The Story
News Summary
- Escalating geopolitical tensions between the US and Iran drove mortgage rates to nearly yearly highs and oil prices above $100, fueling inflation fears.
- Despite higher borrowing costs, mortgage applications surprisingly rose 6%, suggesting buyers are rushing to enter the market before rates climb further.
Explore BRENT price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
BRENT price history
105.88
+63.09% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.