09/04/2026
☕️ FRIDAY MARKET WRAP with Christy Reasor Mortgage
Mortgage. Real Estate. Money. What actually mattered this week.
There is A LOT of noise out there right now. Rates are going up. The Fed is going to do this. Wait to buy. Buy now. The market is crashing. The market is coming back.
So every Friday, I’m cutting through the noise and giving you the 5 biggest things that actually mattered this week.
1. THE JOBS REPORT CHANGED THE CONVERSATION
The U.S. added 162,000 jobs in August. Unemployment held at 4.1% and wages are up 3.1% from a year ago.
Why does your mortgage broker care about jobs? Because stronger employment can keep pressure on inflation and interest rates. And remember, mortgage rates don’t simply move because “the Fed changed rates.” The bond market is a HUGE part of the mortgage rate conversation.
2. MORTGAGE RATES MOVED HIGHER
Freddie Mac’s national average for a 30 year fixed mortgage came in at 6.71%, compared with 6.66% the week before.
Before somebody says, “Christy said rates are 6.71%…” NO. 😂 That’s a national survey average. Your rate depends on credit, loan program, down payment, occupancy, points, lender and your individual scenario.
What I care about here is DIRECTION, and this week rates moved higher.
3. HOUSING IS NOT DEAD
Overall mortgage applications increased 0.8% last week and purchase applications increased 2%.
Buyers are still buying. We’re also seeing something buyers desperately needed: CHOICES. More inventory can mean more negotiating power, price reductions, seller concessions and opportunities that weren’t there when buyers were fighting multiple offers.
4. WHAT THE INTERNET IS SAYING 📱
The question everywhere is “When are rates coming down?”
I think we’re asking the wrong question. The better question is: “What opportunity exists in YOUR market right now?”
A lower rate later doesn’t automatically mean you’ll be in a better position. What if prices change? Competition increases? Seller concessions disappear? And a higher rate today doesn’t automatically mean you should buy today either.
Stop making major financial decisions from headlines and 30 second videos. Run YOUR numbers. Look at YOUR payment. Understand YOUR options.
5. WHAT DOES THIS MEAN FOR YOU?
🏡 BUYERS: Don’t automatically sit on the sidelines waiting for a magical rate. Look at purchase price, payment, concessions, rate options, inventory, taxes, insurance and negotiating power. Sometimes the opportunity is hiding somewhere other than the interest rate.
🏠 SELLERS: Buyers have more choices and they’re payment conscious. Pricing matters. Seller concessions can sometimes be more powerful than another price reduction.
🤝 REALTORS: Your buyers don’t need another person forwarding scary headlines. They need professionals who can explain what those headlines mean for THEM. Bring your lender in early. Run scenarios. Talk concessions, buydowns and loan programs. Talk PAYMENT before you talk purchase price.
👀 WHAT I’M WATCHING NEXT WEEK
Next week we’re watching INFLATION. Producer inflation comes Thursday, September 10, followed by consumer inflation Friday, September 11.
Inflation can move bonds. Bonds can move mortgage pricing. And with the next Fed meeting getting closer, these reports matter.
I’ll be watching, and I’ll break it all down again next Friday. ☕️
Ignore the noise. Look at the numbers. Figure out what those numbers actually mean for YOU.
🩵 Christy Reasor Mortgage | Homefront Mortgage
NMLS #845414
The Woodlands • Conroe • Willis • Magnolia • Lake Conroe • Houston • All of Texas
One Loan. One Client. One 🩵 at a Time.
