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 11, 2025
July CPI Report | Can We Trust the BLS Numbers? #shorts #BLS #Inflation
Tomorrow’s CPI could move rates. It comes from the same BLS that erased 250K jobs and uses “fantasy rent” to measure inflation.
August 8, 2025
U.S. Economy Slowing Sharply After Jobs Report | Mortgage Rates Impact #shorts #jobs #economy
The July jobs report was bad – but the revisions were worse. Over 250,000 jobs were erased, confirming what CNBC now says:
August 5, 2025
Drowning in Debt? California Homeowners Could Use Equity to Escape #shorts #debtfree
Credit card debt just hit $1.21 trillion Student loan delinquencies are rising fast
August 5, 2025
Is the US Economy Hitting a Wall? #shorts #economy #jobs
The U.S. services sector nearly stalled in July. Bond yields are falling.
August 4, 2025
Trump Fires BLS Chief After 250K Job Revision | Fed Next? #shorts #fired #trump
Trump just fired the head of the BLS after 250,000 jobs were wiped from recent reports. He says the data was rigged to help Biden – and the Fed used those numbers to keep rates high.
August 1, 2025
Only 73K Jobs?! The Fed Got Played Again #shorts #jobs #powell
The July jobs report came in WAY weaker than expected – only 73,000 jobs and two months of downward revisions. The unemployment rate rose to 4.2%, and the “real” rate is now 8.1%. This misleading data is keeping…
July 31, 2025
Mexico Gets 90-Day Reprieve After “No Extensions” #shorts #Trump #Mexico
Trump said no extensions to the tariff deadline… so naturally, Mexico just got a 90-day extension. This matters for mortgage rates, housing costs, and inflation.
July 31, 2025
Fed’s Favorite Inflation Gauge Just Spiked #shorts #Inflation #PCE
June's inflation report came in hotter than expected, with Core PCE rising 2.6 percent year over year. This is the Fed’s preferred inflation measure, and it shows they were right not to cut rates at this week’s…
July 30, 2025
Fed Split for the First Time in 30 Years 😳 #shorts #Fed #Powell
The Fed just held interest rates steady, but something big happened behind the scenes: two members voted against Chair Powell’s decision. That hasn’t happened in over 30 years. This internal split could be the first…
July 30, 2025
GDP SURGES… but here’s what they’re not telling you 👀 #shorts #GDP #Economy
The economy just posted 3% GDP growth… but is it real strength or just trade noise? Find out how this number affects mortgage rates and your next move. Subscribe to MASTER your mortgage.
July 29, 2025
Job Market Cracks: Is a Fed Rate Cut Next? #shorts #jobs #employment
Job openings dropped to 7.44 million in June – the second-lowest since 2021. The labor market is cooling, and that could push the Fed toward a rate cut this fall.
July 29, 2025
Home Prices UP – Don’t Believe the Headlines! #shorts #mortgagetips #houseprices
Headlines say home prices fell in May, but the raw data tells a different story. Both Case-Shiller and FHFA show prices are up 0.4% month over month and still at record highs year over year. Don’t fall for the spin -…
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