How Iran Tensions And Oil Prices Move Home Loan Rates
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We break down why mortgage rates jump back into the mid-sixes and what global headlines are doing to bonds, oil, and pricing for 30-year fixed loans. Then we share a major Fannie Mae condo approval change that can reopen financing for projects that have been stuck for years.
• Mortgage rates moving into the mid-sixes for well-qualified borrowers
• Market volatility tied to Iran conflict, oil prices, Treasuries, and yields
• Rate buy downs as a path into the lower sixes and why the fives fade for now
• Fannie Mae condo approvals and the role of a central project database
• why condo boards and management companies often miss mortgage approval requirements
• how approvals affect buyers, sellers, and long-term resale value
If you guys are looking to buy condos, you know who I would reach out to!
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