Mortgage rate movement was quiet this week amid ongoing U.S. and Israeli operations in Iran. Mortgage News Daily (MND) reported Monday that 30-year fixed rates averaged 6.32%, up from 6.30% last week.

MND’s rate tracking refers to top-tier, 30-year fixed rates for the average lender. In its rate analysis, MND said that the “absence of meaningful movement in the underlying bond market is a testament to an increasingly high bar of relevance for war-related news. Specifically, the Iran war is the main source of inspiration not only for oil prices, but also for the bonds that dictate interest rates.”

MND also details ⇒

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