Oil Prices Crashing, Treasury Yields Falling - Your Mortgage Benefits!

Oil is crashing, stocks are at all-time highs, and mortgage rates just got their best news in a month. In this week's update, I break down what the Israel-Lebanon ceasefire means for the bond market, why the 10-year Treasury dropping to 4.26% matters for your mortgage, and what the latest housing data says about buyer opportunity in Bakersfield and beyond. What we cover:

Why oil prices crashed and stocks hit new highs The 10-year Treasury at a one-month low Builder confidence falling to 24 (and what that means for inventory) Existing home sales down 3.6% in March The typical homeowner has built $128,000 in equity over six years Inflation and jobs data you should know about

Whether you're a Realtor advising clients, a buyer waiting on the sidelines, or a homeowner thinking about your next move… this is the update you need.

Got questions about a specific deal or scenario?

Big news for the markets this week! We're seeing a significant stock market surge with oil prices crashing, and mortgage rates are getting their best news in a month. This comes after an iran ceasefire went into effect, impacting the oil supply chain and leading to a rally in bonds. For an economic analysis of what this means for you, watch the full video.