The David Greene Show Mortgage Monday I Oil Fears and War Efforts Spike Rates I Episode 121
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Mar 23, 2026 They discuss how recent attacks on oil infrastructure are driving inflation fears and pushing mortgage rates higher. The conversation explains how average mortgage rates are calculated and why individual rates differ. They weigh locking versus floating strategies and explain float-downs and broker advantages. They predict the spike may be temporary and outline possible long-term outcomes.
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David's Cabin Work And Rental Offer
- David mentions being away working on cabins in the Smoky Mountains and offering them for stays or purchase.
- He plugs davidgreen24.com and jokes about sleeping in Christian's bed improving life.
Oil Prices Drive Inflation Which Moves Mortgage Rates
- Oil doesn't directly set mortgage rates but drives inflation, which pushes rates up when energy and transport costs rise.
- Christian explains higher oil from Strait of Hormuz disruptions raised inflation fears, offsetting a weak jobs report that would have lowered rates.
Two Opposing Forces Flatten Rate Movement
- Conflicting macro forces can neutralize rate moves: weak jobs reports push rates down while geopolitical oil shocks push them up.
- Christian highlights a recent jobs miss that normally lowers rates but was offset by Iran-related oil fears.