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The Independent UK
The Independent UK
National
Alex Veiga

Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates

Spring Homebuying Season - (Copyright 2026 The Associated Press. All rights reserved.)

The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring.

Mortgage rates have been rising since the war began, as surging energy prices heighten worries about higher inflation, pushing up the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to pricing home loans.

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