What Happened
Mortgage rates shot higher last week, as the war with Iran stoked fears over inflation.
Why It Matters
That caused a major drop in refinance demand, but buyer demand improved.
Background Context
Mortgage rates shot higher last week, as the war with Iran stoked fears over inflation. That caused a major drop in refinance demand, but buyer demand improved.
What To Watch Next
Track official statements, independent verification, and regional impact updates in the next 24 to 48 hours.
Editorial Next Step
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Source: US Top News and Analysis – Original Link
Source: US Top News and Analysis