Oil Prices Spike, Prompting Homebuyers to Hit Pause as Mortgage Rates Edge Higher
Veros’ Q1 2026 VeroFORECAST points to modest national appreciation of 1.3%, as higher oil prices add fresh pressure on inflation and borrowing costs. The U.S. housing market finally had a reason to feel optimistic heading into 2026. Buyers were slowly re-entering. Then, the war in Iran sent oil prices sharply higher, reigniting concerns about inflation just as it appeared to be cooling.
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