INTEREST RATES

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

⏱️ Rates in 60 Seconds

Rates improved slightly to start the week, but lenders are still cautious. Markets are watching the Iran situation closely because anything that pushes oil prices higher can also push inflation higher… and that usually keeps mortgage rates elevated.

Right now, bonds are holding a narrow range. If things calm down globally, we could see a little improvement. If tensions increase, rates could move back up quickly.

What Realtors should know

• 📉 Small improvement in rates this week

• 🌍 Iran conflict is keeping markets on edge

• ⛽ Higher oil = inflation risk = pressure on rates

• ⚠️ Lenders are not fully pricing in good news yet

What to watch this week

• Fri: CPI inflation report (big one)

Realtor Insight: Rates are a little better, but still sensitive to headlines. Expect some volatility this week.