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Oil Deal Won't Cut Your Mortgage Rates
Published 4 days, 8 hours ago
Description
US-Iran deal sparks oil plunge and Dow surge—but don’t expect lower mortgage rates anytime soon. While cheaper oil may ease inflation over time, mortgage rates are driven by Treasury yields, Fed policy, and economic data—not oil prices. Stock market rallies can even push rates up by pulling money out of bonds. Bottom line: base your real estate decisions on today’s rates, not geopolitical headlines.
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