Here’s how a global conflict is affecting mortgage rates here in the U.S.

How does global uncertainty affect mortgage rates here in the United States? As of February of this year, rates from Freddie Mac were approaching 4% for the first time since May 2019. However, you may or may not know that rates retreated after that due to the conflict in Ukraine a few months ago. Anytime there is global uncertainty, we see the impact on our mortgage rates.


However, we believe this retreat is only temporary. The reality is that we’re still dealing with inflationary pressure, and the federal government is likely to continue moving forward with interest rate hikes. While there’s uncertainty, there’s also opportunity. 

If you have any questions about what’s going on with interest rates or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.