Not A Middle East Expert

But Definitely A Rate Expert I am definitely not a War Expert or a Middle East expert. Or any kind of expert like those things But I can tell you about mortgage rates. And if the cost of oil goes past a $100 a barrel, mortgage rates go up. That's just a certainty. Because bond yields go up when Inflations seems imminent, Bond Traders trade the news. If they see the possibility of inflation rising because of energy costs soaring they act accordingly. And that then pushes up 3 year and 5 year fixed mortgage rates. Ron breaks it down