Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline

Business

Mortgage Rates Jump Sharply Higher After Iran Strikes, Reversing Last Week's Decline

By CNBC

After falling below 6%, matching their lowest level in several years, mortgage rates reversed course Monday, hitting their highest point in two weeks. The average rate on the popular 30-year fixed loan rose 13 basis points to 6.12%, according to Mort ...Read more