Mortgage Rates Skyrocket Amid Iran War
Tampa Bay News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Mortgage rates in the U.S. surge to six point four six percent, highest in nearly seven months, due to the war in Iran. Economists warn of spiking inflation fears and higher petroleum costs, leading to increased mortgage rates and decreased home applications. Gas prices reach four dollars a gallon, with potential for further economic impact as the conflict continues.
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