The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to ...
The 10-year yield tested 2024 highs above 4.6% before pulling back slightly. Yields had retreated earlier in 2024 as the Federal Reserve vowed to begin cutting rates. But the chances that the central ...