Russell McDonald ᵍᵐ 🎯

🚨 BLS reports 165K new jobs, nearly triple forecasts. But U-6 unemployment ROSE from 7.6% to 7.9% while headline unemployment fell to 4.1%. ADP: +86K Revelio: +26K Strong headline. Conflicting signals. Big implications for mortgage rates. 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

🚨 ¡100,000 empleos más de lo esperado! 🇺🇸 Estados Unidos creó 165,000 empleos en octubre, frente a 65,000 previstos. El desempleo bajó al 4.1%. 🏡 Una economía fuerte puede complicar las expectativas de tasas hipotecarias más bajas. 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 #Empleo #Hipotecas

$379 to replace the screen on my phone at the apple store... I use it every day for content and there's a cloud showing on screen so what the hell... gotta do it...

🚨 October Jobs Report: 📈 165K jobs added 📉 Unemployment falls to 4.1% 📊 Aug/Sep revised UP 84K 💰 Hourly earnings +3.1% YoY Good news for workers. Not necessarily for mortgage rates. A resilient economy gives the Fed less reason to cut. 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 #MortgageRates

🚨 ¡Su propio dinero podría complicarle la compra de una casa! 💵 Los depósitos grandes en efectivo pueden requerir documentación sobre su origen. 🏡 Tener dinero en el banco no siempre significa que pueda utilizarlo para el pago inicial. ¡Consulte antes de depositarlo!   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   #Hipotecas #California

🚨 NO HIRING. NO FIRING. Jobless claims fell to 189,000, matching a 57-year low. But employers have added only 68,000 jobs/month on average this year. Tomorrow's jobs report could move mortgage rates. Is the labor market strong or simply stuck? 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

🚨 California aprobó la Proposición 37: $25 mil millones para ayudar a comprar viviendas nuevas. Pero el financiamiento de hasta el 17% NO es dinero gratis. Es una segunda hipoteca. Faltan detalles sobre intereses, costos y requisitos. 🏠 Menos pago inicial no siempre significa una casa más económica.   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

🚨 California approved $25 BILLION in homebuyer assistance under Prop 37. But the 17% assistance is a LOAN, not a grant. Still unknown: interest rates, first-mortgage restrictions, closing costs and refinancing rules. 3% down doesn't automatically mean affordable. 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

Buyers waiting for 2021 mortgage rates AND 2008 home prices... 😂 At this point, a time machine might be easier to find. 🏡 Are you waiting for rates to fall, prices to crash, or both? 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 #MortgageRates

🚨 WILD WEEK AHEAD FOR MORTGAGE RATES! 📊 Tue: JOLTS
📊 Wed: ADP
📊 Thu: Jobless Claims
💥 Fri: JOBS REPORT   Plus midterms and geopolitical uncertainty!   Weak hiring could push rates LOWER. Strong hiring could push them HIGHER.   The Fed doesn't have to move for mortgage rates to move!   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

🚨 GDP grew 3.4% last quarter. Yet 62% of Americans surveyed have a negative view of the economy. AI investment is booming. Wealthy households are spending. Meanwhile, groceries, insurance, and housing are squeezing families. GDP doesn't pay your mortgage! Are YOU better off? 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

💳 Su tarjeta le devuelve $50 en cashback… 🔥 ¡Pero le cobra $500 en intereses! ¿Quién gana realmente? 🏠 Si tiene una casa con valor acumulado, consolidar deudas podría reducir sus pagos mensuales. ⚠️ Compare costos y riesgos antes de usar su vivienda como garantía.   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   #Deudas #Hipotecas

The economy grew 3.4%. Inflation: 3.6%. Fed: No rate cut. New home sales: DOWN 5.3% YoY. Home prices: STILL rising. A booming economy doesn't mean a booming housing market. But weak sales CAN mean negotiating opportunities for buyers. 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 #MortgageRates

🚨 INFLATION IS HEATING UP! PCE inflation: 3.6% Core PCE: 3.1% Real disposable income: -0.3% Americans spent more in September but bought virtually nothing extra after inflation. The Fed held rates yesterday. Today's report makes cuts harder to justify. 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 #Inflation #MortgageRates

🚨 ¡LA INFLACIÓN VOLVIÓ A SUBIR! 📈 PCE: 3.6% anual.
🏦 Meta de la Fed: 2%.
🏠 ¿Y las hipotecas?   La inflación elevada puede presionar los bonos y encarecer las hipotecas.   ¡No cuente con tasas más bajas mañana!   📩 ¿Está en California y quiere orientación? Mándeme un mensaje.   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   #Inflación #Hipotecas

🚨 GDP grew 3.4%. Consumer spending rose 3.8%. Business investment surged 12.7%. But residential investment FELL 3.3%! The economy is booming while housing struggles with affordability and elevated mortgage rates. A booming economy ≠ a booming housing 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 #HousingMarket #GDP

🚨 INFLATION IS STILL TOO HIGH! September PCE: • Headline: 3.6% YoY • Core: 3.1% YoY • Monthly: +0.5% / +0.3% Both matched expectations. But EXPECTED doesn't mean GOOD. The Fed wants 2%, and persistent inflation complicates the outlook for mortgage rates. 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

Southern California home sales are now WORSE than during the Great Recession. 📉 33% below their historical average.
📉 3% below the worst recession period.
🏠 Median price still around $815K. Sales have crashed. Prices haven't. California has an AFFORDABILITY crisis, not a 2008-style housing crash.   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

🚨 ¡LA FED NO SUBIÓ LAS TASAS! 🏦 Mantuvo su tasa en 3.75%–4.00%.
📈 DOS funcionarios querían aumentarla.
🏠 ¿Y las hipotecas? ¡Una pausa de la Fed NO garantiza tasas hipotecarias más bajas! Los bonos y la inflación también importan.   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   #Hipotecas #ReservaFederal