Ed Parcaut and Mike Kelly cover mortgage rates falling for a second straight week, with Freddie Mac's 30-year average at 7.24%, down from 7.32%. They also cover the tech selloff after Amazon earnings and the move into Treasuries that pulled the 10-year down, the Employment Cost Index, oil after a tanker attack in the Strait of Hormuz, home values and inventory, Fed and betting market odds, a California market check, and Halloween's creepiest listings.

CHAPTERS:
0:00 Intro with Ed Parcaut and Mike Kelly
2:00 Local market check in Stanislaus County
4:43 Oil and the 10-year Treasury
5:21 Tech selloff, Amazon earnings and bonds
6:33 Employment Cost Index
7:21 Home values and inventory
9:37 California market check
10:10 Oil, Iran and betting markets
12:07 California Corner
13:10 Local ballot measures
14:45 Halloween's creepiest listings
18:29 Halloween safety and wrap up

Sources: Freddie Mac Primary Mortgage Market Survey, Oct 29, 2026 (30-year average 7.24%, down from 7.32%; 15-year 6.60%, down from 6.68%). U.S. Bureau of Labor Statistics, Employment Cost Index, Oct 30, 2026 (labor costs up 0.8% in the third quarter, 3.4% over the year; wages and salaries up 3.1%). Newsquawk, Oct 30, 2026 (Amazon down about 6.7% before the open after earnings). StoneX, Oct 30, 2026 (tanker attack in the Strait of Hormuz; Brent about $113.40, WTI near $104). Hyperdash and StoneX, Oct 30, 2026 (10-year Treasury about 4.93%). Rates change daily and depend on the borrower and loan.

Michael Kelly, CA DRE #01072204, RE/MAX Executive

Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org