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Oil Prices Push Mortgage Rates Up | Real Estate News
Oil surges to $85 a barrel, signaling global uncertainty and pushing mortgage rates near 7% — cooling homebuyer enthusiasm. Inventory grows just 2% year-over-year, pending sales stall, creating a balanced market. But here’s the twist: late summer may offer less competition than spring — your chance to buy before rates climb further. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest…
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