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NewsMar 27, 20260 views

Home Mortgage Rates Hit Seven-Month High, Refinancings Drop Since Iran War

The Iran war is starting to hit the homefront. Home mortgage rates have risen 60 basis points since the U.S. began its bombing campaign against Iran one month ago, with the average interest rate on the 30-year fixed loan jumping from 5.99 percent on Feb. 28 to nearly 6.5 percent today, according to

Source: Commercial Observer

The Iran war is starting to hit the homefront. Home mortgage rates have risen 60 basis points since the U.S. began its bombing campaign against Iran one month ago, with the average interest rate on the 30-year fixed loan jumping from 5.99 percent on Feb. 28 to nearly 6.5 percent today, according to Mortgage News […]

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