Mortgage Rates Dip to 6.23%, Housing Market on Edge

Mortgage rates in the US have seen a slight dip to 6.23%, offering some relief after a recent spike. However, the volatile situation with Iran continues to impact rates, keeping them in a tight range. As the Navys port blockade persists and shooting orders are given for any boats planting mines in the Strait of Hormuz, oil volatility remains a looming concern. Expect mortgage rates to stay steady, keeping the housing market on edge amid ongoing tensions. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c288e67ad20d17ef