Rick Sharga on Mortgage Rates, Housing Trends & Local Market Data: What Brokers Should Know?

Mortgage rates, housing trends, and local market data can be hard to track — especially when national headlines don’t explain what is happening in your market. In this conversation, Rick Sharga of CJ Patrick Company joins AD Mortgage to explain which mortgage and housing indicators brokers should actually watch, which numbers can be misleading, and how local data can help mortgage professionals speak with more confidence. Rick breaks down why national housing market numbers do not always reflect local conditions, how mortgage rates are connected to the bond market, and why Fed rate cuts do not directly control mortgage rates. In this video, we cover: • What mortgage brokers should track in their local market • How mortgage rates are determined • Why Fed rate cuts and mortgage rates do not always move together • The role of the 10-year Treasury yield in mortgage interest rates • Home sales volume, home prices, and housing inventory • Buyer’s market vs. seller’s market vs. neutral market • Free sources for local housing market data • Why job growth, population growth, and wage growth matter • How brokers can use market data in client conversations, emails, and social media For mortgage brokers, staying informed is not about watching every economic headline. It is about knowing which mortgage questions matter, where to find useful data, and how to turn that information into clearer conversations with clients. Subscribe to AD Mortgage for more mortgage market updates, expert conversations, and practical insights for mortgage professionals. #realestate #realestateinvesting #mortgage #mortgagerates #housingmarket #nonqmloans #dscr #mortgagecalculator #itin #fico #admortgage #realestate #bankstatement #inflation _____________________________________________________________________ AD Mortgage (NMLS # 958660) is a top wholesale and correspondent lender, bringing first class service.  We are a nationwide lender able to conduct business in 40+ states. Join the more than 9,100+ companies who’ve already chosen AD Mortgage as their long-term partner to expand their pipeline! Learn About Programs: https://admortgage.com/our-programs/?utm_source=yt&utm_medium=sm&utm_campaign=RickShargaInsights26 Calculate Your Loan: https://pricer.admortgage.com/?utm_source=yt&utm_medium=sm&utm_campaign=RickShargaInsights26 Submit Scenario: https://admortgage.com/scenario-request-form-2/?utm_source=yt&utm_medium=sm&utm_campaign=RickShargaInsights26 Become a Partner: https://admortgage.com/become-a-partner/?utm_source=yt&utm_medium=sm&utm_campaign=RickShargaInsights26 Follow us where you wish: LinkedIn: https://www.linkedin.com/company/admortgage/ Facebook: https://www.facebook.com/admortgagecompany/ Instagram: https://www.instagram.com/admortgagellc/ Twitter: https://twitter.com/ad_mortgage Threads: https://www.threads.net/@admortgagellc Telegram: https://t.me/admortgage_bot 00:00 What Market Data Actually Matters? 04:13 The Problem With National Housing Numbers 05:25 3 Things to Watch in the Local Market 07:51 Where Brokers Can Find Free Market Data 10:03 Why Fed Cuts Don’t Equal Lower Mortgage Rates 14:50 Where to Find the Local Story 18:17 How Brokers Can Use Data to Stay Top of Mind 22:03 Final Takeaways for Mortgage Pros