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.
March 3, 2025
🚨 U.S. Economy SHRINKING? Atlanta Fed Slashes GDP to -2.8%!
GDPNow for Q1 2025 just dropped to -2.8%, signaling a weakening economy. A slowing economy could push the Fed to cut rates sooner than expected!
March 3, 2025
🚨 BOI Filing CANCELLED for U.S. Businesses! No More Fines! #shorts #boi
BOI Reporting Just Got CANCELLED for U.S. Businesses! March 2, 2025 Update: The Treasury Department announced that they will NOT enforce any penalties or fines for U.S. businesses under the Corporate Transparency Act.
March 2, 2025
Can You Afford a Home in California? Find Out! 👀
How much do you need to earn to qualify for a home in California? We broke down monthly payments in the last video – now, let’s talk income. Find out what it takes to afford homes at different price points with 20% down!
March 1, 2025
BOI Reporting Explained – Who Needs to File & How to Do It FREE! #shorts #entrepreneur #boi
BOI Filing Deadline Is Coming – And Scammers Are Everywhere! Business owners, don’t fall for it! The BOI filing deadline is March 21, and some companies are trying to charge hundreds or even thousands to “help” file…
February 28, 2025
🏠 Waiting to Buy? That Might Cost You MORE! #shorts #homebuyer
Buying a Home Feels Hard? Here’s the Truth! Yes, the market is tough. Prices keep rising. Mortgage rates move daily. But waiting? That only makes it harder.
February 27, 2025
📉 Pending Home Sales Just Hit a RECORD LOW! Here’s Why #shorts
Pending Home Sales Just Dropped to a RECORD LOW! What’s Next? Signed contracts fell 4.6% in January, marking the lowest level since tracking began in 2001.
February 27, 2025
California Home Prices: Can You Afford This? 🤔
Thinking about buying a home in California? Here’s what your monthly mortgage payment looks like for different price points! Whether you're planning to buy soon or just exploring options, understanding your budget is…
February 26, 2025
Is a Recession Coming? The Fed’s #1 Warning Sign is BACK! #shorts #recession
The Fed’s Favorite Recession Warning Just Flashed! The 10-year Treasury yield just dropped below the 3-month yield, signaling a potential economic slowdown. This "inverted yield curve" has historically been a strong…
February 25, 2025
Housing Market ALERT: Is the Seller’s Market Back? #shorts #housing
Is the Seller’s Market BACK for Housing? Home prices are climbing, with the FHFA House Price Index up 4.7% year-over-year and Case-Shiller showing a 3.9% annual gain. But does that mean sellers have all the power…
February 24, 2025
Trapped in Your Own Home? The Hidden Cost of Homeownership! 🏡
Trapped in your own home? Mortgage payments are just the beginning. Homeowners insurance, property taxes, and repairs are skyrocketing – some people are selling everything and moving into an RV just to escape. If you…
February 24, 2025
How Much Income Do You Need to Buy a $1M Home? #shorts #homebuyer
Buying in a high-cost area? Here’s what income you need to qualify for a home up to $1.25M with just 5% down in California! Remember, high-balance conforming loans cost more – and they aren’t available in every county.
February 23, 2025
Waiting for Rates to Drop? Big Mistake! 😬🏡 #shorts #homebuyer #DwightShcrute
First, there’s sadness… then anger… and self-blaming, nausea, tears, sleepless nights! That’s the exact cycle of emotions homebuyers go through when they wait for rates to drop – only to see home prices skyrocket…
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