<div id="readability-page-1" class="page">Mortgage rates increased this week following news of a new war in the Middle East. In the week ending March 6, the average 30-year fixed mortgage rate went up seven basis points from the week prior to 5.94%, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hundredth of a percentage...</div>

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<p>Mortgage rates rose this week, with the average 30-year fixed rate increasing by seven basis points to 5.94% as of March 6. This rise follows the announcement of a new war in the Middle East, contributing to economic uncertainty reflected in the recent jobs report.</p>

- Mortgage rates experienced an increase this week due to the announcement of a new conflict in the Middle East.  
- The average 30-year fixed mortgage rate rose by seven basis points, reaching 5.94% for the week ending March 6.  
- This data comes from rates provided to NerdWallet by Zillow, highlighting the impact of geopolitical events on mortgage lending.

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Weekly mortgage rates rise; jobs report reflects uncertain economy