Lack of uncertainty around the Iraq conflict caused bond market yields to reverse their downward spiral of recent weeks and mortgage rates followed in tandem. But there are other uncertainties about the length of the conflict and its impact on the economy that will influence mortgage rates in the weeks to come, so this rise in rates may be only temporary.

Frank Nothaft

Conflict Iraq Uncertainty

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It depresses sentiment more than anything else. Any political instability or regional conflict ...creates uncertainty. But I haven't seen much of an impact.

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Largely because of the hunkering down related to this Iraq uncertainty,

— John Lonski

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It comes as a surprise to no one that after decades of internal and international conflict, Iraq is littered with land mines and bombs.

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I expect a dull market here, especially given uncertainty in the Iraq war.

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The Iraq conflict, while not a cause of extremism, has become a cause for extremists.

— Porter Goss

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