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Mortgage rates climb
According to AP, “Average US long-term mortgage rate leaps to 6.38%, the highest level in more than 6 months” as 30‑year rates track rising 10‑year Treasuries amid the Iran war, tightening affordability for homebuyers; keyword: mortgage. [AP](https://apnews.com/article/mortgage-rates-housing-interest-financing-home-ab9ff0f25a019210585edb59139c02e1)
Rate-cut odds fade
According to AP, “Chances of a Federal Reserve rate cut fade as inflation worsens” as markets push out expected easing and futures even price a modest chance of a hike amid oil-driven inflation risk; keyword: Fed. [AP](https://apnews.com/article/federal-reserve-mortgage-rates-inflation-1d97fb310d3632130919199952a71ffc)
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