Average US long-term mortgage rate ticks up to 6%, ending a three-week slide

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By ALEX VEIGA, AP Business Writer

The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran.

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The benchmark 30-year fixed rate mortgage rate ticked up to 6% from 5.98% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.63%.

The modest increase ends a three-week slide in the average rate, which has been hovering around 6% this year. Last week’s average rate marked the first time it dropped below 6% going back to September 2022.

Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.

The 10-year Treasury yield was at 4.14% at midday Thursday, up from around 4% a week ago.

Treasury yields have climbed recently as rising oil prices put more upward pressure on inflation, which could keep the Federal Reserve from cutting interest rates.

The central bank doesn’t set mortgage rates, but its decisions to raise or lower its short-term rate are watched closely by bond investors and can ultimately affect the yield on 10-year Treasurys that influence mortgage rates.

Home loan rates have been trending lower for months, helping drive a pickup in home sales the last four months of 2025, though not enough to lift the housing market out of its slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows.

Sales of previously occupied U.S. homes remained stuck last year at 30-year lows. And more buyer-friendly mortgage rates this year weren’t enough to lift home sales last month.

Still, with the average average rate on a 30-year mortgage running below where it was last year, it represents a favorable backdrop for prospective home shoppers who can afford to buy at current rates just as the spring homebuying season ramps up.

Navigating conversations with children about war, conflict and other traumatic events

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By CHEYANNE MUMPHREY

Children living through the latest war in the Middle East or seeing images of the conflict may need help making sense of events that many adults find unnerving. Exposure to war, even if it is indirect, can affect how kids think, feel and behave, according to mental health experts.

Child psychologists and development specialists encourage parents to check in with their children, make time for age-appropriate conversations and to correct misinformation without going into excessive detail.

“Sometimes adults think if they don’t talk about something that is difficult, than it doesn’t exist. But we know that’s not the reality in children’s lives,” said Rebecca Smith, the global head of child protection at Save the Children, an international aid and advocacy organization. “Ignoring or avoiding the topic of conflict can lead to children feeling lost, alone and scared. … It is essential to have open and honest conversations with children to help them process what is happening.”

Below are suggestions for having conversations with children about war and its impacts.

Create a safe space, then listen and validate feelings

Experts recommend starting with what a child might know about what is happening in Ukraine, Gaza, Iran, Israel, Sudan or other parts of the world before attempting to address any feelings of fear, sadness, anger or anxiety.

Some children may not know that fighting has escalated between the United States and Israel on one side and Iran and its proxies on the other. Other kids may be more aware than their families realize and suppress their emotions. Children visiting or living in Middle Eastern countries directly impacted will have seen weapons light up the sky and may know people killed or have to leave their homes.

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“For some children where missiles are now visible in the skies, this might be an entirely new and terrifying experience,” Smith said. “When events like this happen, they disrupt a child and family’s sense of safety. What once felt stable and secure may suddenly feel uncertain.”

To help children work through their emotions, the trusted adults in their lives also need to take care of themselves, according to experts. Guidance from the National Child Traumatic Stress Network says adults sharing their own feelings with children can be an opportunity to convey personal beliefs and values about how to treat others. The key is to not assume what children might be thinking or feeling.

If children do not want to talk or are not ready, experts suggest adults remain patient and tell children they are there for them.

“It is necessary to respect child’s ability to refuse communication, their ability not to talk or not to tell about something. Because they can have their own feelings, their own states, which they might not want to share,” child psychologist Nataliia Sosnovenko said, speaking in Ukrainian. Sosnovenko works with Voices of Children, a Ukrainian organization that provides psychological support and documents children’s experiences in the country during the yearslong war with Russia.

Some children might share what they have seen or heard, how they feel or ask questions when given an opportunity. Experts say this is when adults should validate their feelings and address what’s happening honestly while taking their ages and maturity levels into account.

Let their age guide the conversation

The American Psychological Association recommends giving kids basic, age-appropriate information about war and conflict, and addressing any upsetting images, headlines or conversations they were exposed to without going into details that might make them unnecessarily anxious. But ultimately, parents know their children best, experts say.

Families who have loved ones in the region may need to take the extra time to discuss the safety of their relatives and friends, and the difficulty of uncertainty. Families in the region themselves may need to have a plan in place for what to do if they become separated. Experts with Save the Children say to keep it simple and to practice the plan calmly.

Depending on how young, some children can understand the idea that two countries are fighting. But young children living abroad may not be able to distinguish between what they see on screens and what is happening nearby. For children in the U.S., the Iran war can seem much closer than it is if they are frequently seeing images on TV or social media, meaning they may need additional reassurance they are safe from danger.

Older children are likely to understand war and its consequences, which means they might be more concerned and have more questions, the American Psychological Association says. Adults may want to consider focusing on what is within their control and giving children some agency, such as supporting humanitarian efforts, staying informed and addressing misinformation.

UNICEF, the United Nations agency that provides humanitarian aid and long-term support to children worldwide, says it is OK to not have all the answers.

