Iran War 2026

Even when war tensions de-escalated, mortgage rates didn't drop with oil prices. Learn how the latest Fed meeting determined the future of rates.

June 2026 North Texas Market Report: The Iran War Paused, Oil Crashed, and Your Mortgage Rate Didn’t Flinch

Update, July 8, 2026: This report covers June, and June's story has already flipped. Days after the ceasefire was signed, it cracked when Iran attacked three commercial ships in the Strait of Hormuz. The United States answered with fresh strikes, revoked Iran's oil waiver, and President Trump, speaking from the NATO summit, called the interim deal "over". Oil jumped roughly 6% and mortgage rates ticked...

The U.S. and Iran are crafting a deal that could potentially make life more affordable and bring 5.5 million home buyers back to the market

The Iran Deal Could Unleash 5.5M U.S. Home Buyers: Why North Texas Buyers Should Move Before Rates Fall

A war on the other side of the planet has been quietly setting the price of your next mortgage payment in DFW and this week the most important number in that whole equation finally moved. The United States and Iran reached a framework deal to end the war and reopen the Strait of Hormuz, with the signing scheduled for Friday, June 19 in Geneva, according to NBC News. The instant the news hit, oil fell more...