Special Report: Mortgage Rates Jump After Iran Ceasefire — Lock Now or Float?

Season 2025 Episode 316  ·  May 04, 05:11 PM
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Breaking News Special Report: Mortgage rates are moving fast as Middle East tensions flare again. The Dow is dropping, oil prices are spiking, and new reports say the Iran ceasefire is already in doubt after missiles were detected from Iran. We’ll break down what this means for the 10-Year Treasury, mortgage-backed securities, oil-driven inflation fears, and whether homebuyers and homeowners should consider locking now or floating if they’re closing soon.

Today’s question: Is this just temporary market panic — or the start of another move higher in mortgage rates?