Macro Finance
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
CNBC Business·August 31, 2026·1 min read
Mortgage rates surged to their highest level since June 2025 as new Middle East attacks pushed oil prices up. The expectation had been for falling rates this year, but the war with Iran and the resulting rise in oil prices upended that.
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