Published 3 days ago • loading... • Updated 3 days ago

Oil prices and your mortgage aren’t just two ships that pass in the night

That oil spike? More than gas — it reaches all the way to your mortgage rate.

+3 Reposted by 3 other sources

That oil spike? More than gas — it reaches all the way to your mortgage rate.

3 days ago·Fergus, Canada

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Elora Fergus Today broke the news in Fergus, Canada 3 days ago on Monday, May 4, 2026.

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Crude prices and bond yields climbed after oil transit through the Strait of Hormuz was cut off, lenders said.