Mortgage Rates Climb to Highest Level in 9 Months

CNN, May 21, 2026-Samantha Delouya
Turmoil in the bond market, fueled by the war with Iran, is sending US mortgage rates higher and threatening to make buying a home even more expensive.

The average 30-year fixed-rate mortgage rose to 6.51% this week, reaching the highest level since August of last year, according to Freddie Mac.
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