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

CNBC, March 2 2026-Diana Olick
The average rate on the popular 30-year fixed loan rose 13 basis points to 6.12% on Monday.
Mortgage rates loosely follow the yield on the U.S. 10-year Treasury, which rose back above 4% following the conflict in Iran.
The rate reversal comes as the spring housing market gets underway.
Click here for more