About this episode
Are you confused about why mortgage rates suddenly jumped—and what a conflict across the world has to do with your buying or refinancing plans? Are you wondering if you should pause or push forward right now?In this episode, Seth breaks down how rising tensions in the Middle East—specifically disruptions in the Strait of Hormuz—are shaking global oil supply and driving inflation higher. As oil prices moved up, mortgage rates quickly followed, jumping about half a point in just days and putting many refinances on hold.Seth also shares practical advice for navigating the uncertainty, encouraging buyers and refinance clients to stay proactive instead of waiting on perfect timing. He explains what could happen next and how shifting global conditions may impact rates moving forward.Episode Breakdown:00:00 Getting Political Today00:45 Show Intro and Context01:15 What Sparked the Conflict02:18 Why the Strait Matters04:39 Oil Shock Hits Rates06:18 Stalemate and Endgame07:05 Refis Put on Hold12:49 Advice for Buyers14:14 Where Rates Go Next15:18 Wrap Up and CalloutsIf you’re trying to decide whether to refinance, buy now, or wait things out in this volatile market—this episode will help you think through your next move.If yes, then this episode is for you.👇 Connect with us:👉 https://www.instagram.com/movingsuckspodcast/👉 https://www.tiktok.com/@millenniup👉 https://www.instagram.com/asksethanything/👉
