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Average five-year mortgage rate hits 6% for first time in three years
Average five-year fixed mortgage rates have climbed to 6%, marking the highest level seen in over three years and impacting homeowners globally.
3 trends tracked about this subject — the full history, oldest to newest below.
Average five-year fixed mortgage rates have climbed to 6%, marking the highest level seen in over three years and impacting homeowners globally.
A global bond selloff has pushed Treasury yields to multiyear highs, triggering a corresponding decline in stock futures.
U.S. stocks decline as a global bond selloff pushes 10-year Treasury yields toward the 5% threshold.