đŸ‡ș🇾 US Mortgage Rates Rise to 7.49%

US 30-year mortgage rates have climbed to 7.49%, reaching their highest level since late 2023.

📈 Higher rates mean more expensive borrowing for homebuyers.
🏠 Mortgage applications have also declined as affordability becomes tougher.
đŸ’” Rising Treasury yields, inflation concerns, and higher oil prices are adding pressure.

Crypto angle: Higher borrowing costs can reduce liquidity and increase pressure on risk assets, so markets are watching US rates closely.

What do you think — could higher US rates put more pressure on BTC and crypto? 📊
$MOVR $SOL $AAPLB

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