US fixed 30-year mortgage rate hits three-month high amid Iran war
Yahoo Finance·2026-03-19 16:34
WASHINGTON, March 19 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage surged to a three-month high this week as war in the Middle East stoked inflation fears, dealing a blow to the Trump administration's efforts to make housing more affordable. The 30-year fixed mortgage rate averaged 6.22%, highest since early December, up from 6.11% last week, mortgage finance agency Freddie Mac said on Thursday. Rising mortgage rates, if sustained, could hamper home sales during the ...