Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline

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Mortgage rates have increased sharply following the US-Iran conflict, driven by rising oil prices and treasury yields, reversing last week's decline.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Mortgage rates moved decidedly higher Monday, as the U.S. war with Iran pushed oil prices up and treasury yields followed.

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Original article published by CNBC on March 2, 2026.
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