Please see below from CNBC for the latest on the US mortgage market.

It is interesting to see how mortgage costs are evolving beyond their traditional role as a key housing market indicator. In the current climate, mortgage rates are taking on broader political and social dimensions. This is part of a larger phenomenon whereby markets and economic policy are increasingly influenced by domestic politics, geopolitics, and national security—particularly IF corporate earnings growth were to slow. #e — via @elerianm

Mortgage rates now carry political and social weight, expanding beyond housing data.