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War & Conflict2h 30m ago
The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week.
U.S.
Who
Freddie Mac, Mortgage Bankers Association, Jiayi Xu
What
The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week.
When
Sat, 13 Jun 2026 19:11:05 GMT · 2h 30m ago
Where
U.S. ·
Why
Mortgage rates are trending higher due to expectations of higher oil prices from the conflict between the U.S. and Iran, which has driven up inflation and kept long-term bond yields elevated.
The Frontline Impact
How this affects you
The rising mortgage rates increase costs for borrowers, reducing purchasing power, potentially dampening housing demand and keeping many potential homebuyers on the sideline despite a recent jump in mortgage applications.
Story chain
1 event in this threadNo related history yet - this is the origin event.
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