Podcast appearances and mentions of Fannie Mae

Mortgage rates slipped below a key psychological threshold after President Trump ordered $200 billion in mortgage-backed securities purchases through Fannie Mae and Freddie Mac. In this episode of Real Estate News for Investors, Kathy Fettke breaks down what the announcement means for mortgage rates, housing demand, and real estate-related stocks. We cover how markets reacted, why rates falling into the 5% range matters for buyers and investors, and what analysts say could happen next if mortgage bond purchases move forward as planned. If you're tracking affordability, transaction volume, or housing momentum heading into 2026, this is a development you'll want to understand. Want to learn more? Visit www.NewsforInvestors.com  JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  SOURCE: https://www.barrons.com/articles/opendoor-rocket-trump-mortgage-bond-plan-home-builders-bcd6b456?gaa_at=eafs&gaa_n=AWEtsqfBhoAAN7AfkaRyohPy6nDeTqp9Z0MBR-TjpySKnFAtD9LJyObnXlxwB-cSyTw%3D&gaa_ts=696148c5&gaa_sig=y7XD1dM_VslqoFUu58pjPGO_jUy2kL61XCW1cwKuRQLd00VF6zZa7ZoNrdP0F7k_Ga59lMf9xdIF1wtTyp6YIw%3D%3D 

We kick off Season 6 with a deep look inside the institutions that power American homeownership. In Episode 213, The Mortgage Machine, we're joined by three insiders: Rick Coyle, who spent his career at Freddie Mac; Tony Lucente, formerly in Freddie Mac's credit division; and Jeff Farrell, who worked in Freddie Mac's affordable housing group. Together, they unpack how Fannie Mae and Freddie Mac helped make homeownership more accessible in the U.S. than anywhere else, the role they play in stabilizing mortgage markets, and what they've learned about banks, borrowers, and risk. We also revisit the lessons of the financial crisis and tackle the ongoing debate around privatizing Fannie and Freddie—and what that could mean for the future of housing.

Keith explores why the real goal of building wealth isn't luxury—it's protecting yourself from the emotional and practical pain of money stress.  You'll hear how owning the right kinds of assets can change your lifestyle options over time, and why waiting on the sidelines can quietly erode your financial future. Keith also pulls back the curtain on a major, often overlooked force that has helped keep real estate values resilient for years, and what that means for anyone thinking about adding more property to their portfolio.  Finally, you'll get a sense of the kinds of opportunities and strategies listeners are using right now to move from just getting by to playing to win in their wealth building journey. Episode Page: GetRichEducation.com/587 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE I'm your host. Keith Weinhold, more important than building wealth is avoiding poverty. It's backed up by research. Learn about a force that constantly gives a boost to real estate values that you probably haven't considered before, and own assets or get left behind. I discuss a plan for doing it today on get rich education.   Speaker 1  0:29   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:14   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:30   Welcome to GRE from Dar es Salaam Tanzania to Darlington, South Carolina, and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education the voice of real estate investing since 2014 and it's a new year, part of the reason why you need to build durable wealth for yourself is actually not to be wealthy. It's really to avoid a lack of wealth. It's in order to pad yourself against poverty. Now, shortly, I want to talk to you more aspirationally if you are or soon plan to make 500k per year or more.    Keith Weinhold  2:15   But first, there are a number of studies that show that beyond a certain level, more wealth barely increases your happiness level. In fact, if you ask many people, they say that doubling their income or doubling their net worth is what they really want, like, that's their goal. Like, in their mind, that's the benchmark in which they've made it. And you know what, when they double their income, though, then they want to double it again. They think that that is the next benchmark. So there can be this endless amount of wanting, because once you've doubled, you just want to keep doubling. But what's really more important is padding against money problems, because if having a little more doesn't change your happiness much, well, it's poverty that can really diminish a level of happiness and fulfillment in your life. So money problems don't just hurt your wallet. They actually hurt your emotions. And this isn't just some motivational poster idea, the statistics are clear. Multiple studies show that when money is scarce, when paying the regular bills feels like a monthly street fight, people report more sadness, more worry and even depression, not just sometimes, but constantly. The reality is that about 71% of Americans say that money is a major source of stress. My gosh, more than seven out of 10. So that's not a fringe category. That's the norm that say money is a major source of stress. Another study found that 42% of adults say money negatively affects their mental health. So close to half of the people walking around you right now feel emotionally beat up by their financial situation, and the gap gets even wider when you compare groups, when people experience serious financial hardship, nearly half, 49% show signs of depression among people without any financial hardship, only about 11% of that group show signs of depression. And Northwestern Mutual did an extensive study on all this. So it's not just a small difference, it's a completely different emotional reality, almost like two separate