The benchmark rate rose to 6.71% this week, up from 6.66% last week, as inflation tied to the U.S.-Iran conflict keeps bond yields elevated

Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year

US 30-year mortgage rates rose to 6.71%, the highest since July 2025, as Treasury yields climbed amid inflation and Middle East conflict concerns.