In Lebanon, some families have sought refuge since Saturday in a brick school building. Nora Ingdal, Save the Children’s Lebanon Country Director, says children there are asking several questions about the reason for conflict and when things might return to normal.

“This one daughter was clinging to her mother and looking up to her mom and asking, ‘Mom, why are they fighting? Why are they attacking us?’ The mother looks at me, but has no answer. Then she’s asking, ‘When are we gonna go home?’ Again, the mom looked at me,” Ingdal said. “I said to her, ‘It’s all right to say that you don’t know, you cannot guarantee anything, but I’m here with you.’”

Limit unnecessary exposure and use this as a teaching opportunity

While some global agencies say children should be aware of what is happening in the world, experts say adults still have a responsibility to keep youngsters safe and limit unnecessary exposure.

Parents are encouraged to pay attention to how exposed children are to the news. The younger the child, the less exposure they should have, according to the National Child Traumatic Stress Network.

Some agencies recommend switching off the news entirely or limiting conversations about distressing events with other adults if children can hear. Others recommend using the opportunity to educate children on the importance of news, understanding where to find accurate facts and how to identify when something is not true or deceiving.

Save the Children says caregivers can model responsible digital behavior, encourage kids not to spread harmful or graphic information and remind them to think twice before sharing content that is possibly inaccurate or emotionally triggering.

It is important for caregivers of children living in conflict zones to remember that some kids do not know a time before war and do not have the ability to disconnect from what is happening around them, Sosnovenko said. That’s where professional help might support conversations and education.

“During the war, the types of people who come to us have changed,” she said. “Thanks to the fact that the psychological culture of the population is improving, people began to understand that therapy is important. These days, help of a psychologist is needed by most people and children as well.”

AP journalist Illia Novikov in Kyiv, Ukraine, contributed to this story.

Suspect in custody in Colorado in the case of 3 women found dead in Utah

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TORREY, Utah (AP) — A man sought in the deaths of three women in Utah has been taken into custody in Colorado, officials announced Thursday.

There is no indication that the suspect had any connection to the victims, said Lt. Cameron Roden, a spokesman for the Utah Highway Patrol.

Investigators tracked the suspect in one of the victims’ vehicles into northern Arizona and Colorado, where it was found abandoned in Pagosa Springs, the Utah Department of Public Safety said in a statement on Thursday. After a brief search, the supect was taken into custody.

Two women were found dead on a hiking trail on Wednesday afternoon and during the investigation, a third woman was found dead in a home in Wayne County, Utah, according to the department. Officials did not identify the women but said one was in her 30s, one was in her 60s and one was in her 80s.

Roden said the husbands of the two women who had been hiking together called authorities after they found their wives late Wednesday afternoon.

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While the suspect was still at large, residents in Wayne County were asked to remain vigilant and schools were closed Thursday and Friday. Officials asked for help finding a white Subaru Outback, but warned people not to approach it. After the suspect was taken into custody in Colorado, officials said there is no longer an ongoing threat to the public and no suspects remain outstanding.

The department said the State Bureau of Investigation and Crime Lab were supporting the homicide investigation and multiple scenes were being processed in Torrey and the surrounding area.

Panel reviewing Trump’s White House ballroom project will vote on it April 2

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By DARLENE SUPERVILLE

WASHINGTON (AP) — A federal panel reviewing President Donald Trump’s plans to build a ballroom at the White House has set April 2 for a final vote on the project, the chairman said as the agency prepared to give additional consideration to the construction plans.

Will Scharf, chairman of the National Capital Planning Commission and a top aide to the Republican president, made the announcement Thursday at the start of the panel’s March meeting.

The panel will hear additional details about the project from the White House as well as its own staff, and had been expected to vote on Thursday.

But Scharf announced that the vote was switched to April to give every member of the public who wants to comment a chance to do so. More than 100 people had signed up to comment at Thursday’s meeting, which was being conducted online as a result.

The panel has also been flooded with scores of written comments about Trump’s plans to build a 90,000-square-foot (8,360-square-meter) addition where the East Wing of the White House once stood. Trump has said it will cost about $400 million and be paid for with private money. Trump had the East Wing demolished in October.

Scharf said the meeting was being conducted online to ease the public testimony portion, which he said was likely to extend into Friday given the number of people who had signed up to speak.

“They are taking time out of what I presume are busy schedules to join us,” he said. “One way or the other, we are going to make sure that members of the public have the opportunity to be heard on this project.”

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Critics of the project have argued that Trump should not have demolished the East Wing until the National Capital Planning Commission and a separate panel, the U.S. Commission of Fine Arts, had reviewed and voted on his plans. The fine arts panel approved the project last month.

The National Trust for Historic Preservation, a private, nonprofit group, asked a federal judge to temporarily halt construction until the White House submitted the plans both to federal panels and to Congress for approval, and allowed the public to comment.

U.S. District Judge Richard Leon rejected the request last week, and the trust has said it plans to file an amended lawsuit.