US mortgage rates jumped for a second straight week, increasing borrowing costs and threatening to stall the spring home sales season. The move is negative for housing demand and transaction activity, with potential spillover to mortgage lenders, homebuilders, and real estate services if higher rates persist.
US mortgage rates jumped for a second straight week, increasing borrowing costs and threatening to stall the spring home sales season. The move is negative for housing demand and transaction activity, with potential spillover to mortgage lenders, homebuilders, and real estate services if higher rates persist.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.30