Mortgage rates hit highest level since the start of the war with Iran
General Idaho
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July 16, 2026
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By Samantha Delouya, CNN (CNN) — Geopolitical tensions are rippling through America’s housing market, adding to the financial strain on homebuyers. This week, the average rate on a 30-year fixed mortgage climbed to 6.55% — its highest level in nearly a year — after renewed strikes in Iran rattled financial markets. The increase all but
Source: https://localnews8.com/feed/ - Read Original
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