
The episode discusses the impact of the Iran Israel war and other economic factors on current mortgage rates.
Mortgage rates just jumped — and the Iran Israel war, oil prices, and job data are all playing a role.In this mortgage rates update, I break down what’s really happening with interest rates right now, including how the Iran war, inflation, and the 10-year treasury are impacting the housing market.Right now, the market is balancing:• Iran Israel War → higher oil prices• Higher oil → inflation risk• Inflation → higher mortgage rates• Weak job data → potential rate cutsMortgage rates follow the 10-year treasury — and that’s being driven by both geopolitics and economic data.If tensions in Iran ease, mortgage rates could come down.But if job growth continues to slow, that may become the bigger driver of interest rates.This is exactly what the Fed is watching right now.If you’re buying a home, refinancing, or investing in real estate, understanding where mortgage rates are headed is critical.Book a call with me today: https://calendly.com/kennysimpsonIG: @kennybsimpson#mortgagerates #interestrates #housingmarket #iranisraelwar
Hosts: Krystle Simpson, Kenny Simpson
Organizations: Fed
Places: Iran, Israel, housing market
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