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Mortgage rates show signs of falling after Iran war peak

rate reductions, but the situation remains delicate with borrowers still exposed to the possibility of sudden shifts in mortgage costs. First-time buyers say the change

Big US banks rake in near-$50bn profit as Iran war shakes markets

rates and the [likelihood of a global recession.](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices) Market jitters have also amplified existing concerns about whether some AI companies are truly worth as much some have claimed, and triggered renewed concerns