Iran War Boosts Mortgage Rates, Shifts Housing Market
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The war with Iran is causing a surge in mortgage rates, making home buying more challenging. Despite rates being lower than last year, the conflict is adding uncertainty, especially with the job market cooling. However, buyers are gaining power, negotiating better deals and incentives. Prices have dropped in many areas, and home sales have been low. If you can secure a low rate now, its a good time to buy before rates climb and competition increases.
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