Housing market cools as buyers take their time and refuse to overpay for homes
https://fed.brid.gy/r/https://nerds.xyz/2026/03/housing-market-cools-buyers-refuse-overpay/
The BBC says the Iran war is pushing up mortgage costs. That’s only part of the story.
The real drivers are much closer to home — and far more serious.
#MortgageRates #UKHousing #CostOfLiving #Iran #BBC #PoliticsLive #PMQs
https://thewhipline.substack.com/p/heres-what-the-bbc-isnt-telling-you
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.
How will war in the Middle East affect your finances?
By Rupert Jones and Zoe Wood
Surging energy prices and tumbling stock markets are threatening a new UK cost of living crisis
#UKcostoflivingcrisis #USIsraelwaronIran #Financialsector #Business #Inflation #Interestrates #Economics #Worldnews #Petrolprices #Energybills #Money #Householdbills #Motoring #Stockmarkets #Pensions #FTSE #Mortgagerates #Mortgages #Banksandbuildingsocieties #Property #Housingmarket #Familyfinances #Consumeraffairs #RupertJones #ZoeWood
Bombs are exploding in #Iran & the #MiddleEast, but the fallout is rattling households & businesses in neighborhoods all over the globe.
In Kansas, home buyers saw 30-yr #MortgageRates edge above 6% this week. In West India, families mourning the death of a loved one discovered that #gas fired #crematories had been temporarily closed.
In Hanoi, Vietnam, gas station owners posted “sold out” signs. In Kenya, tea growers & traders worried their exports to Iran would rot on the dock.
Higher #MortgageRates could widen that gap even further, making it harder for many households; wealthier buyers & investors are more likely to pay in cash.
The geopolitical tensions driving #energy prices higher are also complicating the outlook for #InterestRates. Expectations that the #FederalReserve might begin cutting rates have faded as #markets worry #inflation could stay higher for longer than anticipated.
#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump
But if the recent uptick continues, #MortgageRates will add to a list of concerns that could keep #home buyers on the sidelines, said Hannah Jones, a senior economic research analyst at Realtor.com.
“Spring feels very uncertain,” Jones said. “This definitely feels like we’re back where we were a year ago: #tariff uncertainty, #economic uncertainty, #geopolitical uncertainty. All of this is making the path ahead seem really unclear.”
World news | The Guardian
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