U.S. war in Iran

President Trump addressed farmers in Wisconsin at a roundtable, discussing rising fertilizer and energy prices linked to the U.S. war in Iran. He assured them that fertilizer prices would decrease significantly. The event also touched on topics like the Reflecting Pool and fountains.

Today’s 30-year mortgage purchase rate rose to 6.586%, up from 6.577% the previous day, with experts predicting rates will remain above 6% for the 30-year term. The increase is linked to higher oil prices due to the U.S. war in Iran, which has driven inflation to 3.8% annually, the highest since May 2023.

Today’s 30-year mortgage purchase rate decreased to 6.537% on June 1, 2026, down from 6.591% the previous day. Refinance rates for 30-year mortgages are 6.632%, with 15-year rates at 5.679%. Experts attribute recent rate fluctuations to rising oil prices due to the U.S. war in Iran and inflationary pressures, with expectations of rates remaining above 6% for the 30-year term in the near future.

The U.K. aims to mend its strained 'special relationship' with the U.S. through a state visit by King Charles III with President Trump, as Trump criticizes Prime Minister Keir Starmer for opposing U.S. military actions in Iran and refusing to support Washington's policies.