rates

Mortgage rates hit 6% as Iran war spooks bond market traders

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Mortgage rates hit 6% as Iran war spooks bond market traders

US mortgage rates didn’t stay below 6% for long. The average 30-year fixed mortgage was 6% for the week ending March 5, according to Freddie Mac – after war with Iran rattles financial markets. The yield on the 10-year Treasury, which mortgage rates closely follow, has climbed since President Donald Trump and Israel launched military … اقرأ المزيد

Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

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Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

The war in Iran is driving up the cost of buying a home in America. The average 30-year fixed mortgage rate rose to 6.22% this week, up from 6.11% the week before. It’s the highest level since early December, reflecting the inflation fears rippling through markets. Less than a month ago, rates had fallen below … اقرأ المزيد