As of Thursday, March 12, 2026, national average mortgage refinance rates have edged slightly higher compared to last week. While rates remain lower than this time last year, they continue to hover above the 6% threshold for 30-year terms. Something that’s definitely on everyone’s mind, and impacting markets, is the recent military action involving the U.S. and Iran. When there’s conflict or uncertainty abroad, investors tend to get a bit nervous. They often move their money into what they see as “safer” investments, like U.S. Treasury bonds. When more people buy these bonds, their prices go up, and mortgage rates (which are often tied to Treasury yields) can temporarily go down.

 

To continue reading the rest of the article, please click on the source link below;

Mortgage Rates Today, March 12, 2026: 30-Year Refinance Rate Rises by 8 Basis Points