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Mortgage rates climb for third week as Iran war shakes markets
Last Modified: 11:38 AM, Fri Mar 20, 2026
Mortgage Professional America. 19 March 2026
Average US mortgage rates climbed for the third straight week, pushing the 30-year fixed rate to its highest level in more than three months. The war with Iran unsettled global markets and reignited inflation fears, driving borrowing costs higher. The benchmark 30-year fixed-rate mortgage averaged 6.22% as of March 19. That's up from 6.11% a week earlier and the highest level since late 2025, according to Freddie Mac’s Primary Mortgage Market Survey.
Average US mortgage rates climbed for the third straight week, pushing the 30-year fixed rate to its highest level in more than three months. The war with Iran unsettled global markets and reignited inflation fears, driving borrowing costs higher.

The benchmark 30-year fixed-rate mortgage averaged 6.22% as of March 19. That's up from 6.11% a week earlier and the highest level since late 2025, according to Freddie Mac’s Primary Mortgage Market Survey.