Turmoil in the bond market, fueled by the war with Iran, is sending US mortgage rates higher and threatening to make buying a home even more expensive.

A bond rout is deepening as inflation fears take hold of the Treasury market, threatening to raise borrowing costs across the US economy.

Higher yields can drive up rates for mortgages and loans going to companies to build AI data centers, which has been a big source of growth for the economy.

Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.

The war in Iran continues to batter financial markets.

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the…

Turmoil in the bond market, fueled by the war with Iran, is sending US mortgage rates higher and threatening to make buying a home even more expensive.

The average long-term US mortgage rate climbed this week to its highest level in nearly nine months, raising borrowing costs for homebuyers during what is traditionally the…

Several factors influence mortgage rates, including the Federal Reserve’s interest rate policy decisions and bond market investors’ economic and inflation expectations

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the…