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REAL ESTATE JERKY DAILY

Why Labor Reports Are Shaping Mortgage Rate Expectations

June 5, 2026 · 13:51

n this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly cover the latest market signals affecting mortgage rates, real estate decisions, and buyer confidence. The conversation starts with the market reaction to global ceasefire headlines, oil prices, the Dow, and the 10-year Treasury. Ed notes that mortgage pricing improved by several basis points while the 10-year Treasury remained in the mid-4 percent range, keeping rates front and center for buyers and borrowers. Ed and Mike also discuss the Challenger Job Cut Report, which showed corporate layoffs increasing in May, along with initial jobless claims coming in above expectatio

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