Shea Levin — text status

🇺🇸 JUST IN: US mortgage rates surge to highest level since 2023. - The average 30-year fixed mortgage rate has risen to 7.6%, the highest level since 2023, making homeownership very expensive for buyers. - The 10-year Treasury yield surged to its highest level since 2002 after recording its largest quarterly increase since 1994. - The 30-year Treasury yield also increased to 5.69% as investors continued selling US government bonds.