Global tensions between the United States and Iran have led many in the mortgage industry to wonder whether the bombing of Iran nuclear sites would move bond yields and lead to a drop in mortgage rates. On Monday, just as economists were factoring in the possibility of war with Iran, at least one member of the Federal Reserve signaled the chance of a July rate cut.

Both events could have a domino effect on the mortgage market. Shawn Way, West Capital Lending‘s vice president, says he could see the two unrelated events having a crossover impact.

“They both obviously details ⇒

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