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BUSINESSBloomberg Markets·3d ago

The Forces Driving Mortgage Rates

BUSINESSBEATPOST
AI TLDR · GEMINI

Mortgage rates currently sit near 7% as Treasury yields, government borrowing, and debt from hyperscalers drive long-term trends. Dynex Capital Co-CEO Smriti Popenoe suggests that potential Federal Reserve policy changes are necessary to unfreeze the national housing market.

With mortgage rates hovering around 7%. Dynex Capital Co-CEO Smriti Popenoe joins Bloomberg Open Interest to explain why Treasury yields, government borrowing and hyperscaler debt are driving long-term rates—and outlines the Fed policy changes that could help unlock America’s frozen housing market. (Source: Bloomberg)

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