Agents Feel the Slow Market as Rates Push Buyers Toward Caution

Ed Parcaut and Mike Kelly cover a rough mortgage-rate day, with mortgage pricing worsening by about 39 basis points and the 10-year Treasury near 4.92. They also discuss oil over $100, jobless claims at 206,000, continuing claims near 1.774 million, and PPI rising 0.4% month over month and 5.4% year over year. Locally, Stanislaus County reached 63 September closings with about 384 pending sales. Ed also shares that a VA appraisal came back in less than 24 hours, showing how slow transaction volume can affect turn times. A quick Real Estate Jerky Daily update with the usual bite. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #RateLock #TenYearTreasury #OilPrices #PPIReport #CPIReport #InflationData #JoblessClaims #VAAppraisal #VALoans #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeethBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.