President Donald Trump‘s war in Iran isn’t just driving up the cost of gas; it’s also taking an early toll on mortgage rates—a barrier for Black prospective homebuyers. Freddie Mac, the government-backed mortgage financing giant, reported on ...

South Floridians are not paying record prices for gasoline, but the cost of a fill up has risen 25% in less than a month. That sharp jump may dent consumer spending and help send mortgage rates up.

Housing indicators were broadly positive last week and mortgage rates remained in the low 6s, but the Iran war poses risks.

The U.S. housing market is experiencing a significant supply-demand imbalance, with housing starts reaching a one-year high even as existing home inventory remains sluggish and prices face upward pressure.