How will rising oil prices impact the U.S. housing market?

Two views on what happens next with the 10-year yield and mortgage rates

The case for lower rates 
1. The economy can’t take the inflation hit from rising oil prices, rising airline prices and rising diesel prices, which will impact food costs — plus we have 15% tariffs coming on soon. This shock can’t be absorbed by consumers and a weak labor market will force the Fed to cut…