Peace Deal Signed: Where Mortgage Rates Are Actually Headed
The peace deal between the U.S. and Iran has been agreed to (at least for now). The Strait of Hormuz, the chokehold on 20% of the world’s oil, is starting to open back up, and trade can, at least temporarily, continue. The question is, will inflation begin to fall if oil flows (more) freely through the Middle East? And if inflation falls, could mortgage rates be right behind them?
Today, we’re talking about what could actually happen from here on out. We’ve seen a lot of opinions recently saying this deal could boost the economy and the housing market, or bring mortgage rates back down to…
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