Episode

Mortgage Rates Surge Past 7% | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Sep 10, 2026
Duration seconds
82
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https://sources.thednn.ai/ab6c9a01a92a58d3
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https://api.fastcast.ai/audio/c62248c4-eebc-4773-9245-e01a853f9281.mp3
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Summary

Mortgage rates just surged past 7%, the highest since May 2025, fueled by a spike in oil prices and a shaky bond market. With the 10-year Treasury yield climbing, homebuyers now face monthly payments up by $244 on average — and homebuilder stocks are taking another hit as sales dip despite rising prices. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/ab6c9a01a92a58d3