Mortgage rates hit yearly high
Summary
HousingWire Daily host Sarah Wheeler interviews lead analyst Logan Mohtashami on mortgage rates hitting yearly highs amid escalating Iran conflict and rising oil prices. They discuss the Federal Reserve’s hawkish stance, strong labor data, and the impact of geopolitical tensions on bond yields. Mohtashami predicts rates will likely stay below 7.25% unless the conflict worsens significantly, noting that markets have already priced in much of the risk.
Topics discussed
Introduction and top trending stories on HousingWire
Iran conflict escalation and strong labor market data
Impact of geopolitical conflict on 10-year yields and oil
Risks of conflict escalation and Fed hawkish stance
Federal Reserve policy, inflation models, and rate hikes
Mortgage rate forecasts and bond market appetite
Sponsor message: Estate Agent Growth
Probability of July Fed rate hike and market pricing
White House reaction to rates and housing market tracker
Conclusion and sign-off
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