Will we dodge mortgage rates moving up to 7%? The latest rate forecasts from major industry sources are in, and so far, the news is good. Learn more: The best mortgage lenders right now Recent history of 7% mortgage rates The 30-year home loan rate has been in 7% territory many times over the past four years. According to Freddie Mac, mortgage rates already edged above 7% (7.04%) for one week this year — in January 2025. They stepped over 7% for six weeks in 2024, 17 weeks in 2023, and twice in 2022. ...

The Bank of England is facing pressure to hold onto more than a quarter of its bond holdings, potentially for decades, after recent market turmoil highlighted the fragility of demand for long-dated UK government debt. https://t.co/DbdxRxQNTA ...

Government Debt - US debt to GDP ratio is approximately 121%, with about 36 trillion USD of debt and a GDP of about 30 trillion USD [1] - US debt to GDP ratio is among the highest, second only to Japan's 240% [2] - US national debt is considered a significant problem for the market's future [3] - The debt to GDP ratio has doubled since the 1990s, when it was around 60-66% [3] Gold and Silver Ratio - The current gold to silver ratio is about 91, while historically it averages around 60 [3][4] - Gold prices have increased by approximately 30% this year [5] US Dollar and Platinum - The US dollar has declined by about 12% in the first six months of the year, marking one of the biggest declines since 1973 [5] - Platinum prices are currently less than half the price of gold, despite recent increases [6] - Platinum may be an option for diversifying out of stocks or other assets [6]

EV Market & Policy - Elon Musk's opposition to the 'One Big Beautiful Bill' is primarily due to concerns about rising government debt, not the removal of EV tax credits or mandates [1] - Tesla's competitive position would improve significantly if all EV incentives were eliminated [1][2] - Elon Musk endorsed Trump knowing the EV mandates would likely be removed [1] - Elon Musk has repeatedly stated that the EV subsidy should end [1]