Unpacking the Impact of Iran’s Situation on Mortgage Market Stability


Hi Matt Padgett with Keystone mortgage hope you’re having a great week. We’re getting a lot of questions both internally and from clients about the world situation with Iran and how that’s affecting mortgages or rates or the market or what’s happening there. Obviously in times of uncertainty, rates are going to change a little bit. This scenario happened pretty quickly where we had a strike and then they had a strike within four or five days. For a minute, it looked like rates may be going down. However those kind of stabilized pretty quickly due to less retaliation than we expected. Rates are actually right around where they were before any of this in the last week or so took place so no big change in rates. We really don’t know where they’re going from here. I actually think they’re going to be pretty stable as long as the economy stays good and there’s no other uncertainty. We’d love to talk to you in detail about this. Give us a call (865)-909-0211.

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