Housing market remains resilient.

It may not be the sticker shock of last year’s tariff-palooza, but war with Iran is causing economic volatility and uncertainty to surge higher every day. However, the housing market has not seen significant impacts — at least not yet. That could change in a hurry.

As of April 13, the average daily 30-year mortgage rate had risen to 6.41% after briefly dipping below 6% prior to the war. And as anyone with a gas-powered car has experienced, oil prices have soared, causing inflation to jump from 2.4% in February to 3.3% in March.

Prior to the ceasefire, consumer confidence fell to its lowest reading ever going back to 1978. Following the announcement, stock markets have dramatically rebounded.