Mortgage Rates Ease, Construction Dip & Election Day | REJ Daily 665
From Real Estate Jerky Daily · 13:53
Show by Ed Parcaut
Ed Parcaut and Mike Kelly open the week with mortgage rates lower than they've been in the last 30 days and the 10-year Treasury near 4.88% as bonds rally on the tech selloff. They also cover gas and diesel prices in California, this week's jobs data calendar, the local market as October closes, September construction spending falling 1.9%, the ISM manufacturing index at 55.5, Election Day and California ballot measures including Measure K, and shopping for a home while everyone else is busy with the holidays. Note: no show this Thursday or Friday. CHAPTERS: 0:00 Intro and Halloween recap 1:44 Local market check 3:33 Mortgage rates and the 10-year Treasury 4:08 Bond rally and the AI tech selloff 4:37 Gas and diesel prices in California 5:33 This week's economic calendar 7:10 Closing out October locally 8:16 Construction spending and ISM manufacturing 10:04 Election Day and California ballot measures 11:05 Measure K and local bonds 12:38 Buying during the holidays and wrap up Sources: Mortgage News Daily, Mortgage Rates Daily Index, https://www.mortgagenewsdaily.com/mortgage-rates, Oct 30, 2026 (mortgage rates ended the week at their lowest level since Sept 23). CNBC, https://www.cnbc.com/2026/11/02/us-treasury-yields-bonds.html, Nov 2, 2026 (10-year Treasury yield about 4.88%). U.S. Census Bureau, Monthly Construction Spending, Nov 2, 2026 (September spending down 1.9%). Institute for Supply Management, October 2026 Manufacturing PMI Report, Nov 2, 2026 (55.5, up from 54.5 in September). Rates change daily and depend on the borrower and loan. Michael Kelly, CA DRE #01072204, RE/MAX Executive Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.orgBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.
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