Bok Financial Corporation

U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.

Brent crude oil prices climbed above $84 per barrel following tanker incidents in the Gulf, raising fears of prolonged supply disruptions. U.S. diesel prices and physical crude premiums also spiked as markets tightened.