In sync with the surge of 70 basis points in U.S. Treasury yields in October, after the Federal Reserve's significant interest rate cut in September, U.S. mortgage rates &#34;not only did not decrease but instead increased,&#34; rising sharply to over 7%.
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In sync with the 70 basis point surge in U.S. Treasury yields in October, after the Federal Reserve's significant rate cut in September, U.S. mortgage loan rates "not only did not decrease but instead rose," significantly increasing to over 7%

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