US EditionWill war with Iran send mortgage rates higher or lower?
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WASHINGTON.— A war with Iran is expected to cause a leap in oil prices that, if prolonged, could lead to the next Federal Reserve movement being to raise interest rates. President Donald Trump has called for regime change in Iran. Experts pointed out that one of the major concerns is that the Iranian regime perceives its own survival to be at stake. The Iranian regime “will do everything it can and everything it believes will help it stay in pow…
Will war with Iran send mortgage rates higher or lower?
Spring is right around the corner and mortgage rates are already under 6%, but now we have a new variable: war with Iran. Now the question is whether the conflict in Iran will send rates lower or higher before the seasonal push in housing comes. Last week was already interesting as the 10-year yield closed at a key level and mortgage rates finished the week under 6%. However, with this weekend’s attack on Iran, people are pondering what the out…
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