Dip, Don’t Trip
Tech sold off, Bitcoin slipped under six figures, and the 10-year stayed chill. Translation: payments improved while headlines screamed.
What I’m watching today:
• Mortgage rates in the mid-6s and Treasury buybacks in the mix
• ADP +42k jobs, cooler pay—soft-ish labor keeps the Fed patient
• Three real estate prints you can’t ignore: Prologis’ Bay Area industrial buy, a rare green-ink Boston office sale, and Rockpoint’s $142M Richmond industrial scoop
Playbook: run a “6.25% Myth-Buster” on every buyer—2-1 vs permanent buydown, stack seller credits, and set the refi trigger.
Until tomorrow, be…
The skinny
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