Will Mortgage Rates Drop This Week? | REJ Daily 660
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Ed Parcaut and Mike Kelly look at what is moving mortgage rates this week, from oil prices to AI company debt and the bond market, and what the Fed meeting may or may not mean for homebuyers. They also cover local Modesto listings, pending and closed sales, a new California insurance rate filing review, and a flying saucer house near Idyllwild.
CHAPTERS:
0:00 Intro with Ed Parcaut and Mike Kelly
0:48 Modesto listings, pending and closed sales
1:34 National housing numbers and price cuts
3:02 Stocks, bonds and the 10-year Treasury
3:41 Why oil matters for mortgage rates
4:10 What to expect from the Fed this week
4:24 AI company debt and the bond market
5:33 This week's economic reports
6:13 California insurance rate filings go public
7:25 The flying saucer house near Idyllwild
12:04 Helping The Brave and Daily Muster
16:58 Wrap up
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