Stock Market

US fixed 30-year mortgage rate jumps to six-month high as Iran war drags on

By Bullbit Editorial · March 26, 2026

WhatThe US 30-year fixed mortgage rate has risen to **6.12%**, a six-month high, due to increased uncertainty and inflation concerns.
WhyThe ongoing Iran war and rising global tensions have led to a surge in oil prices, pushing inflation expectations higher.
SignalThis rate hike signals a potential shift in the US housing market, with some analysts predicting a slowdown in home sales.
TargetThe Federal Reserve is expected to maintain its hawkish stance, with a possible **75 basis point** rate hike in the next meeting.
RiskHomebuyers may face higher borrowing costs and reduced affordability, increasing the risk of a housing market correction.