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Fed Decision Day Brings Rate Relief as Builder Confidence Drops
Published 3Â weeks, 2Â days ago
Description
Ed Parcaut and Mike Kelly cover Fed decision day, mortgage pricing, the 10-year Treasury, builder confidence, retail sales, mortgage applications, refinances, and Stanislaus County real estate activity. Mortgage pricing improved by about 28 basis points, while the 10-year Treasury sat near 4.95. Builder confidence fell to 32, current sales dropped to 35, and buyer traffic stayed at 23. Retail sales rose 1.2% in August, but mortgage applications fell 4.1%. Purchase applications dropped 1%, and refinances fell 9% for the week and 65% year over year. A fast Real Estate Jerky Daily market update with the usual bite. Contact and Social Links: 🔗 **Follow us:**
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#RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #FedDecision #FederalReserve #TenYearTreasury #BuilderConfidence #NAHB #RetailSales #MortgageApplications #Refinance #PurchaseApplications #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #JacksonRealEstate #SellerCredits #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
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- **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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #FedDecision #FederalReserve #TenYearTreasury #BuilderConfidence #NAHB #RetailSales #MortgageApplications #Refinance #PurchaseApplications #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #JacksonRealEstate #SellerCredits #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.