Will Mortgage Rates Hit 8% or Fall Back to 6%?
Mortgage rates are back above 7%—but could they climb to 8% or fall back toward 6%? Kathy Fettke breaks down a new HousingWire report from lead analyst Logan Mohtashami on what could send rates in either direction. From the Iran conflict and oil prices to the 10-year Treasury, mortgage spreads and the Federal Reserve, here's what's driving rates now—and what it could mean for the housing market.
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Source: https://www.housingwire.com/articles/will-mortgage-rates-rise-to-8-or-drop-to-6/
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