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Mortgage rates surge to highest level since July
C
CNBC
May 19, 2026
Mortgage RatesSource: GNews
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.
Growing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit.
The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage News Daily. That is the highest ... [993 chars]
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Originally published by CNBC
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