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5.6

US 30-Year Mortgage Rate Hits 13-Month High on Inflation, Geopolitical Tensions

US 30-year mortgage rates have risen to their highest level in 13 months, driven by higher 10-year Treasury yields amid inflation concerns and geopolitical tensions. This reduces consumer purchasing power and may cool housing demand, while raising the possibility of Fed rate hikes to combat inflation.

Clarínabout 8 hours agoUSCredibility 34%View source

Score Breakdown

Mosaic Score5.6
Confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

#mortgage rates#treasury yields#inflation#federal reserve#housing

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