The average 30-yr fixed #mortgage rate rose to 6.38% this week, climbing for the 4th-straight week to levels not seen in >6 months. It’s the largest 1-week jump in mortgage rates since April 2025, when markets were rattled due to #Trump’s initial tariff announcement.

The #US #housing market was supposed to turn a corner this year, but economic uncertainty & a jump in #MortgageRates fueled by the #US - #Israel #war in #Iran are complicating #affordability for homebuyers.

https://www.cnn.com/2026/03/26/economy/mortgage-rates-us-housing-market-iran-war?cid=ios_app