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.
April 22, 2025
DC Slowdown Could Hit Your Wallet Next #shorts #WashingtonDC #economy
The DC-area economy is cooling – and that’s not just a local story. Layoffs, slowing wages, and a softer housing market could ripple nationwide.
April 21, 2025
Trump: Fire Powell. Markets Crash. What Now? #shorts #trump #powell
Trump just slammed Fed Chair Jerome Powell, saying his “termination can’t come fast enough.” Markets are sliding. The dollar is crashing. And mortgage rates are caught in the middle.
April 20, 2025
Will Tariffs Trigger Stagflation? #shorts #tariffs #stagflation
Stagflation? It’s back. Tariffs could drive prices up and growth down – and the Fed may be stuck.
April 18, 2025
Judge Pauses CFPB Layoffs – What Happens Now? #shorts #CFPB #Layoffs
This morning’s headlines said the CFPB laid off 90% of its staff. Now? A judge has paused that move.
April 18, 2025
90% of the CFPB Is Gone – What That Means for Mortgage Rates #shorts #CFPB #Mortgage
The CFPB just laid off nearly 90% of its staff. That could reduce compliance costs for mortgage lenders – and maybe even lower rates.
April 17, 2025
Trump Says Powell Should Be Fired – Here’s Why It Matters #shorts #trump #powell
Trump says Powell’s “termination can’t come fast enough.” Mortgage rates are bouncing.
April 16, 2025
Powell’s Dilemma: Tariffs, Inflation… and YOUR Mortgage #shorts #powell #mortgage
Powell says Trump’s tariffs might force the Fed to choose: Fight inflation or support growth.
April 16, 2025
Retail Sales Are Up… But It’s All Panic Buying 👀 #shorts #economy #tariffs
Retail sales just spiked – but it’s mostly early buying ahead of tariffs. That kind of distorted data can keep mortgage rates higher than they should be.
April 16, 2025
California vs. Trump Tariffs: What It Means for Your Mortgage #shorts #trump #tariffs
California is suing to block Trump’s new tariffs – and that lawsuit could impact your mortgage. Tariff fears drive inflation concerns, which push mortgage rates higher.
April 15, 2025
You Handle Life – I’ll ‘Supervise’ the Mortgage Chaos #shorts #mortgage #chaos
Feeling overwhelmed by the mortgage process? This CapCut meme says it all. You don’t need to figure it all out alone.
April 15, 2025
Refinanced from 8.5% to 7.125% – No Points. No Fees. No Catch. #shorts #mortgage #refinance
A California homeowner just refinanced from 8.5% down to 7.125% (Rate and APR) on a $805,000 loan – no points, no fees, and no increase in balance.
April 14, 2025
Is China Driving U.S. Mortgage Rates Higher? #shorts #mortgage #china
Mortgage rates jumped last week – and it’s not just about the Fed. China and other major countries have been selling U.S. mortgage-backed securities, creating pressure in the housing market.
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