mortgage

China could rattle U.S. housing market, analysts warn 

Mortgage rates are climbing sharply, driven by a sell-off in U.S. Treasury bonds, and analysts warn the situation could worsen if China escalates financial retaliation over U.S. trade policies, according to CNBC. The increase in mortgage rates is loosely tied to the yield on the 10-year Treasury, which has surged as investors dump bonds. Speculation […]