Mortgage rates and oil prices this week
Summary
HousingWire Daily features lead analyst Logan Motoshami discussing why oil prices and mortgage rates remained stable despite US-Iran tensions and hot inflation data. Motoshami explains that traders doubt further escalation, noting China’s reduced oil imports and Iran’s financial constraints. The episode also covers a surprising 17% year-over-year jump in mortgage purchase applications, driven by improved affordability and steady demand across five generations of homebuyers.
Topics discussed
Intro and top 5 trending articles on HousingWire
Oil prices and bond yields defy conflict expectations
Trader perspective on why markets aren't escalating
Ad break: Federal research for housing sector
Live news: Trump cancels attacks, market reaction
Ad break: Estate Agent Growth services
Purchase applications surge 17% year-over-year
Team Higher Rates history and Gen X digression
Housing affordability and 1980s historical comparison
Future outlook: Rates, inventory, and base effects
Outro, NBA Finals discussion, and AI Summit promo
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