Mortgage Rates Jump to 6.38% as War Rattles Housing Market

US mortgage rates jumped for a fourth straight week, reaching the highest point in six months and dampening prospects for the crucial spring season as the Iran war roils markets.

The average rate for 30-year, fixed loans climbed to 6.38%, the highest since September 2025 and up from 6.22% last week, according to data from Freddie Mac Thursday.