Ed Parcaut and Mike Kelly cover the local market, the California FAIR Plan increase, a state check on LA fire insurance payouts and what's on next week's calendar.

In this episode:

• Stanislaus County market: 122 closed transactions since October 1st, 858 listings and 328 pendings (Mike Kelly's local market numbers)

• Bonds and rates moved all over the place this week

• The California FAIR Plan increase took effect on the 15th, and why it hits hardest in high fire severity zones (Ed and Mike's discussion)

• California's DFPI ordered financial institutions to report data on insurance payouts to LA fire survivors and is looking into reports of delayed and denied payments (Ed, citing the DFPI order). Ed and Mike look back at 2008, WaMu and Countrywide

• Fed Chair Kevin Warsh spoke in Bangkok and said little about monetary policy

• Next week: the NAHB Market Index, housing starts and permits, pending home sales, mortgage applications and jobless claims

• Extra jerky: a historic church in Pennsylvania for sale with a graveyard of "more than 100 graves," asking "$225,000" (as read on air by Ed)

• Community Corner: things to do this weekend at realestatejerky.com

No cheerleading. No doom. Just the truth, with a little seasoning.

Watch live Mon to Fri on Facebook, LinkedIn and YouTube. More: www.edparcaut.com | @EdParcaut

Rates read on air from Mortgage News Daily, Oct 16, 2026. Ed's opinion, not financial advice.

Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org