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 27, 2024
Imagine If Your Mortgage Had an Extended Warranty! 😂 #shorts
We've all had those calls about "extended warranties" on our cars… but what if there was one for your mortgage rate? Imagine locking in your low rate, no questions asked! While that’s just wishful thinking, I can…
October 26, 2024
Did the Federal Reserve’s Rate Cut FAIL to Lower Mortgage Rates? #shorts
Wondering why mortgage rates didn’t drop after the Fed cut rates? It’s not what you think! In this video, I break down why short-term Fed cuts don’t always mean lower mortgage rates. Want to know more? I’ve been in…
October 25, 2024
Most Renters Think They’re STUCK Renting Forever? #shorts
Owning a home feels like an impossible dream for 62% of renters, but it doesn't have to be. In this video, I’ll break down the biggest challenges renters face today and why, despite high prices and mortgage rates,…
October 24, 2024
Why Are Rates Going UP After Fed Cuts? President Biden has the Real Answer! #shorts #biden
Why did rates go up after the Fed started cutting? Yeah… we're all wondering. Watch Biden explain it perfectly!
October 24, 2024
What Fed Rate Cuts REALLY Do to Mortgage Rates in 2024? #shorts #interestrates
Ever wondered why mortgage rates rise after the Fed cuts rates? It’s all about the bond market! In this video, I explain how short-term Fed rate cuts impact long-term mortgage rates and why we’re seeing rates climb…
October 23, 2024
The Truth About the ‘Perfect’ Credit Score Myth! #shorts #credit
Chasing the perfect 850 credit score? Spoiler alert: It's not the golden ticket you think it is! In this video, I’ll break down why you don’t need to stress over maxing out your score. Let’s focus on what really…
October 22, 2024
Why Mortgage Rates Went UP After the Fed’s Rate Cut? Here’s Why! #shorts #interestrates
Ever wonder why mortgage rates didn’t drop after the Fed’s rate cut? It’s all tied to inflation, job reports, and the bond market – factors the Fed doesn’t directly control. Watch to learn how the recent strong (but…
October 21, 2024
Why Nobody Wants a Mortgage Right Now #shorts
Mortgage rates are climbing again, hitting 6.68% this past week! It’s the highest we’ve seen in months, and mortgage demand is plummeting. What’s driving this? Could the strong jobs report be to blame?
October 20, 2024
MORTGAGE DEMAND PLUMMETING – What’s Causing Rate Hikes? #shorts #interestrates
Mortgage rates are climbing again, hitting 6.68% this past week! It’s the highest we’ve seen in months, and mortgage demand is plummeting. What’s driving this? Could the strong jobs report be to blame?
October 19, 2024
IS Buying a House Right Now IMPOSSIBLE? #shorts #homebuyers
Here is an updated side by side to show the price difference of what homeownership costs for a similar home over the past 4 years. CRAZY! disclosures for sample provided: current price and rate assumptions are for a…
October 18, 2024
FIRST TIME HOME BUYER? Get Ahead with These Mortgage Secrets! #shorts
Buying your first home? These mortgage secrets will save you time and money! Learn about low down payments, hidden fees, and the power of pre-approval!
October 17, 2024
Cash Out Refinance Explained #shorts #cashout #mortgage
Ever thought of turning your home equity into cash? A cash-out refinance might be your answer! But it’s not free money, and it could change your mortgage terms.
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