US mortgage rates near 7.5%: Why rising Treasury yields and Fed rate hike fears could push home loans towards 8%
US mortgage rates have climbed sharply in just over a month. Mortgage rates in the US have risen by about one percentage point to nearly 7.5%, reaching their highest level in around three years. The sudden increase has made home loans more expensive for buyers. US mortgage rates near 7.5% as rising Treasury yields raise … Read more