video1.0<iframe src="https://www.loom.com/embed/70a801024ea94650ae71aa258cf61215" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/70a801024ea94650ae71aa258cf61215-8021781bafd126f5.gif206.533333This Loom provides a mortgage rate update, focusing on how employment data briefly pushed rates down before quickly reversing. The speaker explains that non farm payrolls and unemployment suggested job market weakness, which initially moved rates down from about 8.25 percent but then they rebounded to around 7.57 this week, with conventional rates at 7.57 and FHA around 7.20. They note FHA rates are difficult to get at more aggressive pricing and emphasize negotiation tools like seller credit and temporary buy downs, with an expectation that mortgage rates may return to the sixes. They also connect rate movement to oil and inflation impacts tied to reports involving Iran and oil supplies. The speaker says they are available over the weekend for texts or calls.