Mortgage Rates Hit a 2025 High Amid Rising Oil Prices from New Middle East Conflicts

Highlights: 30-year fixed mortgage rates hit 6.87%, the highest since June 2025. Rising oil prices and economic conditions contribute to increased borrowing costs. Homebuyers face greater financial stress, with higher payments affecting mortgage qualification. The landscape of the housing market is witnessing significant shifts as variables such as inflation, economic resilience, and geopolitical tensions reshape […]