@whatsamortgage_: Oil prices dropped. The stock market rallied. And now the 10-year bond yield is falling too… which usually means mortgage rates could finally start improving. Today they announced talks about reopening the Strait of Hormuz within the next 30 days, and the markets reacted immediately. Why does that matter? Because when oil prices cool off, inflation fears usually cool off too. And when inflation expectations drop, mortgage rates often follow. We’ve heard this story a few times over the last couple months, so I’m not celebrating yet… but this could finally be the real shift we’ve been waiting for. If this trend holds over the next few days, there’s a good chance we start seeing better interest rates ahead. So if you’re buying a house, refinancing, or sitting on the sidelines waiting for affordability to improve… stay patient and let the market breathe a little. Now the big question is: Do you think mortgage rates finally dip back under 6% if inflation fears continue cooling off? Drop your thoughts in the comments 👇 #MortgageRates #RealEstateNews #HousingMarket #InterestRates #Inflation