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.
August 28, 2025
Is AI Making The Economy Boom?
GDP revised to 3.3% in Q2. Stronger on paper, but year-to-date growth is only 1.4%. Polymarket odds of a September Fed cut slipped from 90% to 81%. Mortgage rates remain stuck above 6.5%.
August 28, 2025
Why Refinancing a 3% Mortgage Can Actually Be Smart #shorts #refi #cashout
Think your 3% mortgage means you should never refinance? Wrong. If your blended debt cost is above 6% thanks to credit cards and loans, refinancing could save you thousands.
August 26, 2025
The Fed Just Turned Into The Office #shorts #trump #TheOffice
Trump vs. Lisa Cook = The Office, Fed Edition. Mortgage fraud. Two “primary residences” in two weeks. Even the Fed looks like reality TV now.
August 26, 2025
Your Perfect Credit Score Won’t Save You #shorts #creditscore #FICO
Even prime borrowers are slipping – a warning sign for the economy. Spike your credit card balances and banks can cut your limits before you even miss a payment. One cut leads to others, utilization jumps, and your…
August 26, 2025
Trump Fires Fed Governor Lisa Cook | Mortgage Fraud Drama #shorts #MortgageFraud #LisaCook
Trump just fired Fed Governor Lisa Cook. She’s suing him. The allegation? Mortgage fraud – two “primary residences” in two weeks. Mortgage fraud can carry 30 years in prison. Longer than most mortgages.
August 25, 2025
Fed Finally Blinks | Rate Cuts Coming in September? #shorts #powell #federalreserve
Powell at Jackson Hole just changed the game. Markets now expect a September cut. Mortgage rates dipped to their lowest of 2025 and some Fed voices are calling for a full 1% in cuts before year-end. These cuts should…
August 25, 2025
No-Hire, No-Fire Job Market: Workers Stuck in Place #shorts #jobs #jobnews
The “no-hire, no-fire” job market is here. Average job searches now take 24 weeks, layoffs are rare, and workers are stuck in the Great Stay. Some are so fed up they’re quitting with no backup plan.
August 23, 2025
Realtor Fees Go UP After $418M Settlement?! #shorts #HomeBuying #classaction
A $418 million Realtor fee settlement was supposed to change everything. Instead, average fees went up. Real estate isn’t travel booking. The best brokers know their value, and buyers still pay for it. Remember -…
August 22, 2025
Powell Shocks Markets: September Rate Cut Odds Now 90% #shorts #powell #jacksonhole
Powell signaled a September cut today and odds jumped to 90 percent. That is a big shift from the doom everyone expected. But the Fed soap opera is still alive. Governor Cook is accused of mortgage fraud and Trump…
August 21, 2025
Fed Split: September Rate Cut Odds Drop to 73% #shorts #fed #powell
Fed minutes reveal a split. September cut odds: 73%
August 20, 2025
Foreclosures Are Rising… Should You Worry? #shorts #foreclosures #homeownership
Scary foreclosure headlines are everywhere. But the real story?
August 19, 2025
Home Prices Finally Falling? #shorts #redfin #homeprices
Redfin just dropped new numbers: Home prices slipped 0.1% in July
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