Columbia University’s busines school in NYC, established 1916
As of early April 2026, US 30-year fixed mortgage rates have climbed to 6.37%, up from under 6% six weeks ago, driven by the Iran war's impact on energy prices and inflation fears. This rise is slowing US home sales and mortgage applications during the spring buying season. In the UK, house prices fell 0.5% in March, slipping below £300,000, with mortgage rates rising above 5%, signaling a cooling housing market.
A set of Business Insider UK pieces recounts personal moves into entrepreneurship and relocation, highlighting the strain and shifts in families and professionals as they pursue new ventures across Lisbon, Los Angeles and beyond.
The latest trade across energy markets show that the cost of gasoline has not fallen fast enough to match oil prices, with prices staying elevated at pumps despite a retreat in crude. Analysts say a full relief may take weeks as refineries and supply chains adjust post-conflict.