US Expands Iran Attacks, Mortgage Rates Highest in Nearly A Year

The U.S. expanded its Iran attacks, a development that raises geopolitical risk. Separately, mortgage rates hit the highest level in nearly a year, implying tighter housing affordability and potential pressure on rate-sensitive demand.

Analysis

The U.S. expanded its Iran attacks, a development that raises geopolitical risk. Separately, mortgage rates hit the highest level in nearly a year, implying tighter housing affordability and potential pressure on rate-sensitive demand.