US mortgage rates jumped for a fourth straight week, reaching the highest point in six months and dampening prospects for the crucial spring season as the Iran war roils markets.
A home for sale in the Encino neighborhood of Los Angeles, California, US, on Sunday, July 13, 2025. Like in the broader US market, home sales have slowed in Southern California as high interest rates and economic uncertainty chill demand. Photographer: Eric Thayer/Bloomberg
Mortgage rates rose for a third week, reaching a three-month high as wartime inflation fears drove up yields for the government bonds that guide home loans.
Homes in Hercules, California. Photographer: David Paul Morris/Bloomberg
Mortgage rates in the US jumped by the most in almost a year as inflation fears stoked by the war with Iran added uncertainty for the upcoming spring sales season.
Homes under construction at the Pulte Homes Solis and Vista at Montelena development in Rancho Cordova, California, US, on Monday, July 22, 2024. PulteGroup Inc. is scheduled to release earnings figures on July 23. Photographer: David Paul Morris/Bloomberg
US homebuyers had to act fast last week to nab the first sub-6% mortgage rates in more than three years. Now they’re up, and the new conflict in the Middle East threatens to nudge them higher.
The exterior of a home during an open house in Seattle, Washington, US, on Sunday, Jan. 18, 2026. With the crucial spring homebuying season ahead, real estate agents finally have something fresh to sell: the lowest mortgage rates in three years. Photographer: David Ryder/Bloomberg
For the first time since 2022, the average 30-year mortgage rate in the US has slipped below 6%, a milestone that could breathe life into the coming spring home-selling season.
An aerial view of mansions along the coastline of southeastern Connecticut, near Greenwich, on September 25, 2006. (Photo by Brooks Kraft LLC/Corbis via Getty Images) Photographer: Brooks Kraft/Getty Images
US mortgage rates fell to the lowest level since September 2022 as affordability slowly improves.
Homes in Crockett, California, US, on Thursday, Jan. 22, 2026. Pending sales of US existing homes fell in December by the most since April 2020, an unusually large drop after the housing market appeared to be gaining some momentum. Photographer: David Paul Morris/Bloomberg
President Donald Trump pitched his populist economic platform to autoworkers and supporters at a casino in battleground states in recent weeks. Now he’s targeting a different audience: the global elite gathered in the Swiss ski village of Davos.
The World Economic Forum logo on a window in the Congress Center on the closing day of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 19, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photographer: Stefan Wermuth/Bloomberg
President Donald Trump’s pledge to bar Wall Street investors from buying single-family homes had the feel of a counterpunch on behalf of consumers frustrated by a yearslong housing crisis. But experts immediately questioned whether such a ban would do much to alleviate the high prices and supply shortages in many American communities — or even make them worse.
Prospective buyers attend an open house in San Francisco.
Mortgage rates in the US ticked lower for a second straight week.
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. The Mortgage Bankers Association is scheduled to release mortgage applications figures on November 19.
Luxury builder Toll Brothers Inc. beat analysts’ estimates for quarterly orders, while providing full-year guidance for 2026 that fell below expectations.
Construction at a Toll Brothers housing community in Morgan Hill, California. Photographer: David Paul Morris/Bloomberg
Mortgage rates dropped for a second week, hitting the lowest level since late October.
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. The Mortgage Bankers Association is scheduled to release mortgage applications figures on November 19.
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