Mortgage rates spike
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Mortgage rates are once again above 7% according to a daily index that cites concerns over spending in President Donald Trump's 'big, beautiful bill'
These are today's mortgage and refinance rates. Mortgage rates are up as bond investors react to the debate around the GOP tax bill.
Treasury have been climbing because of the Moody's U.S. downgrade, the tax bill under debate in Congress and possible GSE reform.
The advisory firm expects "limited additional market impact" following the initial reactions to the Moody's move. By contrast, elevated mortgage rates are likely to persist, while aspiring ...