The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed - Fortune
business 2026/06/05 16:37:00

The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed - Fortune

Source:Fortune
Author:Michael J. Highfield, The Conversation

Trump’s tax-and-immigration megabill is forcing Treasury to flood bond markets with new debt, pushing 10-year yields higher. Not good for your mortgage.

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