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| @thecltmortgageguy |
Vol 1 · Iss 11 · June 5, 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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| We Cut Through the Noise. You Help People Home. |
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| Thank you for being here again this week. The headlines were loud. Oil swung around, inflation chatter picked back up, and the market had plenty to react to. The work on our end stays the same no matter how noisy it gets. Every week the goal is to take what is happening and hand you something useful you can bring straight to your clients. I am grateful for this community of agents who show up, ask sharp questions, and keep pushing to get more people into homes. Let us keep that going. |
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| Market Update |
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| Oil Set the Tone. Rates Eased Anyway. |
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| 30-yr Fixed |
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| 6.48% |
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| ↓ Down from 6.53% |
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| Rate Direction |
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| Down |
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| Eased late week |
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| Early in the week the jobs data did the talking. On Tuesday, job openings came in much stronger than expected, a sign that demand for workers is steadying rather than slipping. That kept the Federal Reserve in a comfortable spot and the market fairly quiet. Then oil took over the story. |
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| On Wednesday, overnight headlines out of the Middle East pushed oil prices higher, and energy costs feed straight into inflation worries. Mortgage bonds, which set the direction for mortgage rates, slipped as traders priced in the risk that inflation could heat back up. The move stayed orderly, not panicked, which tells you buyers were still showing up. By Thursday the picture flipped. Oil pulled back more than two percent on signs of de-escalation, and rates improved right alongside it. |
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| When the weekly average was tallied, the 30-year landed at 6.48 percent, actually a touch lower than the week before even after all the back and forth. The monthly jobs report lands this morning and will set the tone heading into next week. A softer hiring number would support lower rates, while a hot reading, especially on wages, could push them back up. For your buyers, the takeaway is steadiness in the mid 6s with small day to day moves, not a runaway in either direction. |
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Rates fought higher all week and still finished lower. Steady is the story right now, so keep your buyers moving. |
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| This Tuesday · Noon ET |
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| We Build the Marketing. You Win the Listing. |
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| Co-marketing is one of the most underused tools an agent has, and it costs you nothing. We have flyers for just about anything you can imagine. Open house pieces, cost of waiting breakdowns, rent versus own comparisons, and plenty more. If there is something you need that we do not already have, we will build it. These are the pieces that get your listings noticed and get your buyers excited to act. On Tuesday I am walking through how all of it works and how we can team up to put real marketing behind your business. Bring your questions and your ideas, and let us make the second half of 2026 the best stretch of the year. |
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| Drop in Tuesday at noon. No booking needed. Zoom link at linktr.ee/thecltmortgageguy. Bring the listings you want to move. Have a topic for a future call? Just reply to this email. |
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| One more thing. We are hosting a World Cup watch party on Friday the 19th for the US match against Australia. Details to come, so keep an eye on Instagram. |
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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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