What Trump's Bomb Strike on Iran Means for Mortgage Rates in the US
Briefly

Following President Trump's strike on Iranian nuclear facilities, U.S. mortgage rates may experience moderate relief as long-term bond yields fell, indicating a potential decline in mortgage rates. The typical war-related trend of increased demand for bonds, which drives prices up and yields down, was observed initially. Lower oil prices, in reaction to the geopolitical context, have reduced inflation pressures, influencing the outlook for Federal Reserve interest rate cuts.
"Oil prices rose initially, but have since retreated. It seems investors are still in wait-and-see mode—waiting to see whether there is an escalation of tensions."
"Traditionally, war or the threat of war drives demand for safe-haven assets like bonds, driving prices up and yields down."
Read at SFGATE
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