Episode Details

n this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly cover the latest market signals affecting mortgage rates, real estate decisions, and buyer confidence. The conversation starts with the market reaction to global ceasefire headlines, oil prices, the Dow, and the 10-year Treasury. Ed notes that mortgage pricing improved by several basis points while the 10-year Treasury remained in the mid-4 percent range, keeping rates front and center for buyers and borrowers. Ed and Mike also discuss the Challenger Job Cut Report, which showed corporate layoffs increasing in May, along with initial jobless claims coming in above expectations. With the BLS jobs report coming next, the market is still waiting for a clearer signal on employment, inflation, and where rates may head next. The episode also includes an important warning about wire fraud and AI voice cloning in real estate. Ed and Mike talk about the need for buyers, sellers, and families to have safeguards, including verbal confirmation and safe words, before trusting last-minute wiring instructions or urgent money requests. This episode brings together economic data, mortgage rate movement, local real estate insight, and the classic Real Estate Jerky humor listeners expect from Ed and Mike. Subscribe to Real Estate Jerky Daily for mortgage updates, real estate market talk, and straight conversations about what is really happening in the market. Contact and Social Links: 🔗 **Follow us:**
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