Real Estate Jerky Daily Covers Inflation, Oil, and Wire Fraud Safety
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Real Estate Jerky Daily Covers Inflation, Oil, and Wire Fraud Safety
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Ed Parcaut breaks down the latest market update, including PCE inflation, oil prices, mortgage rates, GDP, and jobless claims.
Oil dropped below $70 per barrel, mortgage pricing improved, and the 10-year Treasury moved lower. Even though PCE came in a little hotter than expected, markets appeared to treat it as older data because oil has already moved closer to pre-conflict levels.
Ed also covers California disabled veteran property tax relief efforts and warns buyers to verify wire instructions directly with escrow before sending money.
A quick Real Estate Jerky Daily update with the facts buyers, sellers, borrowers, and homeowners need.
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