DNC: Mortgage Rates Hit Nine-Month High, as Trump's Trade War and War With Iran Make Homeownership a Pipe Dream
May 28, 2026
May 28, 2026
WASHINGTON, May 28 -- The Democratic National Committee posted the following news release on May 27, 2026:
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Mortgage Rates Hit Nine-Month High, as Trump's Trade War and War With Iran Make Homeownership a Pipe Dream
New data from the Mortgage Bankers Association revealed that the average 30-year fixed-rate mortgage -- the most popular U.S. home loan -- rose to its highest rate in nine months. Mortgage applications also dropped 8.5% last week, large . . .
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Mortgage Rates Hit Nine-Month High, as Trump's Trade War and War With Iran Make Homeownership a Pipe Dream
New data from the Mortgage Bankers Association revealed that the average 30-year fixed-rate mortgage -- the most popular U.S. home loan -- rose to its highest rate in nine months. Mortgage applications also dropped 8.5% last week, large . . .