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0.00098986189829968 0.00119741358665283 0.00143689630398336 0.00132513770256253 0.00260237886165881 0.00729624012133781 0.00348048215853748 0.00617865410712861
Stock impact report

The Iran war is making life more expensive for Americans [CNN]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: CNN
New York — Mortgage rates climbed for five straight weeks after the war began, but ticked down this week to 6.37% for the average 30-year fixed mortgage, according to Freddie Mac. Just weeks ago, borrowing was far cheaper. In late February, just two days before the United States and Israel began joint strikes on Iran, the average 30-year fixed mortgage rate fell to 5.98%, dipping below 6% for the first time in more than three years. Mortgage rates tend to track the 10-year US Treasury yield, which has climbed across the past month as investors have reckoned with the surge in oil prices, nerves about inflation, and the potential for increased government spending to fund the war. Yields rise when bond prices fall. The 10-year US Treasury yield rose from below 4% at the end of February to as high as 4.48% in March, before trading around 4.3% this week. That yield is one of the most significant interest rates for the economy, strongly influencing mortgage rates and a range of o Show less Read more
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