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Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.

Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

Published August 31, 2026 · Category: Finance

Overview

The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.

Source

Originally published at www.cnbc.com.

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