Episode #475 - 8/14/26

REAL TALK REAL ESTATE THIS WEEK'S EPISODE "Why aren't rates dropping?" We break down the ONE number that explains it all. Jay & Andy dig into "the spread" — the gap between the 10-year Treasury yield and your 30-year mortgage rate. Here's the punchline: For 50+ years, mortgage rates have tracked the 10-year Treasury almost in lockstep The "normal" gap between them (the spread) averages 1.76 points In 2023 that gap blew out to 3.19 — which is WHY rates spiked toward 8% Today it's down to 2.01 — just above normal — which is why rates sit around 6.69% The takeaway: the spread has already done most of its shrinking. That means most of the "easy" rate relief has already happened — don't wait around for an 8%→5% miracle drop. If you're planning to buy in the next 6-12 months, the math says get moving, not wait it out. Full episode breaking down what this means for YOUR buying power → link in comments! HOUSE OF THE WEEK 112 Glade Boulevard, Walkersville, MD $525,000 | 4 Beds | 2.5 Baths | 2,452 Sq Ft This Glade Towne colonial has been updated top to bottom — and it shows. Remodeled kitchen w/ granite counters + freshly painted cabinetry Luxury vinyl plank flooring across the ENTIRE main level New HVAC (2024), water heater (2023) & radon mitigation (2024) New roof w/ oversized gutters (2021) + all-new light fixtures (2025) Primary suite w/ walk-in closet + updated stand-up shower bath Main-floor laundry AND a huge walk-in pantry Finished basement rec room + storage/utility rooms Fully fenced backyard w/ deck, patio & shed — built for cookouts and lazy Sundays Tucked into an established neighborhood with mature trees, a community pool, and tot lots — plus easy access to shopping, dining, and commuter routes. This one truly checks every box. Want the full scoop or want to see it in person? Call 866-702-9038 See omnystudio.com/listener for privacy information.