Iran tensions push U.S. mortgage rates to multi-month high
TL;DR
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.
Topics:businesseconomy#10-year-treasury-yield#economy#housing-market#inflation-fears#iran-conflict#mortgage-rates
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- Mortgage Rates Inch Higher as War Weighs on Housing Market The New York Times
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