worlds. To put it plainly. For you, money will not guarantee happiness, but a lack of money can absolutely fuel sadness, and this matters. Because financial confidence isn't just about dollars. It's about dignity. It's about feeling like you're able to breathe, and it's about believing that your future can be bigger than your past. I mean, the research also shows the relationship flows in both directions. Money stress can make mental health worse, and poor mental health can make financial decision making harder. So it's sort of this loop, this cycle. And what breaks the cycle? It's not luck. It's not hoping the economy magically fixes all of its problems. It is going on offense, taking steps that build security instead of surrender, for most people, that turning point comes when they start owning assets, not just paying bills. It comes when money stops being a source of fear and it starts being a tool. Because though we focus on real estate investing here at GRE but ultimately it is a lifestyle improvement show. And before we're done today, I'm going to talk about what you can actionably do to go on offense. Now, what if you already have a higher income, or you expect to make a high income in the near term, if you're earning roughly $500,000 per year or more, and you value time efficiency in making sure that you don't live a rough quality of life. You are on the threshold of a tier that helps ensure that you can avoid some misery. Yes, there is a step change here that can help ensure you have a higher standard of living. Do you know what I might be talking about? Any idea 500k of income is where it begins now. It's only beginning here. At this point, to make sense, where you tilt into starting to fly private instead of flying commercial. Yeah, private flights. Now your situation is going to depend on more than just the income. It's whether or not you're single or you have kids and more, but it's at this income level where you can start to cover a $10,000 flight without biting into your essential living expenses. It's most justifiable when your time savings or your productivity gains translate into real value. I'm talking about things like business deals, meetings and schedules and the benefits of flying privately are pretty significant. Time efficiency is the real superpower here, drive up to the plane, wheels up in minutes. The flexibility is there. You can leave pretty much when you want. You can change your flight plans mid trip if you need to. You get access to smaller airports. That means you can land closer to your final destination and skip big city traffic congestion. You've got privacy and security, no crowds, no TSA stuff. You've got quality of experience, comfort, quiet cabins, custom catering, no competing for overhead bin space. Now even affordable private is still pretty expensive. It is substantially more than first class commercial seats, and I have had limited experience flying private, but at 500k of income, flying private can still feel like a stretch, even though it's doable for you, a more comfortable range is a million dollars or more of annual income, that's when private flights feel much easier to justify for business or lifestyle. Now, with $2 million of annual income or more, most heavy private flyers live here in this range, the $2 million plus income level, they can charter, they can fractionally own, or they can use memberships, all with less stress. When you earn this much, and if you're ultra high net worth, we're talking about $5 million worth of income plus or $20 million worth of net worth plus, well, then private flying is really commonplace. This is where you often have a personal jet, concierge services and flexibility on demand. So as the first episode of the year here, I want to give you some opportunity to dream and goal set. Yeah, you need to stretch out and give space to your aspirations sometimes, and this is a good time to do that, really, though, a more important reason for increasing your income and net worth is that it helps you avoid the discomfort of poverty. But yeah, come on, if nothing else, can you believe that before every commercial flight you have to hear that nonsense about how to inflate a raft if you're. Plane crashes in the water, or you could use your seat as a personal flotation device. Come on your seat. Can't even support your back for a three hour flight. If there's ever been a reason to invest Well, it's so that you never have to hear that stuff again before every flight chase    Keith Weinhold  10:19   last week here on the show, you'll learn more about how stable real estate prices are, why prices have never crashed in your entire life, and also why they can't double in one year. Real Estate is too slow moving 30 days between you making your offer and you closing the deal, that's actually considered pretty fast. In fact, if national home prices ever crash, I will legally change my first name to Fabrice, yes, Fabrice, I would also do that if they doubled in a year. It is almost impossible for either of those things to happen. You learned about how these things have not happened in your entire lifetime on last week's show, yes, even in 2008 in the last 85 years, nominal home prices have risen every single year, except seven of them now. Why is that? Why are the prices of US housing so resilient and just keep going up up up, almost inexorably? Well, it's actually more than just the main well documented reasons that you know about and that we've talked about here. It's about more than these attributes, like population growth, household formation, wage growth, inflation, eroding the currency and land scarcity in desirable areas beyond all of those, one reason that home values just