Iran War Chills Rate Cut Hopes
Will conflict in the Middle East spill over into U.S. housing and interest rates? In today’s episode, Michael and Rich break down how the Iran conflict, oil price spikes, inflation pressure, and central bank uncertainty are creating fresh volatility in the mortgage market.
They cover:
- Why oil at $120 → volatility → inflation → rate pressure
- How geopolitical instability unsettles investors and Treasury markets
- Why mortgage rates jumped after hitting 5.98% just days ago
- What Fed rate cuts might look like now
- How job report weakness adds another twist
- What mortgage pros can still control in all this noise
- Why staying prepared and educating clients is more important than ever
- Plus—why Network Funding is built for entrepreneurial loan officers who want to grow their brand
Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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