#MortgageRates Rise as #Iran #War Ripples Through #FinancialMarkets

#Mortgage are climbing again as new #inflation concerns have roiled financial #markets.

The average 30-year fixed-rate mortgage rate in the #US rose to 6.11%, the mortgage-financing giant Freddie Mac said Thursday, the second week in a row that rates have risen.

#economy #affordability #CostOfLiving #Trump #trumpcession #recession
https://www.nytimes.com/2026/03/12/business/mortgage-rates-rise-above-6-percent.html?smid=nytcore-ios-share