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Golden Ten Data reported on June 26 that as another underwhelming spring selling season draws to a close, U.S. mortgage rates have risen slightly. Freddie Mac stated in a release on Thursday that the average 30-year fixed mortgage rate rose to 6.49% from 6.47% a week earlier. A year ago, the rate stood at 6.77%. The high cost of borrowing has continued to burden the real estate market; previously, Middle East conflicts pushed up energy prices and inflation, leading to increased borrowing costs. This coincided with the prime selling season, further heightening anxiety among buyers and sellers. According to Redfin data, new property listings for the week ending June 21 fell by 1.7% from the previous week, dropping to the lowest level since February. Kara Ng, Senior Economist at Zillow, said: “A rate around 6.5% is still better than a year ago, which continues to offer some support for homebuyers. However, it is not enough to bring about a significant breakthrough in improving affordability.” Zillow projects that rates will remain between 6.4% and 6.5% throughout the summer, gradually dropping to around 6.2% before the end of the year.

According to Odaily, Greeks.live macro researcher Adam posted on X: "Tomorrow is the quarterly settlement. Bitcoin has fallen below $60,000, and from the Gex chart it is clear that $60,000 is the largest position, but at the same time, there is also significant accumulation at $58,000 and $59,000. The market's risk is building up; institutions and large holders have not continued to bet on a further decline, but are merely waiting for settlement."

① 03:40 (UTC+8) Federal Reserve Williams delivers a speech