US 30-year mortgage rates just hit 7.6% — highest since Nov 2023.
Here's the kicker: this DOESN'T even fully reflect the recent spike in 30Y Treasury yields (now at 24-year highs).
If this pace holds, we could see 8% mortgages within days.
Macro backdrop getting uglier. Housing demand craters → consumer spending slows → liquidity tightens further.
Risk-off vibes intensifying. Watch $BTC correlation to TLT and rate-sensitive alts.
Here's the kicker: this DOESN'T even fully reflect the recent spike in 30Y Treasury yields (now at 24-year highs).
If this pace holds, we could see 8% mortgages within days.
Macro backdrop getting uglier. Housing demand craters → consumer spending slows → liquidity tightens further.
Risk-off vibes intensifying. Watch $BTC correlation to TLT and rate-sensitive alts.
