List of Flash News about 6 percent mortgages
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2025-06-01 15:44 |
US Mortgage Rates Above 6% Reach 11-Year High: Crypto Market Impact and Trading Insights
According to The Kobeissi Letter, 20% of US mortgages now have rates greater than 6%, the highest share in 11 years, marking a fivefold increase over the past three years (source: Twitter/@KobeissiLetter, June 1, 2025). This shift in household debt burden signals potential pressure on consumer spending and could impact liquidity in traditional markets, often prompting investors to seek alternative assets such as Bitcoin and Ethereum. Crypto traders should monitor correlations between US economic stress indicators and inflows into digital assets for potential trading opportunities. |