HousingWire Daily Positive spring housing outlook at risk from escalating Iran war
13 snips
Mar 12, 2026 
Logan Mohtashami, a lead analyst who tracks mortgage and housing data, joins to discuss the spring housing rally now threatened by the Iran war. He breaks down how attacks pushed 10-year yields higher and the ripple effects on rates, fuel, and input costs. They spotlight a critical watch date and scenarios where prolonged conflict could push mortgage rates above 7%.
AI Snips
Chapters
Transcript
Episode notes
Light Banter Before A Market Discussion
- Logan joked about telling Sarah to style her hair 'sideways' before the podcast as a light on‑air moment.
- The exchange set a casual tone and led into his observation about volatility and yields.
Escalation In Iran Pushed Yields Higher
- The Iran conflict pushed the 10-year Treasury yield above 4.15% and lifted oil prices, creating immediate rate pressure on mortgages.
- Logan Mohtashami points to mines and attacks on ships in the Strait of Hormuz as the escalation that moved yields and oil markets.
Spring Housing Data Was Turning Positive
- Spring housing indicators (purchase apps, pending sales, existing home sales) were broadly positive year‑over‑year through March.
- Mohtashami notes multiple weeks of double‑digit year‑over‑year growth in purchase applications and consistent positive weekly data.