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- Rates on the 30-year fixed mortgage hit 8% on Wednesday, per Mortgage News Daily.
- It's the first time the interest rate on the most popular US home loan hit that mark since mid-2000.
- Bond yields jumped Wednesday to fresh 16-year highs, with the 10-year Treasury yield touching 4.9%.
For the first time since 2000, the rate on the typical 30-year fixed mortgage hit 8% on Wednesday, according to Mortgage News Daily.