Latest / The Financial Exchange Show
Could Mortgage Rates Really Hit 9%?
Mortgage rates are moving higher fast as the bond market selloff continues, raising new pressure on buyers, sellers, and the broader housing market.
Chuck Zodda and Mike Armstrong discuss why the 10-year Treasury is still climbing, why mortgage rates are approaching 7.5%, and how a move toward 9% mortgages could happen if Treasury yields and lending spreads keep rising. They also break down whether higher rates are really aimed at consumers, why Oracle’s AI data center deal is raising new concerns, why minivans are making a comeback, and Paul LaMonica of Barron’s joins to discuss Meta’s Muse…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.