Mortgage Rates Surge Past 7% | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded10 Sep 2026

Publisherfeeds.acast.com ↗

Handlerec:20332850

Show notes

Mortgage rates just surged past 7%, the highest since May 2025, fueled by a spike in oil prices and a shaky bond market. With the 10-year Treasury yield climbing, homebuyers now face monthly payments up by $244 on average — and homebuilder stocks are taking another hit as sales dip despite rising prices. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab6c9a01a92a58d3

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.