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Mortgage market faces weaker trend as war-driven rates and fuel rise
After 9:30am, both stocks and bonds shifted lower, reflecting higher bond yields tied to fuel-price pressure.
Mortgage News Daily describes a decisively weaker market trend since October 2025, with added volatility and selling pressure following the start of the Iran war.
The outlet says the resurgence of hostilities has pushed fuel prices higher and put upward pressure on bond yields, contributing to the start-of-week market weakness.
It also points to market timing, noting that stocks were improving and bonds were holding sideways until shortly after 9:30am, when both lost ground.