Business

Mortgage Rates Surge Due to Iran Conflict

Updated 2026-08-31 18:25 UTC 1 source Negative

Mortgage rates have surged to their highest level since June 2025 due to new Middle East attacks and the resulting rise in oil prices. The conflict with Iran is driving economic uncertainty.

Coverage timeline — 1 article
CNBC
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
2026-08-31 17:56 UTC
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