Iran tensions push U.S. mortgage rates to multi-month high

1 min read
Source: CNN
Iran tensions push U.S. mortgage rates to multi-month high
Photo: CNN
TL;DR Summary

Mortgage rates rose to 6.22% for the 30-year fixed, the highest in more than three months, as the US‑Iran conflict boosted energy prices and inflation concerns; the 10-year Treasury yield climbed and mortgage applications fell about 10%, signaling spring homebuying could cool.

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