Mortgage rates saw moderate increases in the past week as global economic uncertainty around the U.S.-Iran conflict continues, putting a damper on what was previously expected to be a brisk spring homebuying season.

Mortgage News Daily reported Friday that 30-year fixed rates spiked to a seven-month high point of 6.41% before retreating to 6.36% on Tuesday. MND rates are based on best-execution pricing from lender rate sheets.

At HousingWire’s Mortgage Rates Center, rates for 30-year conforming loans averaged 6.19% on Tuesday, up 4 basis points in the past week. Rates for 30-year loans through the Federal Housing Administration details ⇒

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