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Mortgage rates climb to highest level in a year

Mortgage rates have hit their highest level in a year.

They were falling for the past year until the war with Iran drove them back up. Now worries about inflation — and what the Federal Reserve might do with rates — are driving them higher.

NPR’s Stephan Bisaha reports.

This article was originally published on WBUR.org.

Copyright 2026 WBUR