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US Mortgage Rates Surge to 6.74% as Middle East Tensions Escalate

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • US mortgage rates jumped significantly, with the 30-year fixed rate climbing 15 basis points to 6.74% following escalating Middle East tensions.
  • Rising borrowing costs reflect broader yield surges, dampening housing sentiment while geopolitical risks fuel upward pressure on commodities.
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US500 price history

7656.98 +14.20% over the displayed period

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