COVERAGE GAP

DEV.

U.S. Mortgage Rates Breach 7% Mark

Mortgage rates surpassed 7% as bond yields climbed, worsening housing affordability.

COVERAGE GAPLEFT SOURCES ONLY

DEVELOPING TIMELINE

First Report Sep 26: Mortgage rates topping 7% and rising costs are squeezing buyers and renters alike.

Sep 28: Mortgage rates exceed 7% as bond yields climb

WHAT'S CONFIRMED

NOT REPORTED ELSEWHERE

▸Higher rates are deepening an already limping U.S. housing market gridlock. — NPR Economy
▸S&P 500 stock returns have blown away housing market returns over the past decade. — Fortune

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DEVELOPING TIMELINE

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