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.
October 17, 2025
BIG Bitcoin Bust $15B Seized From Pig Butchering Scam 🐷💰
The DOJ just busted a $15 billion crypto scam run by Cambodian tycoon Chen Zhi – known as “Chairman Prince.” This global “pig butchering” network used fake trading apps and romance scams to steal fortunes while…
October 16, 2025
Fed Officials Clash Over Rate Cuts 🏦💥
Fed Governor Stephen Miran wants a half-point rate cut this month while Governor Waller says a smaller quarter-point move is safer. Markets are caught in the middle, and mortgage rates are reacting fast. Here’s how…
October 15, 2025
Why the Schumer Shutdown Could Hit Your Mortgage 💰
Schumer is demanding to extend ACA tax credits that Democrats themselves voted to let expire in Biden’s Inflation Reduction Act. Instead of passing a clean funding bill, Congress is playing political games that could…
October 14, 2025
Fed Tightening MAY Soon Come To An End 🏦
Fed Chair Jerome Powell suggested the Fed’s balance sheet tightening program could end soon but offered no guidance on future rate cuts. Liquidity might stop shrinking, but rates could stay higher for longer…
October 10, 2025
Bureau of Labor Statistics RUSHES to Calculate SOCIAL SECURITY Increases 💰
The government is recalling BLS staff to release the September CPI report so it can calculate next year’s Social Security increases before November 1. Inflation data is getting prioritized even as other reports stay…
October 10, 2025
Consumers Are Downbeat… But Should Anyone Be Surprised? 📉
Consumer sentiment is down again. Of course it is. People are worried about jobs, prices, and uncertainty in the economy. But smart buyers know these moments create opportunity if you know how to move while everyone…
October 9, 2025
Is Buying a HOME Still a Smart Move in 2025?
Everyone’s waiting for the housing crash that may never come, but that fear is costing people real wealth. The median homeowner’s net worth is $396,000 compared to $10,400 for renters. 2025 is a strategic time to buy…
October 8, 2025
IRS Shutdown DELAYS Your Home Loan Approval?
The IRS shutdown is delaying tax transcript requests that many lenders need to approve loans. If you are buying a home, check with your lender to make sure your loan approval is not at risk. If there are delays, work…
October 8, 2025
Refinancing Is BACK What’s The BIGGEST Mistake?
Mortgage rates have started to dip and many homeowners are rushing to refinance. That can be smart if you can save money and have the new lender pay all the fees. Be careful about paying extra points or adding…
October 7, 2025
Carlyle Says Job Market Is MUCH Weaker Than Expected Now?
Carlyle’s proprietary data suggests the jobs market is weaker than most economists expected. The BLS jobs report is on hold due to the shutdown, but that’s not a big loss since their data has been revised so often it…
October 7, 2025
Who’s Really Driving Home Sales… It’s Not Hedge Funds
Investors are making up the largest share of homebuyers in five years, but the real story is that most are small-scale landlords with a few rentals. Hedge funds own far less than one percent of U.S. single-family…
October 6, 2025
Government Shutdown Could Delay Your Home Closing 🏡
A government shutdown can slow or even stall your home purchase. FHA, VA, and especially USDA loans face delays, and homes in flood zones can’t close if FEMA can’t issue new policies. Rates are volatile, so stay in…
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