Insight
Mortgage rates were trending below 6.25% before the conflict in Iran started, and getting the rate back to the low 6% or high 5% range is in play again once that ends.
Real estate agents hope Kevin Warsh can calm roller coaster housing market
Summary
The appointment of Kevin Warsh as Federal Reserve chair has stirred conversations in the housing market, particularly around mortgage rates and affordability. While geopolitical factors and inflation complicate rate cut predictions, experts suggest that mortgage rates could stabilize between 5.75% and 6.75% in 2026. Savvy hosts will focus on factors like buyer behavior and consumer readiness rather than solely on headlines.
Key takeaway