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Trump Extends Iran Ceasefire, Lifts Oil; Mortgage Rates Slip

4/24/2026

35 5 Full Breakdown

Summary

Story summary

President Donald Trump extended Iran ceasefire and ordered the Navy to engage any mine-laying boat in the Strait of Hormuz, lifting oil prices.
Freddie Mac reported the 30-year fixed mortgage rate fell to 6.23% on Thursday, while the 15-year rate slipped to 5.58% from 5.65%.
The 10-year Treasury yield was 4.30% in midday trading, slightly below 4.32% a week earlier.
MLS economist Lisa Sturtevant warned rates will stay volatile this spring.

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Story summary

President Donald Trump extended Iran ceasefire and ordered the Navy to engage any mine-laying boat in the Strait of Hormuz, lifting oil prices.
Freddie Mac reported the 30-year fixed mortgage rate fell to 6.23% on Thursday, while the 15-year rate slipped to 5.58% from 5.65%.
The 10-year Treasury yield was 4.30% in midday trading, slightly below 4.32% a week earlier.
MLS economist Lisa Sturtevant warned rates will stay volatile this spring.