Jeff DerGurahian

“We likely need several factors to fall into place, including cooler oil prices, softer consumer spending and a steady run of inflation reports showing progress toward the Fed's 2% target.”

Jeff DerGurahian · said date not stated · reported 2026-10-28

DerGurahian outlined the conditions needed to bring mortgage rates lower, including cooler oil prices and softer consumer spending.

“There is no single switch that will bring mortgage rates meaningfully lower,”

Jeff DerGurahian · said date not stated · reported 2026-10-28

DerGurahian explained that multiple factors would need to align for mortgage rates to come down meaningfully.