The impact of the Iran war is hurting Trump's plan to boost the US housing market

Kevin Carter/Getty Images

• The Iran war is affecting the housing market and hurting part of Trump's plan to boost affordability.
• Mortgage rates have climbed as markets adjust to the outlook for hotter inflation.
• Mortgage applications have tumbled since the war began nearly one month ago.

It wasn't long ago that the White House had declared "real progress" in President Donald Trump's plan to restore the American dream of owning a home. The president unveiled...