Mortgage Rates Surge as Iran War Fears Shake U.S. Housing Market
Mortgage Rates Jump to ~7% Amid Iran War Fears, Shaking U.S. Housing Market The ongoing Iran war is already sending shockwaves through the U.S. housing market, with mortgage rates rising and buyer confidence weakening. As of late March 2026, the average 30-year fixed mortgage rate has climbed to around 6.4%–6.5%, driven by rising bond yields…