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

Kirk Greene: Markets Shaken by War but History Suggests Investors Should Keep Their Nerve

On Feb. 27, the United States and Israel launched coordinated military strikes on Iran targeting missile infrastructure, regime leadership and nuclear facilities. The attacks killed Iran’s supreme leader, Ayatollah Ali Khamenei, and scores of other top regime officials. This marks a decisive escalation from years of shadow conflict into overt warfare, driving up risks for global energy markets, risk assets and the broader macroeconomic backdrop.…

Iran War Drives Up Gas Prices And Mortgage Rates For Americans

The war between the United States and Iran is already affecting American consumers, pushing up fuel prices, mortgage rates, and financial market volatility, according to economic analysts cited by CNBC and AAA. Gas prices have climbed sharply in recent days. The national average reached about $3.25 per gallon, rising roughly 27 cents in a single week, according to AAA. Analysts say the increase followed a spike in global oil prices after U.S. an…

Here's how the U.S.-Iran war is already hitting consumers' pocketbooks

The U.S.-Israeli strikes on Iran over the weekend gave way to a week with topsy-turvy markets, spiking mortgage rates and higher prices at the pump.

Say goodbye to mortgage rates’ three-week slide

The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran.

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

The average 30-year fixed mortgage was 6% for the week ending March 5, according to Freddie Mac – after war with Iran has started to show signs of rattling financial markets.

Sub-6% Mortgage Rates Vanish as Iran War Sparks Inflation Fears