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Mortgage Pricing Worsens 63 Basis Points as Iran Headlines Rattle Markets

Mortgage Pricing Worsens 63 Basis Points as Iran Headlines Rattle Markets

Published 1 week, 4 days ago
Description
Ed Parcaut and Mike Kelly cover Stanislaus County housing activity, national inventory, price reductions, a major mortgage lock alert, Treasury yields, oil pressure, Iran headlines, seller buydowns, and upcoming economic reports. Stanislaus County showed 848 active listings, 371 pending sales, and 229 September closings so far. National inventory rose to 895,398, while price reductions climbed to 42.51%. Ed also explains why mortgage pricing worsened by about 63 basis points as the 10-year Treasury moved to 5.2635 and oil pressure stayed high. A fast Real Estate Jerky Daily market update with the usual bite. Contact and Social Links: 🔗 **Follow us:**
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