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| @thecltmortgageguy |
Vol 1 · Iss 15 · July 3, 2026 |
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| The Weekly |
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| THE WEEKLY WRAP |
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| Rates. Market intel. What it means for you. |
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| Welcome Back |
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| Grateful, and Wishing You a Safe Fourth. |
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| Tomorrow is the Fourth of July, and before the long weekend really gets going, I wanted to slow down for a second and say thank you. Thank you for being part of this community, and for the trust you place in me week after week. Independence Day has a way of reminding us how much there is to be grateful for, the freedom we get to enjoy and the people who sacrificed so that we could. However you spend it, fireworks and a packed backyard or something quiet with the people who matter most, I hope this weekend gives you a real chance to rest and be present. Look out for one another, and please stay safe out there. Happy Fourth. |
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| Market Update |
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| The Jobs Report Cooled, and So Did Rates. |
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| 30-yr Fixed |
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| 6.43% |
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| ↓ Down from 6.49% |
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| Rate Direction |
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| Down |
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| Soft jobs report |
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| The headline this week landed Thursday morning with the June jobs report, and it came in noticeably soft. Economists were looking for around 110,000 new jobs. The economy added just 57,000, and the unemployment rate ticked up to 4.2 percent. Wage growth held steady and right in line with expectations, so the story here is not runaway inflation. It is a labor market that is cooling more than anyone penciled in. |
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| Mortgage bonds, which move in the opposite direction of rates, rallied on the news, and that pushed mortgage rates modestly lower. Freddie Mac's weekly average on the thirty year fixed landed at 6.43 percent, down from 6.49 percent the week before, and the lowest reading in seven weeks. Investors read the soft data as a green light for the Fed to stay patient, and expectations for the next Fed move slid from October out to December. |
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| For your buyers, this is the kind of week that quietly improves affordability without ever making the front page. A cooling job market is not the same as a falling one, and this looks a lot more like the steady soft landing that keeps rates drifting in the right direction. If you have someone who has been waiting for a reason to look again, this is a good week to reach back out. |
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When rates ease like this, the buyer sitting on the fence is the first call you make Monday morning. These windows do not stay open long. |
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| This Tuesday · Noon ET |
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| Your Self-Employed Buyers Are More Qualified Than They Think. |
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| Some of the strongest buyers out there talk themselves right out of buying because they are self employed, and someone once told them they would never qualify. That is almost never true. It is just a different conversation. This Tuesday we are building the self employed buyer playbook, from how a lender actually reads two years of tax returns, to why the write offs that save them money at tax time can quietly work against them on a loan application, to the bank statement programs that look at real deposits instead of net income. We will also cover the single most valuable thing you can tell a self employed buyer a full year before they shop, so they walk in ready instead of surprised. If you work with anyone who owns a business, freelances, or runs a side operation, this is the call that turns a maybe into a plan. |
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| Drop in Tuesday at noon. No booking needed. Zoom link at linktr.ee/thecltmortgageguy. Bring your self employed buyers and your toughest income scenarios. Have a topic for a future call? Just reply to this email. |
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| See you Tuesday. For daily rate updates follow @thecltmortgageguy on Instagram. |
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| Book a consult or grab the Zoom link at linktr.ee/thecltmortgageguy. |
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| thecltmortgageguy.com · NMLS #1465241 |
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