.’

Hold on.

Because today's show isn't about telling you whether you should buy a house.

It's about answering a much…

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