(April 1): US mortgage rates climbed for a fourth straight week, rising to the highest since August and denting refinancing and home purchase activity. The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association (MBA) data released on Wednesday. Mortgage rates, which are tied to US treasury yields, have turned up sharply as the war in Iran sparks concerns of higher inflation. The MBA survey, which has been conducted weekly since 1990, uses responses from mortgage bankers, commercial banks and thrifts. The data cover more than 75% of all retail residential mortgage applications in the US.

Source: The Edge Markets April 01, 2026 11:40 UTC