MORTGAGE RATES CLIMB TO ONE-MONTH HIGH, PRESSURE HOUSING MARKET U.S. mortgage rates rose to 6.37%, their highest level in a month, according to Freddie Mac, adding pressure to an already weak spring housing season. Rates briefly dipped below 6% earlier this year but have climbed again amid geopolitical uncertainty, including the Iran conflict, pushing some buyers to the sidelines. Higher borrowing costs are slowing sales, increasing price cuts in weaker markets, and undermining expectations for a strong spring rebound.(*Walter Bloomberg)