Why Reverse Mortgage Purchase Files Need Builder and Escrow Training

Why Reverse Mortgage Purchase Files Need Builder and Escrow Training

Ed Parcaut and Mike Kelly cover California housing activity, Stanislaus County and San Joaquin County numbers, mortgage-rate movement, new home sales, tariff headlines, and reverse purchase escrow delays. California weekly data showed closed sales per day down 5.8%, pending sales per day down 1.2%, and new listings down 19.2%. Price reductions stayed elevated near 38.9%. Ed and Mike also discuss mortgage pricing improving by about 27 basis points, new home sales rising 1.6% in June, and why reverse mortgage purchase files need extra coordination with builders and escrow companies. A fast Real Estate Jerky Daily market update with the usual bite. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #CaliforniaRealEstate #HousingMarketUpdate #StanislausCountyRealEstate #SanJoaquinCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #NewHomeSales #ReverseMortgage #HECMForPurchase #Escrow #BuilderHomes #PriceReductions #TenYearTreasury #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Buyer Competition Drops While Homeowners Hold Strong Equity

Ed Parcaut and Mike Kelly cover mortgage rates, oil supply pressure, mortgage applications, local Stanislaus County activity, and California growth cities. The 10-year Treasury moved near 4.65, mortgage pricing worsened, and oil pressure returned as WTI pushed toward the high-$80 range. At the same time, mortgage applications increased 1.9%, with purchase applications up 6%. Ed and Mike also discuss homeownership, buyers under 35, Manteca's growth, and why people are still buying even in a choppy market. A fast Real Estate Jerky Daily update with the usual bite. #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #OilPrices #MortgageApplications #PurchaseApplications #HousingMarketUpdate #Homeownership #TenYearTreasury #StraitOfHormuz #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MantecaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Purchase Applications Jump 6% Despite Mortgage Market Headwinds

Ed Parcaut and Mike Kelly cover mortgage rates, oil supply pressure, mortgage applications, local Stanislaus County activity, and California growth cities. The 10-year Treasury moved near 4.65, mortgage pricing worsened, and oil pressure returned as WTI pushed toward the high-$80 range. At the same time, mortgage applications increased 1.9%, with purchase applications up 6%. Ed and Mike also discuss homeownership, buyers under 35, Manteca's growth, and why people are still buying even in a choppy market. A fast Real Estate Jerky Daily update with the usual bite. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #OilPrices #MortgageApplications #PurchaseApplications #HousingMarketUpdate #Homeownership #TenYearTreasury #StraitOfHormuz #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MantecaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Mortgage Rates Worsen as Oil Near $82 Keeps Inflation Concerns Alive

Ed Parcaut and Mike Kelly cover starter-home affordability, ADP job growth, home price appreciation, mortgage-rate pressure, oil prices, local appraisals, and lockbox safety. ADP job growth slowed to an average of 16,500 jobs per week, while national home values still rose 1.7% year over year. Ed and Mike also discuss why many consumers are living paycheck to paycheck and how that affects buyer demand. A fast Real Estate Jerky Daily market update with the usual bite. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #StarterHome #HomebuyerAffordability #ADPJobs #HomePrices #HomeAppreciation #OilPrices #Inflation #PaycheckToPaycheck #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #LockboxSafety #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MarketNewsWithTeeth

Sellers Face Reality as National Price Reductions Break 40%

Ed Parcaut and Mike Kelly cover national housing inventory, price reductions, mortgage rates, oil prices, and Stanislaus County real estate activity. National inventory jumped by 15,348 listings to 859,353 after the July Fourth holiday stretch. The median list price stayed at $449,900, days on market held at 63, and price reductions moved above 40%. Ed and Mike also review local active listings, pending sales, July closings, mortgage-rate pressure, oil near $80, and the jobs and housing reports coming this week. A fast real estate and mortgage market update with the usual Real Estate Jerky bite. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #HousingInventory #PriceReductions #HousingMarketUpdate #OilPrices #TenYearTreasury #ADPJobs #JoblessClaims #NewHomeSales #MortgageApplications #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth