US Mortgage Rates Climb for Fifth Consecutive Week Amid Iran War
Mortgage rates in the United States have risen for the fifth straight week, with the average 30-year rate jumping to 6.46 percent, making homeownership more expensive as the Iran conflict stokes inflation fears and weighs on the housing market.
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Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market
The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.
By Gregory Schmidt
Read full article →Buying a home just got more expensive as the Iran war drives up mortgage rates
Mortgage rates hit a six-month high of 6.38% as the Iran conflict stokes inflation fears, pushing homeownership further out of reach for many Americans.
Read full article →Mortgage rates rise for the fifth week in a row. Here’s how much more homebuyers are paying since the Iran war started.
Just before the start of fighting in the Middle East, mortgage rates had dropped to their lowest level since 2022, with the 30-year rate at 5.98% on Feb. 26, Freddie Mac data show.
By Andrew Keshner
Read full article →
