Are mortgage rates going back to 7%? And should you buy a home now or wait?
In this episode of Rate Watch, we explain how the Iran war, bond market volatility, and economic uncertainty are impacting mortgage interest rates and the housing market in 2026.
Topics covered in this video:
• Why mortgage rates recently surged toward 7%
• Current mortgage rate trends and bond market updates
• Why locking your rate early can protect home buyers
• The risks of waiting for lower rates
• How rising home prices affect affordability
• Tips for first-time buyers and anyone refinancing
If you're shopping for a home, considering refinancing, or trying to understand today’s real estate market, this update will help you make smarter financial decisions.
Subscribe for weekly mortgage rate updates, housing market news, and home buying strategies.
Timestamps:
00:00 – Iran war and mortgage market update
00:22 – Why mortgage rates almost hit 7%
00:45 – Current mortgage rates explained
01:00 – Why buyers should lock their rate now
01:28 – Buy now or wait? Housing market advice
01:50 – Rising home prices vs waiting for lower rates
02:00 – Final thoughts and subscribe reminder
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
7030 137 Street, Kew Gardens Hills, NY 11367
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