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Story summary
- Mortgage rates rose to 6.41% as of March 13, 2026, a seven-month high.
- The rise stems from higher bond yields influenced by the ongoing war in Iran, which has boosted inflation expectations.
- Despite expectations that bonds would offer safety, their performance has been counterintuitive.
- The rate remains below last year's peak of 6.78%.
- The 30-year fixed loan rate tracks the yield on the 10-year U.S. Treasury, which has risen.
