Slower Job Growth, Lower Oil, and the Mortgage Market Waiting Game

Lower Oil Prices Give Mortgage Rates a Needed Boost

Ed Parcaut delivers a quick Real Estate Jerky Daily market update covering lower oil prices, improving mortgage pricing, Dallas Fed inflation data, and next week's major reports. Mortgage pricing improved by about 14 basis points, WTI crude moved near $68, and oil continued trending lower. Ed explains why lower oil may help future inflation readings and why that matters for mortgage rates. He also previews Case-Shiller, FHFA, JOLTS, ADP employment, job cuts, mortgage applications, the BLS jobs report, and jobless claims. A fast market update for buyers, sellers, borrowers, and real estate professionals watching rates. 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 #RealEstateJerky #MortgageRates #OilPrices #InflationData #DallasFed #PCEReport #TreasuryYields #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #HomebuyerTips #ADPJobs #BLSJobsReport #JOLTS #CaseShiller #FHFA #MarketNewsWithTeeth #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate

Real Estate Jerky Daily Covers Inflation, Oil, and Wire Fraud Safety

Ed Parcaut breaks down the latest market update, including PCE inflation, oil prices, mortgage rates, GDP, and jobless claims. Oil dropped below $70 per barrel, mortgage pricing improved, and the 10-year Treasury moved lower. Even though PCE came in a little hotter than expected, markets appeared to treat it as older data because oil has already moved closer to pre-conflict levels. Ed also covers California disabled veteran property tax relief efforts and warns buyers to verify wire instructions directly with escrow before sending money. A quick Real Estate Jerky Daily update with the facts buyers, sellers, borrowers, and homeowners need. 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 #RealEstateJerky #MortgageRates #PCEReport #InflationData #OilPrices #GDPReport #JoblessClaims #TenYearTreasury #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #VeteransBenefits #DisabledVeterans #WireFraud #EscrowFraud #HomebuyerTips #MarketNewsWithTeeth #CaliforniaRealEstate

Mortgage Rates Stay Choppy as Oil Drops to Its Lowest Level Since March

Ed Parcaut breaks down the latest market signals affecting mortgage rates, real estate, and business strategy. In this episode of Real Estate Jerky Daily, Ed covers ADP weekly employment data, oil prices falling to their lowest level since March, the 10-year Treasury, mortgage-rate volatility, and the upcoming PCE inflation report. He also talks about where jobs are being created, why healthcare remains a strong employment area, and how AI is changing productivity across industries. If you are watching mortgage rates, inflation, housing, or the future of work, this quick market update gives you the numbers without the fluff. 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 #RealEstateJerky #MortgageRates #ADPJobs #PCEReport #InflationData #OilPrices #TenYearTreasury #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #AI #ArtificialIntelligence #RealEstateTechnology #MortgageMarket #MarketNewsWithTeeth #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate

Alan Greenspan's Legacy Meets Today's AI-Driven Market Shift

National housing inventory moved higher again, price reductions are approaching 40%, and mortgage rates remain volatile as the market waits for more inflation data. In this episode of Real Estate Jerky Daily, Ed Parcaut covers national housing inventory, mortgage rates, the 10-year Treasury, oil prices, upcoming economic reports, Alan Greenspan's economic legacy, and the growing impact of artificial intelligence. Inventory rose by 14,015 active listings to 830,939. The national median list price remained around $450,000, average days on market held near 56, and price reductions increased to approximately 38.62%. Ed explains that nearly 40% of listed properties nationwide have had some kind of price reduction during the listing process. At the same time, he cautions buyers not to assume that appraisals are automatically coming in low, noting that he has not seen that pattern in his own files. The episode also previews the week's key reports, including ADP employment, mortgage applications, new home sales, PCE inflation, the final first-quarter GDP read, and durable goods. Mortgage rates remained under pressure, with the 10-year Treasury around 4.50% and mortgage pricing worse by roughly 18 to 20 basis points during the episode. Ed explains that rates are unlikely to improve meaningfully until inflation shows clearer signs of moving lower. Ed also reflects on Alan Greenspan's role through several major economic events and uses that discussion to compare the rise of AI to the personal-computer revolution. The difference, Ed argues, is that AI is already helping people and companies produce profit, output, and leverage today. Subscribe to Real Estate Jerky Daily for mortgage insight, housing-market updates, economic reports, and market news with teeth. 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 #RealEstateJerky #MortgageRates #HousingInventory #PriceReductions #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #Inflation #PCEReport #GDPReport #DurableGoods #ADPJobs #NewHomeSales #TenYearTreasury #AlanGreenspan #ArtificialIntelligence #AIRealEstate #MarketNewsWithTeeth #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate

Retail Spending Beats Forecasts as Homebuyers Wait for Lower Rates

Mortgage pricing improved, oil prices moved lower, and markets turned their attention toward the Federal Reserve and a possible U.S.-Iran peace agreement. In this episode of Real Estate Jerky Daily, Ed Parcaut explains why rates improved and why buyers should pay attention to more than just today's mortgage quote. Ed recently saw a borrower's available rate improve by approximately one-quarter percentage point between the initial quote and the loan disclosure. That improvement shows how quickly mortgage pricing can change when oil, inflation expectations, Treasury yields, and geopolitical headlines shift. The episode also covers the latest Mortgage Bankers Association application report. Overall mortgage application volume declined 3.8% for the week. Purchase applications fell 3.4%, while refinance applications dropped 4.5%. Although refinance activity remained above last year's level, Ed explains that the numbers are still weak compared with periods when rates were substantially lower. Retail sales offered a different signal. May sales increased 0.9%, beating expectations, while sales excluding automobiles rose 0.8%. Consumers are still spending despite concerns about affordability and household budgets. Ed also discusses: * Mortgage pricing improving during the morning * The 10-year Treasury holding near 4.43% * Oil settling below $80 per barrel * Why lower oil may eventually reduce inflation pressure * Falling purchase and refinance applications * Stronger-than-expected retail sales * Continued weakness in builder confidence * The Federal Reserve's upcoming rate decision * A possible U.S.-Iran peace agreement * Reopening the Strait of Hormuz without tolls * Why waiting for lower rates may create more buyer competition The central message is to focus on the right property and overall financial strategy. Rates may improve, but lower borrowing costs can quickly bring more buyers back into the housing market. Subscribe to Real Estate Jerky Daily for mortgage insight, housing-market updates, economic reports, and market news with teeth. 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 #RealEstateJerky #MortgageRates #MortgageApplications #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #FederalReserve #FOMC #RetailSales #OilPrices #Inflation #TenYearTreasury #HomeBuyingTips #Refinance #HousingAffordability #HomebuyerCompetition #MortgageMarket #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate #MarketNewsWithTeeth