keep going up, up up and are expected to rise again this year is something that We have not discussed yet, and that is government intervention? Yes, in the US and a lot of world places, housing is not a free market. We have a free ish market that sort of comes with training wheels and support animals. Think about how the government helps ensure that home prices stay propped up even through most recessions. We're talking about attributes like ever expanding loan access and mortgage interest deductibility. Then there's depreciation in write offs for investors like us and property tax structures that lag market value when loans have lower down payment requirements or a lowering of credit score requirements and ever expanding loan limits in terms of dollar amounts, well, that increases the demand for those that have the capacity to pay, and it nudges up prices even more incentives, like deducting your mortgage interest in tax depreciation when you don't even have a real expense, but yet you get to write it off anyway. It all heaps on the government driven demand for real estate Now none of these individual things, these government interventions, raise prices overnight, they increase demand structurally. There's evidence that the government is doing even more in recent years to prop up housing demand than they have in the past. This is increasingly a propensity to not let housing fail like it did in 2008 I mean, just look at covid During 2020, and 2021, what a glaring example of how government will prop up home values and not let them fall down if you lost your job during covid. Oh, we'll give you mortgage loan forbearance. That's where you could skip. Oh, just say nine monthly payments, and then you can just tack those nine payments onto the end of your 30 year loan and make those payments decades from now. There was a foreclosure moratorium in effect then too, so you've got forbearance and low rates and stimulus checks and a ban on foreclosures. Well, all of that helped borrowers make payments, and that supported home price growth. There was no fire sailing, really, that could have taken place then, and you will recall that during that time period, in fact, the year 2021 national home prices soared 19% so housing is not a completely free market. You really don't have to look very far to know that. I mean, Fannie Mae and Freddie Mac are both still government sponsored and still in conservatorship. And here's the thing, so far, I've only talked about how government has propped up the demand side. Side of the market. I've only talked about half of it. Don't forget the sometimes unintentional supply restriction the governments induce as well keeping housing supply in check. Well, that helps drive price appreciation. I'm talking about the zoning spaghetti that new homebuilders have to navigate through the permit purgatory, minimum lot sizes that can seem larger than some European countries, environmental reviews that last longer than the movie Avengers. Endgame was that a three hour, two minute movie, all of these roadblocks limit new housing supply that makes it harder to build. So governments provide an ever present tailwind to housing values by both boosting demand and by crimping supply. Government amplifies these forces, sometimes intentionally and sometimes unintentionally, but the result is the same propping up housing values. If all these years since coming out of the Great Recession have shown us anything, and the 2020 pandemic reinforced it, it is to either own assets or get left behind. You've got to own assets or you will be left behind, and that's whether you're trying to stay away from poverty, like I talked about at the top of the show, or whether you're aiming to fly private instead of commercial, something more aspirational, really. That's the lesson I've got more straight ahead here. There will only ever be one get rich education podcast episode 587 and you're listening to it.    Keith Weinhold  16:43   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why? Fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep, text their freedom coach directly again. 1-937-795-8989,   Keith Weinhold  17:54   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Dana Dunford  18:27   this is hemlane's co founder, Dana Dunford. Listen to get rich education with Keith Weinhold, and don't quit your Daydream. You Keith,   Keith Weinhold  18:45   welcome back to get rich Education. I'm your host. Keith Weinhold, we're talking about new angles with respect to how the future belongs to asset owners. Every year, people say, This is my year, but only a few actually take the action to back that up and make it come true. One thing that I've learned is that people love saying, I want an opportunity, but what they really want is certainty. Unfortunately, certainty only shows up after opportunity is gone. History is full of people who walked past moments like this now owning more of an asset like real estate today, and instead they just look and say, Oh, it's probably nothing. Well, what about alternatives? What's your employer's plan for you? I mean, really, what's a typical employer's plan for employees spend 40 years here at this desk, and I guarantee that you'll become moderately comfortable with a nice 401K balance that you can start withdrawing from by the time you're age 65 at which time you'll start paying taxes on it too. So really, that's it. That's their plan for you. Yes, that's their plan for you. Though, as you know, I do not forecast mortgage rates. No one, not one analyst or rating agency, expects mortgage rates to fall substantially any time soon as we look at the real estate landscape, in fact, among 21 different major research groups, which