destroying

Mortgage rates are rising, destroying the well-laid plans of home buyers

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Mortgage payments over time (line chart)

Rising mortgage rates threaten to wipe out the home buying season. The average 30-year mortgage rate rose to 6.46%, the highest level since September 2025, Freddie Mac said Thursday. Borrowing costs have risen sharply in recent weeks following the divestment less than 6% in late February. The Iran was there it increases price pressure by … Read more

The Iran conflict is destroying the economy, but experts are predicting a rise in defense spending – Breaking Defense

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The Iran conflict is destroying the economy, but experts are predicting a rise in defense spending - Breaking Defense

BEIRUT – Amid the conflict in Iran, oil production facilities and shipping lanes – namely the Strait of Hormuz – have been targeted, disrupting the local and global economy. Imports such as natural gas from Qatar and the United Arab Emirates, as well as oil from Kuwait, Bahrain, Saudi Arabia and the UAE have experienced … Read more