Mortgage Rates Rise Amid Global Tensions | Raleigh News

Mortgage rates just hit 6.55% for a 30-year fixed — the first time above 6.5% in over a month — as geopolitical tensions with Iran reignite, pushing oil prices and inflation, which in turn keep rates climbing. Even with better-than-expected inflation data, don’t expect a drop anytime soon — the Fed’s lagging indicators mean rates may stay stubbornly high. If you’re buying, don’t wait for a miracle rate — lock in what fits your budget now and shop around with lenders. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/225fa4c1cb71d22e