Turbulence in the U.S. bond market affects mortgage loan rates
2026-08-24 04:14:06
According to CoinMeta, recent turmoil in the bond market has put pressure on mortgage loan rates to rise. On August 17th, the yield on 30-year U.S. Treasury bonds exceeded 5.31% for the first time, reaching the highest level since 2007. According to a survey by Freddie Mac, the current fixed-rate mortgage rate for 30-year loans is 6.67%. In July, U.S. housing construction declined significantly, and sales of homes for sale fell for the second consecutive month. Analysts point out that the current high interest rates are putting significant pressure on homebuyers, and it is expected that mortgage loan rates will remain above 6% in the future.
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Source:Internet
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