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.
June 12, 2025
Will Trump’s Deportations Spike Housing Costs? #shorts #trump #deportation
Deportations might hit construction hard – fewer workers = fewer homes = higher prices. If you're thinking of buying, get ahead of it.
June 12, 2025
Jobless Claims Surge – But BLS Still Says We’re Adding Jobs?! #shorts #employment #unemployment
Initial jobless claims just surged to 248K, and continuing claims hit 1.97M – but somehow we’re still “adding” over 200K jobs a month? These fake-strong reports drive up rates and cost you real money.
June 11, 2025
Inflation Rises Again: Will the Fed Delay Rate Cuts? #shorts #inflation #mortgagetips
Inflation just rose a bit in May – CPI +0.1%, now at 2.4% – and core prices held steady at 2.8%. Tariffs may be starting to push prices up. Markets like it for now, but any change could shake rates. Want to know what…
June 10, 2025
Don’t Ask for a Price Cut – Do This Instead! #shorts #mortgagetips #homebuyer
First-time buyers – don’t just ask for a price cut. Ask for a seller credit to cover closing costs or buy down the rate. You could save $200/month – that’s $70K in interest over 30 years.
June 10, 2025
World Bank Slashes Growth Outlook – Here’s What It Means #shorts #WorldBank #Economy
The World Bank just cut its 2025 growth forecast to 2.3% – lowest in decades. Trade wars are hurting the global economy, but there’s still opportunity if you know where to look. DM me to stay ahead.
June 9, 2025
Tariff Rollback Drops Inflation Fears 👀 #shorts #Inflation #Trump
Trump eased up on tariffs – and now inflation fears are falling. The New York Fed just confirmed it. But if tariffs come back, rates could spike. CPI data this week will tell us everything.
June 8, 2025
HELOC Withdrawals Just Hit 2008 Levels 😳 #shorts #HELOC #GFC
HELOC withdrawals just hit a post-2008 high… and banks are already starting to reduce limits. If you're planning to use your home equity in an emergency, draw now – and move the cash to a different bank. I’ve seen…
June 6, 2025
May Jobs Report Is a Lie – Again #shorts #jobs #unemployment
Another jobs report, another overstatement. The BLS says we added 139K jobs in May – but revisions keep shaving hundreds of thousands off. These fake-strong reports push rates higher and delay Fed cuts. It’s costing…
June 5, 2025
Scam Job Texts Are Stealing Identities 😳 #shorts #scam #JobScams
Scam job texts are everywhere – and they’re stealing identities, not hiring anyone. If your credit gets wrecked by one of these, good luck getting a mortgage or refi. Don’t respond. Don’t click. Stay protected.
June 5, 2025
The CPI Report Is Fake – WSJ Just Proved It #shorts #powell #CPI
The CPI data you see on the news is wrong – and it’s costing you money. The BLS is using outdated rent numbers that make inflation look worse than it is. Even Powell admits it’s overstated. That’s why rates keep…
June 4, 2025
Trump Slams Powell Over Jobs Report 😳 #shorts #trump #powell
U.S. job growth hits a two-year low, and President Trump is turning up the heat on Fed Chair Powell to slash interest rates. Powell stands firm, citing inflation concerns and the Fed's independence. What does this…
June 4, 2025
Only 37K Jobs Added – Recession Warning? #shorts #jobs #employment
Only 37,000 jobs were added in May – the weakest growth in over two years. If you’re thinking about refinancing or buying a home, now’s the time. The job market is cooling fast – and lenders are watching.
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