How a Global Crisis like the Strait of Hormuz & Oil Is Moving Your Mortgage Rate
About this episode
The episode discusses the impact of global oil prices on mortgage rates and the real estate market, alongside insights into the baseball season.
Oil prices dropped as investor hopes rise over a potential US-Israel-Iran deal in Pakistan and possible reopening of the Strait of Hormuz. Mortgage rates improved slightly amid the relief.According to the St. Louis Fed, oil prices doubling has historically triggered a recession shortly after (excluding 2020). The real estate market showed early promise in 2026 but now faces uncertainty.Data centers continue expanding across the US, though local communities are pushing back over power, water usage, and land concerns.Baseball season is here! The Dodgers and other stadiums are offering unique singles sections for fans to meet and mingle. Great opportunity for networking too.What are your thoughts on oil, housing, and baseball season? Drop them in the comments!
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