{"id":87661,"date":"2023-03-02T21:09:05","date_gmt":"2023-03-03T01:09:05","guid":{"rendered":"https:\/\/realestateguysradio.com\/?p=87661"},"modified":"2023-03-02T21:09:05","modified_gmt":"2023-03-03T01:09:05","slug":"newsfeed-mortgage-rates-jump-back-over-7-as-inflation-fears-drive-yields-higher","status":"publish","type":"post","link":"https:\/\/realestateguysradio.com\/newsfeed-mortgage-rates-jump-back-over-7-as-inflation-fears-drive-yields-higher\/","title":{"rendered":"Newsfeed: Mortgage rates jump back over 7% as inflation fears drive yields higher"},"content":{"rendered":"
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By Diana Olick via CNBC<\/a><\/p>\n

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KEY POINTS<\/div>\n
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  • The average rate on the 30-year fixed mortgage jumped back over 7% Thursday, rising to 7.1%, according to Mortgage News Daily.<\/li>\n
  • Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury.<\/li>\n
  • While the trajectory for rates now appears to be higher again, it is not necessarily guaranteed for the long term.<\/li>\n<\/ul>\n