Chart of weekly 30-year fixed mortgage rates from August 2022 to 2026, with a latest reading of 6.3%.

Economic indicators swing positive

  • April 24, 2026

Following the announcements of ceasefires in Iran and Lebanon, and Iran's declaration that the Strait of Hormuz is open, many major economic indicators have been improving dramatically. The readings below are as of mid-day 4/17/26. However, the political situation is highly volatile, and many of these indicators can change very quickly. 

 

The 30-year weekly average mortgage rate has fallen to its lowest reading in 4 weeks: 6.3%.

Chart of weekly 30-year fixed mortgage rates from August 2022 to 2026, with a latest reading of 6.3%.

Stock markets have rebounded dramatically, hitting new all-time highs. 

Line chart shows Nasdaq and S&P 500 gains through April 2026, following a sharp tariff-shock drop.

The 2 stock market charts below reflect changes since they began soaring in early 2024.

S&P 500 bar chart rises overall from 2024 through April 17, 2026, with tariff shock and Iran war annotations.

Nasdaq Composite Index chart, January 2024 to April 2026, with tariff shock, Iran war, and cease-fire markers.

Oil dropped significantly today, though remaining significantly higher than pre-Iran-was prices. Gas prices have not adjusted so far. 

Crude oil price chart, February–April 2026, with spikes and annotations for the Iran war and Strait of Hormuz.

Chart of weekly U.S. gas prices, showing a sharp rise above $4 per gallon after the Iran war begins.

Rising consumer and producer-price inflation readings reflect March's data.  

Bar chart of year-over-year CPI inflation from January 2021 to March 2026, peaking at 8.9% in June 2022.

Bar chart of monthly U.S. producer price changes, peaking near 12% in 2022 and reaching 4% in March 2026.

The latest Consumer Sentiment reading, which reflects surveys conducted before the ceasefire announcement, hit its lowest point ever, since the survey began in 1978.

Chart of consumer sentiment from 1978 to April 2026, with recession and recovery annotations and a sharp recent decline.

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