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 #MarketNewsWithTeethBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.