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Podcast: The Tom Toole Sales Group Podcast
Episode: What does the Iran and Israel conflict mean for mortgage rates? - Tom's Take 371
Description: Curious About Mortgage Rates Amid Iran-Israel Conflict?
Let's explore how this situation could impact mortgage rates and the housing market.
📈 Some speculate rates might drop due to the conflict, while others predict the Fed could delay rate cuts.
🔍 Last week's CPI data surged, pushing rates up. Additionally, inventory is increasing, prompting price adjustments.
⚖️ Higher rates may affect both buyers and sellers. Sellers may consider expediting sales with rising inventory, while buyers may focus on properties with longer time on the market and stable prices.
💼 Take time to gather information and consult with a local agent for tailored advice. Make decisions that align wi...