US Fixed 30-Year Mortgage Rate Hits Three-Month High Amid Iran War
- The US fixed 30-year mortgage rate has reached a three-month high amid the Iran war.
- Shaun Cathcart, director and senior economist at the Canadian Real Estate Association, discussed how inflation and the Iran conflict are affecting mortgage rates.
- Consumers face rising costs for weekly shopping, travel, holidays, and other day-to-day expenses due to these economic conditions.
- The ongoing economic effects of the Iran conflict are expected to impact household budgets regardless of lifestyle.
13 Articles
13 Articles
The war with Iran is raising the cost of buying a home in the United States.
Mortgage rates already rising as war in Iran continues
Shaun Cathcart, director and senior economist, housing data and market analysis at the Canadian Real Estate Association, talks about Canada's housing market and how inflation and the Iran conflict are affecting mortgage rates.
The Minister of Defense sees that time is on Iran's side in the war.
Money Talks: Mortgage rate spikes, airfare increases and soaring fuel prices – how the Iran war could hit your pocket
Have you been noticing price hikes at the petrol pump? Or perhaps you’re second guessing your travel plans? No matter what your lifestyle is, it seems likely that the ongoing conflict in Iran will impact your household budget.
Fixed mortgage rates up dramatically since start of Iran war — and they’re unlikely to drop soon
Canadians are seeing double-digit basis point hikes as the bond yield responds to rising oil prices. And they’re unlikely to drop anytime soon.
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