Oil Rose Above $100 A Barrel, And Some Folks Are Betting It Sticks – While US 30-Year Mortgage Rates Topped 7%
SEP 16, 20265 MIN
Description
The conflict in the Middle East has pushed oil prices up – and now stockpiles are dwindling and bypass shipping routes are under attack. Plus, US homebuyers – already facing housing prices at all-time highs – are now paying more for mortgages, thanks to rising government bond yields.
Today’s stories:
Oil Surged Above $100 A Barrel, And It Sure Looks Scary Up There
Rising Mortgage Rates Are Threatening To Lock Americans Out
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