Why Mortgage Rates Are Rising: How the Iran War Reached Your Rate
Why mortgage rates are rising: the Iran war pushed oil up, inflation fears lifted the 10-year Treasury yield, and mortgage rates followed. What to do now.
Your Price Went Up. Your Value Went Down.
Colorado Springs home prices have sat near $500K for four years while inflation ran 12.8%. In real dollars, a home costs about 11% less than the 2022 peak.