Mortgage Rates
The Yield Trap: Housing Recovery Stalls as 10-Year Treasury Hits 4.37% and Mortgage Rates Surge
The fragile optimism that characterized the U.S. housing market during the first two months of 2026 has evaporated, replaced by a cold reality of rising borrowing costs. As of April 3, 2026, the 10-year Treasury yield—a primary benchmark for fixed-rate mortgages—has climbed to a jarring 4.37%