Mortgage rates climbing thanks to US & Israel war on Iran

[Nakedtruth]

Mortgage rates climbing thanks to US & Israel war on Iran is this what MAGA means ......





"Washington —

US mortgage rates climbed this week as investors fret the economic impact of President Donald Trump’s 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 Trump’s “Liberation Day” 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. "

more in this link.....


https://www.cnn.com/2026/03/12/economy/ ... gage-rates

[Webby]

4 years ago I refinanced my 1st and 2nd at 3.25%

[TheButcher]

4 years ago I refinanced my 1st and 2nd at 3.25%

Smart move now you're laughing all the way to the bank. I never believed in adjustable rate mortgages, you get the best fixed rate and have peace of mind for the thing.

[AlexO]

Fuck fuck fuck I'm on an adjustable

[LuKenGas]

Fuck fuck fuck I'm on an adjustable

Well who thought the guy running on ending endless wars will go start so many wars and conflicts

[trafficseller]

The Fed better drop rates or it will cause a lot of foreclosures

[LovinLife]

Foreclosures will increase and the rich will pick up bargains. It is how people make money off the suffering of others.