Business
Economic Warnings and Mortgage Rate Surge
The average 30-year mortgage rate reached a nearly two-year high of 7.17%, driven by the 10-year Treasury yield crossing 5%. Economists warn that the Federal Reserve may be making a serious mistake by potentially raising interest rates too soon, citing economic vulnerabilities.
Coverage timeline — 2 articles
MarketWatch
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.
2026-09-14 18:37 UTC
MarketWatch
The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward.
2026-09-14 18:42 UTC