RootData heat index ranking: Diamante Net ranked first, DaiGN ranking improved the most
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US 30-year mortgage rates soar to 7%! Real estate market woes intensify
According to Mortgage News Daily, the average 30-year fixed mortgage rate in the United States rose sharply to 7.24% on September 16, up 27 basis points from 6.97% a week earlier. On September 17, the rate slightly eased to 7.19%, but still remained significantly above the 7% threshold. Currently, existing homeowners in the U.S. face the dilemma of "losing their low-interest loans if they sell", leading to weak willingness to sell, high property prices, and a worsening housing market situation.
The "new Bond King" Gundlach warns: The next recession may trigger a US debt crisis, and US Treasury bonds will no longer be a safe haven.
The "new bond king" Jeffrey Gundlach has warned that the next round of economic downturn in the United States could trigger a debt crisis, pushing long-term U.S. Treasury yields sharply higher. This would break the decades-old conventional belief that bonds are always a safe haven during economic turbulence.
Nvidia (NVDA.US) further strengthens AI infrastructure by investing $2 billion in Brookfield (BAM.US) Global AI Fund, which aims to raise $10 billion.
Nvidia has invested $2 billion in the Global Artificial Intelligence Infrastructure Fund under Brookfield Asset Management.
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