HousingWire Daily Tariff news, potential war with Iran and mortgage rates
12 snips
Feb 24, 2026 
Logan Mohtashami, lead analyst who tracks housing and mortgage data, weighs in on how geopolitical headlines and tariffs shape market tone. He discusses why mortgage rates barely budged despite Iran tensions and tariff news. They cover spreads, Fed policy, housing production timelines, and a weekly tracker showing healthier market signals.
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Limited Iran Action Likely Keeps Yields Stable
- Geopolitical headlines so far haven't pushed yields much because markets expect limited strikes rather than prolonged war.
- Logan Mohtashami points to modest oil moves and expects short, contained military action that markets will quickly price and move on.
Tight Labor Market Keeps Rates Anchored
- The 10-year yield and mortgage rates remained muted despite headlines because jobless claims and the labor market stay tight.
- Mohtashami notes the 10-year around 4.06% and emphasizes low claims as a stabilizer for rates.
Watch Fed Balance Sheet Language For Rate Signals
- Watch Fed messaging on balance sheet reductions as a key driver for future rate moves.
- Logan advises monitoring whether the Fed clearly ties balance-sheet policy to disinflation claims about AI before expecting lower rates.