US mortgage rates climbed this week as investors fret the economic impact of President Donald Trumpâs war on Iran, undoing some of the welcomed progress in housing affordability. The average rate of a standard, 30-year fixed mortgage was 6.11% in the week ending March 12, according to a survey of lenders by Freddie Mac released Thursday. That was biggest weekly increase since April, when Trumpâs âLiberation Dayâ tariffs caused bond yields to spike. Just two weeks ago, the average rate slipped below 6% for the first time since 2022, crossing a key psychological threshold that generally makes people feel more confident about buying a home. The yield on the 10-year US Treasury note, which mortgage rates follow, has risen sharply since Trump and Israel launched attacks on Iran earlier this month, sending global energy prices skyrocketing and making it difficult for the Federal Reserve to deliver rate cuts anytime soon. On Thursday, the 10-year yield rose to 4.25%, its highest level since early February. Trump on Thursday afternoon called on Fed Chair Jerome Powell to lower interest rates, a frequent demand from the president: âWhere is the Federal Reserve Chairman, Jerome â
Mar 12, 2026 → Apr 2, 2026
Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than it was just a few weeks ago, before the outbreak of war with Iran. The average 30-year fixed mortgage rate rose to 6.46% this week,…
Read original at CNN →3 updates from 1 source over 3 weeks.
Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than it was just a few weeks ago, before the outbreak of war with Iran. The average 30-year fixed mortgage rate rose…
Read original at CNN →The US housing market was supposed to turn a corner this year, but economic uncertainty and a jump in mortgage rates fueled by the US-Israeli war in Iran are complicating affordability for American homebuyers. After…
Read original at CNN →US mortgage rates climbed this week as investors fret the economic impact of President Donald Trumpâs war on Iran, undoing some of the welcomed progress in housing affordability. The average rate of a standard,…
Read original at CNN →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than it was just a few weeks ago, before the outbreak of war with Iran. The average 30-year fixed mortgage rate rose to 6.46% this week,…
View source →The US housing market was supposed to turn a corner this year, but economic uncertainty and a jump in mortgage rates fueled by the US-Israeli war in Iran are complicating affordability for American homebuyers. After years of sluggish…
View source →US mortgage rates climbed this week as investors fret the economic impact of President Donald Trumpâs war on Iran, undoing some of the welcomed progress in housing affordability. The average rate of a standard, 30-year fixed mortgage was…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
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