Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
🚨 THEY LIED! The BLS has been caught overstating job numbers again—and the Census just revised another 740,000 jobs OUT of existence!
That means interest rates have been higher than they should be, costing YOU more on your mortgage, car loan, and credit cards.
The Fed didn’t cut rates in March because of these fake numbers. And every time these inflated reports came out, rates spiked.
This wasn’t a mistake—it was political.
Should the BLS be held accountable for misleading the public? Let me know in the comments!
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
#BLS #JobsReport #InterestRates #MortgageRates #HousingMarket #Economy
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🚨 Homebuilders are losing confidence! 🚨
The latest NAHB Home Builder Sentiment report shows that rising housing costs and tariff concerns are making builders nervous. Both current and future sales expectations have dropped below 50, meaning we’re back in contraction territory. 🏚️📉
Here’s what’s happening:
📉 Current sales expectations: 46 (previously 50)
📉 Future sales expectations: 46 (previously 59)
📉 Buyer traffic: 29 (previously 32)
Builders are slowing down at a time when we need more homes on the market to keep prices from rising even further. High mortgage rates have already squeezed affordability—this could make things worse.
The real question: Will policymakers or the Fed step in to address housing supply, or will we continue to see an affordability crisis?
What do you think? Will home prices keep climbing because of low inventory? Let me know in the comments! 👇
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
#HousingMarket #RealEstateNews #HomeBuilders #InterestRates #MortgageRates #ConstructionCosts #MarketUpdate #HomeBuying #HomeOwnership
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🔥 Inflation is heating up again! 🔥
The January CPI report shows consumer prices rising 0.5% last month, bringing the annual inflation rate to 3.0%. Core inflation (which strips out volatile food & energy prices) also increased 0.4% MoM and 3.3% YoY.
Here’s what you need to know:
📌 Shelter costs (which make up a huge part of inflation calculations) continued rising.
📌 Egg prices skyrocketed 15.2% in just one month due to supply chain issues and avian flu.
📌 The Fed is watching this closely—and this data makes it less likely we’ll see a rate cut in March.
What does this mean for mortgage rates? 🤔 Higher inflation generally keeps mortgage rates elevated because bond yields spike. However, the Trump administration has indicated they are taking steps to lower the 10-Year Treasury Yield, which directly impacts mortgage rates.
If you’re thinking about buying or refinancing, this is a critical moment to have a plan. Send me a message, and let’s discuss how to position yourself in today’s 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
#HomeBuying #CPI #InterestRates #Inflation #MortgageRates
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😱 High debt holding you back? Here’s how to eliminate credit cards & loans using your mortgage—and potentially own your home sooner! 💰🏡
✅ Lower your monthly payments
✅ Get rid of high-interest debt
✅ Use the savings to build wealth
DM me to see if this strategy works for you!
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
#DebtFree #HomeEquity #RefinanceSmart #MortgageTips #MoneyMoves #WealthBuilding
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🎥 January Jobs Report Update!
143K jobs added (weaker than expected)
4.0% unemployment rate
Wages up 4.1% YoY
Slower job growth could bring lower mortgage rates, but rising wages may keep inflation high. What’s next for the housing market? Let’s break it down! 🏠
📌 Follow me for housing and mortgage insights!
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
#JobsReport #MortgageTips #EconomyUpdate #RealEstateNews #HousingMarket #FinancialFreedom
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🏠 January 2025 ADP Report: What You Need to Know!
Private-sector job growth continued strong with 183K new positions last month:
➡️ Small businesses: +39K
➡️ Medium-sized businesses: +92K
➡️ Large businesses: +69K
💵 Wages are rising too:
Job Stayers: +4.7% YoY
Job Changers: +6.8% YoY
Want to know how this affects mortgage rates and homebuying? Let’s connect!
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
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🚨 Breaking: Job Openings Take a Hit! 🚨
The latest JOLTS report shows 7.6M job openings, down from 8.15M last month and missing the 8M forecast. This could signal a cooling labor market.
💡 What does it mean for mortgages and homebuyers? DM me to find out!
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
#JOLTSReport #EconomyUpdate #HousingMarket #MortgageTips
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🏡 Home Sales Are Rising!
Closings on existing homes have increased for the third straight month, showing strong momentum in the housing market. The National Association of Realtors says it best: “Consumers clearly understand the long-term benefits of homeownership.”
📊 Highlights:
✅ Sales up 2.2% month-over-month and 9.3% year-over-year
✅ Median home price steady at $404K (+6% YoY)
✅ 31% of buyers are first-time homeowners
✅ Inventory remains tight at 3.3 months’ supply
With momentum building, now could be the right time to make your move. DM me to discuss what this means for YOU—whether you’re buying or selling!
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
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💡 What’s Your “Blended” Interest Rate?
You might feel locked in by your low mortgage rate, but if you’re carrying high-interest debt—like credit cards or car loans—your blended rate could be higher than you realize!
Here’s the good news: You may have options to:
✅ Consolidate your debt
✅ Lower your overall monthly payments
✅ Even buy a new home while reducing financial stress
Curious about your blended rate and how much you could save? DM me, and I’ll walk you through it with my blended rate calculator! 🏡💸
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
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If you’ve lost your home, your lender still expects you to make mortgage payments. Here’s how to handle it:
1️⃣ First, contact your lender. Ask about pausing payments or getting a forbearance plan.
2️⃣ If your lender doesn’t help:
For conventional loans, call the FHFA Disaster Hotline: 888-995-HOPE.
For FHA or VA loans, contact HUD: 800-569-4287.
Don’t let this disaster ruin your credit. If you have questions, message me—I’ll help you figure it out!
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
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My name is Russell McDonald and I'm a mortgage broker, real estate broker and inventor in the SF Bay Area. I've been working in these fields for more than 30 years. This has given me certain insights into finance, credit and technology and I want to share some of that information with you here. I have two mortgage companies and a software company that provides very niche solutions inside the mortgage space. Basically if we ever need a specific tool first we try to just find it in the open marketplace. It's a lot easier to buy a program than create one. If we cannot find what we want then we go about creating it. Sometimes these tools are only used in-house at my other companies and sometimes we make them available to the public.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital, Inc. | NMLS 18766
TRADMOR.COM, Inc. | NMLS 1637088