NAHB's Dietz Sees 7.5% Mortgage Rates Holding Until Geopolitical Issues Ease
NAHB Chief Economist Robert Dietz said on the Housing Developments podcast that mortgage rates near 7.5% may persist until geopolitical issues settle.
Key facts
- Dietz called mortgage rates in the 7.5% range the new normal until geopolitical issues are resolved.
- Dietz tied current high inflation to the Iran war and said policy uncertainty is keeping interest rates higher.
- Dietz sees a low risk of recession in 2027 but puts the chance of a broad pullback next year at 35%.
- NAHB expects single-family production to fall 3% next year, its third straight year of modest declines.
- The discussion with NAHB CEO Jim Tobin and COO Paul Lopez was recorded at the NAHB Fall Leadership Meeting in Detroit.
Create a free account to read the full summary and the RISE take
A free account gives you the full summary of every story, the RISE take on what it means for owners, and the whole news archive with filters and search.
Takes about a minute. We email you a link to confirm; open it and you come straight back here.
Read the original at NAHB (opens in a new tab)
Source: Podcast: 7.5% Mortgage Rates ‘New Normal’ Until Geopolitical Issues Resolved — NAHB, October 9, 2026. Summary and commentary by RISE Community; read the full story at the source.
Related Stories
- Mortgage rates ease again, but more borrowers choose adjustable loans
- Mortgage Rates Ease to 7.52% as the 10-Year Treasury Yield Drops to 5.09%
- Mortgage rates ease to 7.35% while buyers lean on seller concessions and ARMs
- Mortgage Rates Ease to 7.38% as Traders Expect the Fed to Hold
- Conforming mortgage rates hold at 7.63% as bond market keeps borrowing costs high