mortgage crisis

Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. REUTERS/Mike Blake
USA

US mortgage interest rates jump to 6.52%, highest since mid-2008

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo
Bloomberg Special

Is China stumbling into its own mortgage crisis?