Mortgage Rates Rebound as Iran Peace Hopes Rise

1 min read
Source: Mortgage News Daily
Mortgage Rates Rebound as Iran Peace Hopes Rise
Photo: Mortgage News Daily
TL;DR Summary

Mortgage rates spiked Monday on fears of escalating Iran tensions, but have since rebounded to last Friday’s levels as progress toward a peace agreement and falling oil prices pulled yields lower; the move mirrors broader declines in oil and bond markets, with the 30-year fixed rate hovering around 6.44% today.

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