US 30-Year Mortgage Rate Hits 19-Month High at 7%
Higher borrowing costs add pressure to housing demand and reinforce the risk that tighter financial conditions weigh on rate-sensitive assets.
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Higher borrowing costs add pressure to housing demand and reinforce the risk that tighter financial conditions weigh on rate-sensitive assets.
The veto threat lands the same week housing-data releases are testing rate-cut bets, and gives mortgage-backed securities a fresh political-risk premium to price in.