Iran war hits housing market as mortgage rates rise to 6% [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
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Source: Yahoo! Finance
Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran. The average national rate for a 30-year fixed-rate mortgage rose to 6%, up modestly from 5.98% last week, the lowest since September 2022 , according to new data from Freddie Mac. Home loan costs remain far lower than a year ago, when they topped 6.6%. Still, experts said even an incremental rise to 6% could deter some buyers. "Two hundredths of a percentage point is not making or breaking anyone's ability to buy a home," said Kate Wood, a lending expert at NerdWallet. "But psychologically… this feels huge." Inflation fears rattle bond market Mortgage rates tend to move in tandem with the bond market, particularly the 10-year Treasury note. But the Iran war is driving up global oil prices , fanning concerns about rising inflation in the U.S. In turn, that is boosting bond yields as investors demand higher returns. While bonds are normally considered a safe investment, Wood said
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- Iran war hits housing market as mortgage rates rise to 6% on inflation fears [CBS News]CBS News
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- 70% of taxpayers in the US can file taxes for free. Here's how. [Yahoo! Finance]Yahoo! Finance
- NerdWallet (NRDS) had its price target lowered by Oppenheimer Holdings, Inc. from $18.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- As Iran strikes disrupt flights, why travel insurance may fall short [CNBC]CNBC
NRDS
Earnings
- 2/25/26 - Beat
NRDS
Sec Filings
- 3/5/26 - Form SCHEDULE
- 3/5/26 - Form 144
- 3/4/26 - Form 4
- NRDS's page on the SEC website