Treasury Bond Massacre, Mortgage Rates Hit 5.35%, Highest since 2009, and it’s Only April
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Mortgage rates have reportedly reached their highest level since 2009, although one outlet suggests they have actually dropped to their lowest level since 2022. Home sales are said to have fallen to their lowest level since June 2020, with supply increasing for the second month. The state of the economy and mortgage rates appears to be uncertain, with various factors potentially at play, including a possible oil crisis.