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Mortgage Rates Surge Amid Global Tensions | Lexington News

Mortgage rates just hit a 12-month high at 6.58%, sending homebuyers scrambling as monthly payments spike and affordability tightens—especially with gas prices already straining budgets. Driven by global oil spikes, inflation fears, and rising bond yields, this upward trend mirrors a sluggish housing market since 2022, with summer real estate looking even slower as the Fed’s policies ripple through the financial landscape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary…

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