The US Treasury has issued a warning to global shippers that paying Iran any tolls for safe passage through the Strait of Hormuz—or donating money in the process—could expose them to US sanctions. The advisory follows Iran’s proposal to charge for passage and its fresh negotiation message to the US delivered via Pakistani mediators.
30 year mortgage rates have climbed to 6.30%, putting fresh pressure on the 2026 housing market. Economists point to rising US Treasury yields, sticky inflation, and a slower timeline for Fed rate cuts as key drivers. With borrowing costs higher, buyers face reduced affordability, though forecasts suggest rates may hover around 6% to 6.5% through the year.
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