New York —
The war with Iran has roiled Wall Street, driving up the cost of a mortgage along with auto and credit card loans, making everyday life more expensive for Americans.
Mortgage rates climbed for five straight weeks after the war began, but ticked down this week to 6.37% for the average 30-year fixed mortgage, according to Freddie Mac.
Just weeks ago, borrowing was far cheaper. In late February, just two days before the United States and Israel began joint strikes on Iran, the average 30-year fixed mortgage rate fell to 5.98%, dipping below 6%