U.S. 30-year mortgage rates surged to 6.41%, the highest since September, as Iran war-driven inflation fears push Treasury yields higher, offsetting traditional safe-haven effects and adding $115 to monthly payments for median-priced homes compared to two weeks ago.
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US Mortgage Rates Surge to 6.41% Amid Iran War, Highest Since September

U.S. 30-year mortgage rates surged to 6.41%, the highest since September, as Iran war-driven inflation fears push Treasury yields higher, offsetting traditional safe-haven effects and adding $115 to monthly payments for median-priced homes compared to two weeks ago.

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The Fed cut its interest rate, but mortgage costs went higher

Torsten Asmus | Istock | Getty Images Longer-term Treasury yields jumped…
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https://www.newsbeep.com/135073/

Lennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.
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https://en.infomaxai.com/news/articleView.html?idxno=82565
Buffett-Backed Lennar Misses Earnings Estimates as US Housing Slump Persists

Lennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.

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