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The Rate Update —Oil Markets Stabilize Amid Iran Ceasefire — Mortgage Rate Outlook Shifts
Oil markets are stabilizing as the Iran ceasefire cools one of the biggest inflation risks facing mortgage rates right now.In today’s episode of The Rate Update, I break down what the Iran ceasefire means for oil prices, why that matters for inflation, how the bond market is reacting, and what it could mean next for mortgage rates, homeowners, and homebuyers.If oil continues to settle down, that could remove some inflation pressure from the market. And when inflation fears ease, Treasury yields and mortgage rates can sometimes follow. That does not guarantee lower rates immediately, but it…
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