Iran was is driving up mortgage rates again...
This is something we have to keep an eye on right now. Uh, the average rate has gone up to 6.11, which is the difference about $100 from like two weeks ago, um, due to the Iran war. The longer the war goes or the more issues there is in oil and that kind of stuff, um, it'll keep driving potentially this rate in the wrong direction.
So if you're looking to buy, um, just keep that in mind. Remember, you buy your house when you're ready to go. Meaning. Meaning the numbers make sense. You can afford it, you saved it enough money and it's right for your family. Don't wait for the market 'cause the market will time you out. You buy when you're ready.
So this isn't, uh, me telling you, you gotta jump in before rates shoot up to 7%. This is me telling you this is what's happening. When there's uncertainty in the market, rates tend to go up. And right now that is a direction they're heading.