Mortgage Rates Rebound as Iran Peace Hopes Rise
TL;DR
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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- What are today's mortgage interest rates: May 7, 2026? CBS News
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