Business
What Happened to mortgages?
Overview
Mortgages are trending as rates approach a 6-month high, impacting home loan demand which has seen a significant weekly decline. Geopolitical events like the Iran war are also cited as potential disruptors to the U.S. housing recovery, indirectly affecting the mortgage market.
What the News Says
1
How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates
CNBC2
Mortgage rates near 6-month high — but here’s how much worse it would be without Freddie and Fannie’s bond buying
MarketWatch3
Mortgage Applications Today: Home Loan Demand Drops 10.5% in Second Straight Weekly Decline as Rates Climb
Realtor.comGet the full breakdown — why it matters, background context, and what comes next.
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