@nateloans: The 10-year Treasury just hit 5.15%, its highest level since July 2007, while mortgage rates are sitting at 7.37%. 📈 A stronger-than-expected economy and rising oil prices are keeping inflation concerns alive, putting upward pressure on mortgage rates. Meanwhile, markets are still pricing in a 65% chance of another Fed rate cut in October. The Fed may be cutting rates, but the bond market has other plans. 🫠 . . . #interestrates #economy #inflation #fed