Quick, plain-English takes on mortgage rates, the housing market, refinancing and reverse mortgages from Russell McDonald and the team at Wymac Capital. New videos are added regularly. Subscribe on YouTube.
November 12, 2026
$1.29 TRILLION in Credit Card Debt! Homeowners, WATCH THIS!
Americans now owe a record $1.29 trillion on credit cards, with new card offers averaging around 24% interest! If you're a homeowner struggling with expensive consumer debt, your home equity might offer a way to…
November 12, 2026
Is This the Worst Housing Market in 16 Years? #HousingMarket
Existing-home sales just plunged to their lowest level in 16 years! But unlike the 2008 housing crash, homeowners today have substantial equity, distressed sales are historically low, and prices aren't collapsing…
November 11, 2026
THE FED IS PLAYING WITH FIRE! Another Massive Rate Hike?
The Fed is discussing a possible HALF-POINT interest rate hike after another hot inflation report! But can higher rates really fix energy prices, supply shortages, and rising costs, or will they just punish…
November 10, 2026
INFLATION IS BACK! Fed Considers DOUBLE Rate Hike
INFLATION IS BACK! The latest CPI report came in hotter than expected, and now the Federal Reserve is considering a DOUBLE-SIZED interest rate hike in December. Here's why that could be terrible news for mortgage…
November 9, 2026
Mortgage Rates Could MOVE BIG This Week! CPI and PPI Ahead
Mortgage rates face two major inflation tests this week! After October's surprisingly strong jobs report, Tuesday's CPI and Friday's PPI could change expectations for the Federal Reserve and move the bond market….
November 8, 2026
Why your CHEAP mortgage rate is keeping you stuck in your house?
Your 2.25% mortgage rate when you tell it you're thinking about buying a bigger house. Some homeowners locked in incredible rates during the pandemic, and now their mortgages are practically begging them never to move!
November 6, 2026
165,000 New Jobs? The Unemployment Numbers DON’T ADD UP!
The government reported 165,000 new jobs in October, but the broader U-6 unemployment rate actually ROSE to 7.9% while official unemployment fell to 4.1%! ADP and Revelio also reported much weaker hiring estimates….
November 5, 2026
Why is the job market completely BROKEN?
Unemployment claims just fell to 189,000, matching their lowest level since 1969! But hiring remains weak, creating a strange "low-hire, low-fire" economy. Tomorrow's jobs report could move mortgage rates in a BIG way.
November 4, 2026
Don’t Count on Prop 37 Until You Know This #Proposition37 #FirstTimeHomeBuyer
California approved $25 BILLION in homebuyer assistance through Proposition 37! But the 17% assistance is a second mortgage, NOT free money. And we still don't know the interest rates, first-mortgage requirements, or…
November 3, 2026
Waiting for 2021 Rates AND 2008 Home Prices? 😂
Some homebuyers are waiting for a housing market that might only exist in their imagination. Would you rather buy now or keep waiting for the big crash?
November 2, 2026
Why mortgage rates might SHIFT this week?
Mortgage rates could be in for a wild week! Jobs reports, Tuesday's elections, and geopolitical uncertainty could shake up the bond market. Here's why BAD jobs news can sometimes mean LOWER mortgage rates!
November 2, 2026
Is the Economy Really Booming or Are You Just Broke? #economy #money
The U.S. economy grew 3.4% in the third quarter, but 62% of Americans surveyed have a negative view of the economy! Why? Because booming GDP doesn't mean families can afford groceries, insurance, or housing. Are you…
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate