Mortgage Rates Surge Past 7 Percent | Durham News

Mortgage rates just hit a wild 180 — soaring past 7% in two days, the biggest jump in a month and the highest since May 2025. The culprit? A spike in the 10-year Treasury yield, fueled by surging oil prices (Brent crude jumped over $7) and inflation worries. With geopolitical tensions rattling markets and the PCE report looming, expect more volatility — keep watching oil, inflation, and Fed moves. 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/9dec993bd38bfda0