Mortgage Rates Will Spike If U.S. Defaults On Debt, Moody’s Report

Forbes, Sept. 24, 2021–Kathleen Howley
Buried in a 10-page report from Moody’s Analytics detailing the catastrophic economic impact if Congress fails to raise the debt ceiling – for starters, a U.S. default could wipe out 6 million jobs and $15 trillion in wealth – is a line about the mortgage market and home loan rates.
https://www.forbes.com/sites/kathleenhowley/2021/09/24/mortgage-rates-will-spike-if-us-defaults-on-debt-moodys/?sh=38ae3424304f