Mortgage Rates Could Soar to 9%? Economist Says Forget the Fed, the Bond Market Is Now Driving Mortgage Rates
Cotality's Selma Hepp says mortgage rates could reach 9% in a severe Treasury market shock.
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Why It Matters
An economist says mortgage rates might jump to 9% if bond markets get shaky. This shows that big money moods, not just the Federal Reserve, control borrowing costs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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