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Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market

The New York Times – Business:

The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.

Gregory Schmidt
Author: Gregory Schmidt

This post first appeared in The New York Times – Business. Read the original article.

Written by

Gregory Schmidt

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Economic Conditions and Trends, Mortgages, Personal Finances, Real Estate and Housing (Residential), United States Economy, US and Israeli Attack on Iran (2026)
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