30-Year Mortgage Rate Hits 7.45%. What Does It Mean for Crypto?
The average 30-year fixed US mortgage rate jumped 19 basis points to 7.45% on Thursday. Mortgage News Daily recorded the move in its daily survey of brokers and lenders. The jump tracks a broader selloff in US government bonds. For crypto markets, the Treasury yield at the center of that selloff carries the clearer signal. The post 30-Year Mortgage Rate Hits 7.45%. What Does It Mean for Crypto? appeared first on BeInCrypto.
Key Takeaways
- The average 30-year fixed US mortgage rate jumped 19 basis points to 7.45% on Thursday.
- Mortgage News Daily recorded the move in its daily survey of brokers and lenders.
- The jump tracks a broader selloff in US government bonds.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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