Reported 2 days ago
China may retaliate against US tariffs by selling off U.S. Treasury bonds and mortgage-backed securities (MBS), which could lead to higher mortgage rates for American homeowners. As mortgage rates increase, homebuyers may face higher costs and tighter lending standards, potentially pricing some out of the market. The outcome depends on how China balances its financial interests with the implications of such actions on global markets.
Source: YAHOO