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Data released Wednesday showed the average U.S. 30-year fixed mortgage rate rose 5 bps in the week ended July 31 to 6.81%, a one-year high. The rate had fallen to a 2022-era low in late February before the Iran war broke out; subsequent conflict-driv

2026-08-05

Data released Wednesday showed the average U.S. 30-year fixed mortgage rate rose 5 bps in the week ended July 31 to 6.81%, a one-year high. The rate had fallen to a 2022-era low in late February before the Iran war broke out; subsequent conflict-driven energy price gains and higher inflation fears have pushed rates up. Mortgage demand weakened: MBA's purchase index fell 3.6% week-on-week to a five-month low, while the refinance index dropped 1.9% to its lowest since mid-2025.

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2026-08-06

TASNIM NEWS: Yemen said attacks on vessels in waters north of Yanbu signal that alternative routes cannot bypass a 'blockade for blockade' situation.

TASNIM NEWS: Yemen said attacks on vessels in waters north of Yanbu signal that alternative routes cannot bypass a 'blockade for blockade' situation.
2026-08-06

US officials told Axios the US-brokered Israel-Lebanon talks in Rome ended at 15:30 Rome time after changes in the local situation prompted an early adjournment. Both sides will resume talks tomorrow morning. Discussions covered political and militar

US officials told Axios the US-brokered Israel-Lebanon talks in Rome ended at 15:30 Rome time after changes in the local situation prompted an early adjournment. Both sides will resume talks tomorrow morning. Discussions covered political and military issues and made very positive progress. Technical teams advanced on key implementation details of a tripartite framework.
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