Mortgage rates poised to rise as U.S. Treasury yields surge

FILE - A for sale sign stands in front of a house, Tuesday, Oct. 6, 2020, in Westwood, Mass. The long period of ultra-low rates on home loans may be over. Long-term bond yields, which can influence interest rates on mortgages, have climbed this month amid expectations of ramped-up U.S. government stimulus spending, economic growth and higher inflation.

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