Iran War Resumes. Will It Sway Mortgage Rates and Home-Buying Dreams?Iran War Resumes. Will It Sway Mortgage Rates and Home-Buying Dreams?Iran War Resumes. Will It Sway Mortgage Rates and Home-Buying Dreams?
USA TODAY Network / ReutersRenewed fighting between the U.S. and Iran has reignited uncertainty among investors, but it hasn’t moved mortgage rates too much, data shows. The 30-year fixed-rate mortgage continues to fluctuate around the mid-6% range. It averaged 6.49% as of July 9, up from last week when it averaged 6.43%, Freddie Mac said. A year ago at this time, the 30-year fixed-rate mortgage averaged 6.72%.