5/25 - How the debt ceiling is affecting mortgage rates

It appears the debt ceiling negotiations are nowhere near an end. Not only is it wreaking havoc in the stock market but it is also driving mortgage rates higher with the national average on the 30 year mortgage now exceeding 7% according to Mortgage News Daily. Tonight on the Jon Sanchez Show at 5pm we’ll discuss how the debt ceiling issue could potentially affect real estate values.

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