REAL ESTATE JERKY DAILY

Agents and Loan Officers Must Get Back to Basics in a Slower Market

September 9, 2026 · 13:13

Ed Parcaut and Mike Kelly cover a fast-moving mortgage market as a lock alert hits, mortgage pricing worsens by about 18 basis points, the 10-year Treasury moves near 4.84, and oil climbs over $100. They also discuss buyer affordability, ADP job growth at about 48,000 over four weeks, mortgage applications down 2.7%, refinance applications down 25% year over year, and Stanislaus County breaking 800 active listings. Ed and Mike also talk about RE/MAX leadership changes, Treasury buybacks, FICO and VantageScore use, and why real estate professionals need to get back to basics in a slower market. A short Real Estate Jerky Daily update with the u