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Mortgage Rates Hit 6.53% Amid Inflation, Trump Eases Regulations

3/21/2026

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Summary

Story summary

Mortgage rates rose to 6.53% as inflation driven by the ongoing war with Iran pressures affordability.
Housing inventory rose 5.6% year over year.
New listings declined 1.4%.
Homes sit on the market longer.
U.S. President Donald Trump signed an executive order to ease mortgage regulations to reduce costs for homebuyers.

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Story summary

Mortgage rates rose to 6.53% as inflation driven by the ongoing war with Iran pressures affordability.
Housing inventory rose 5.6% year over year.
New listings declined 1.4%.
Homes sit on the market longer.
U.S. President Donald Trump signed an executive order to ease mortgage regulations to reduce costs for homebuyers.