How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates

How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates

A combination of higher mortgage rates and economic uncertainty are reversing what was expected to be a recovery year in the housing market.

The immediate impact of the war with Iran on the U.S. housing market has been a sharp rise in mortgage rates. One day before the strikes began, the average rate on the 30-year fixed loan was 5.99%, a… [+3341 chars]