Mortgage rates are surging because of the Iran war. Here's what to do.

TL;DR

CrossCountry Mortgage to Acquire Two Harbors Mortgage rates hit highest level since September: Freddie Mac As the war in Iran rages on, mortgage rates are one casualty. The housing market got a bit of a boost earlier this year when the 30-year fixed-rate mortgage dipped below 6% for the first time in years. But barely a month later, the popular product stood at 6.38%.