Source item

From the FT: "US mortgage rates jumped the most in four years as an accelerating sell-off in the government bond market deals a fresh blow to the housing market just weeks ahead of midterm elections. The 30-year fixed-rate mortgage averaged 7.28 per cent as of October 1, an increase of 0.25 percentage points from a week ago, Freddie Mac said on Thursday." #economy #markets #housing #mortgages @ft