Mortgage Rates Near 7.5%, US-China Truce Extended, Oil Jumps | Sept 24 Money Update

The 30-year mortgage rate jumps to 7.45%, close to 7.5%, as the 10-year Treasury yield climbs to about 5.2%, its highest since 2007; the U.S.–China tariff truce is extended to January 10 as President Trump hosts Xi Jinping at the White House; and U.S. Crude rises 2.8% to $94.76 on Iran war fears.

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