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Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market

Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market
NYT Business Thursday 24 September 2026, 16:00 UTC By Gregory Schmidt 1 min read
Key Points

The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.

The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
Iran War Crushes (EVENT) the United States (LOCATION)
Originally published by NYT Business Read original →

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