Ep. 61 | Rates Rise As Ceasefire is on "Life Support"

Rates moved higher as uncertainty in the Middle East intensified after President Trump called Iran’s latest counteroffer “totally unacceptable” and warned the ceasefire was on “life support,” raising fears of renewed tensions and higher oil prices.Meanwhile, a proposal to suspend the federal gas tax is gaining traction in Washington, while existing-home sales increased in April, though the gain came in below economists’ expectations. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com