Joel Kan

A pedestrian walks past a sign advertising new condominium homes for sale in South San Francisco on Dec. 22, 2009. (PHOTO: REUTERS/ROBERT GALBRAITH/FILE)
Jul 29, 2026

US mortgage rates rise to near year high amid inflation and geopolitical tensions

U.S. mortgage rates climbed to near year highs driven by inflation and Middle East tensions, impacting refinance and home purchase applications.


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