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Home/Briefs/mortgage rates

BriefApril 14, 2026 · 04:30 AM

Oil Trade Disruptions Push 30-Year Mortgage Rates Higher

The average 30-year fixed mortgage rate reached 6.24% as of April 13, 2026. This follows a climb of over 40 basis points by the end of March. The increase was driven by a conflict with Iran that began in February, which halted oil trade and sent 10-year Treasury bond yields climbing.

Reagan Prescott

mortgage ratesbond yieldsgeopolitical risk

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