According to Fortune magazine, the outlook for interest rates just shifted dramatically

According to Fortune magazine, the outlook for interest rates just shifted dramatically—and it matters for homebuyers across Colorado and the broader U.S. economy. Just weeks ago, markets expected the Federal Reserve to cut rates in 2026. But now, due to rising energy prices driven by the Iran conflict, inflation fears are back—and the odds of a rate hike have actually surpassed rate cuts in the near term. Oil prices are now above $100 a barrel and pushing up costs across the economy, creating renewed pressure on inflation. That’s raising concerns about stagflation—a mix of slow growth and rising prices—which could keep borrowing costs higher for longer. For homebuyers in Denver and across Colorado, this means mortgage rates may stay elevated, reducing affordability and keeping monthly payments high. However, there’s still uncertainty. Many economists believe the Fed could hold steady—or even cut rates later this year if higher energy costs slow consumer spending. Right now, the most likely scenario is no change in rates through the summer—but volatility is back. Bottom line: if you’re buying or refinancing in today’s market, timing and strategy matter more than ever. #mortgage #fixnflip #mortgagerates #refinance #warrantablecondo #condotel #reverse mortgages #HCM #BestRates #FannieMae #FreddieMac #FHA #VALoans #USDAloans #denver #boulder #Colorado #thefed #powell #iran #oil #inflation #stagflation