include PNC Bank, Redfin, Moody's, wells, Fargo, the NAR totality, if you average what their forecasts are, one year from now, mortgage rates are expected to be at the same level that they are today, which is about 6.2% if you want to add more assets, prices are probably only going to be higher one year from now. The Fed is involved in QE like behavior again, which resumed last month, that gives the effect of more money printing, and it provides an environment for a continued price run up across not just real estate, but nearly every asset class. Current CPI inflation is 2.7% and long term inflation expectations are elevated. The Fed is cutting rates. The current Fed funds rate is about 3.6% and the President wants the Fed funds rate cut to 1% central banks are stockpiling gold, and the US dollar just had its worst year since 2017 so a lot is lining up to keep supporting housing values. Now, when we zoom out, starting back in 2012 us home prices have now risen 14 years in a row, and the average annual gain since that time is about 6% which is sustainable and close to historic norms. Year after year. Some people keep waiting for the right moment, and meanwhile, the right moment just keeps passing them by. And look, now here's a really interesting way for you to look at things from a long time investor like me, I have bought a wide variety of investment real estate over the years. I bought single family homes to both live in and single family homes to rent out vacant land, agricultural parcels, small apartment buildings and larger apartment buildings on every single one at the time when I purchased it, it was the most that anyone had ever paid for that property in that property's history, and if there were bids and I ended up getting the property, then I was the highest bidder as well. So on. Effectively, every single property purchase of my life, I paid more than anyone ever. And if someone had no understanding of the real estate market. They might think that that sounded bad, like I executed with a poor strategy or a lack of experience or direction, but that's just usually how it works in real estate, with the incessant postulation of almost unceasing appreciation and inflation, and years later, when it was time for me to sell the property, what were those conditions like? What happened then? You guessed it, I sold it for the most that it had ever sold for. So for that next buyer, that was the most then that anyone had ever paid for the property in history, yet again, and if it was a bidding situation, chances are I sold it to the highest bidder. So therefore, that has nothing to do with luck, that has nothing to do with timing, that is simply being an active participant in the real estate market and enjoying the leverage and all the other benefits all the while. So history shows that trying to time things based on market conditions or what you think market conditions are going to be, that does not work. What does work is owning more assets sooner. Every property that you purchase, expect to pay more for it than anyone ever has in that property's history. And then every property that you sell down the road, expect that you're going to sell it for more than what anyone has ever sold it for. Historically, that is normal. Now if your net worth is below $1 million or even below $5 million you really can't play the game not to lose. That's what keeps people stuck. You've got to play to win. The world already has your money. If you want access to it, you have simply got to go out. Out and get it. You play offense now, and you can play defense later, when your financial position is where you want it really and here's a huge insight, more money is lost trying to avoid a downturn than is lost actually being in the market when one finally happens, like I've discussed lately, real estate price downturns are uncommon. Sitting out and waiting is a wealth killer, because even if a downturn does happen, well, if you're already invested, you are positioned for the upturn. You're going to get the full measure of the upturn. That's where the real gains are, and this is where real estate is different. Leverage just keeps working for you. In the background, your 401, k does not do that. There's no leverage beyond maybe a two to one employer match, and then you get taxed when you finally touch the money. Some people like to gamble a little play a prediction market like poly market. Have something in Bitcoin, maybe even have exposure to a risky altcoin. I guess the NFL playoffs start this coming weekend. Some people want to bet on that and have their fun. Maybe even be invested in a high flying tech stock, or even the sp500. These vehicles rarely build wealth when you're actually young enough to enjoy it, because you're probably unleveraged there, you're exposed. You've only got your dollars working for you, not others, and you sure can do some of that day to day stuff. Go on polymarket and bet on when man will first land on Mars or something. Have your fun while the real wealth is built by the quiet, slow moving leverage of your larger real estate portfolio. In the background. Real estate, you can put 20 to 25% down on a 200k income property and control the whole thing. That's what investors are doing with our GRE marketplace properties right now, often in a low cost market like, say, Kansas City or Memphis, say that, for example, you're looking to add four doors this year, four rental units. Now that might take the form of one duplex and two new build Florida single family rentals. Now, with about 250k you can control $1 million of property adding assets this year. And here at GRE our nationwide provider network connects you with the real deals, and our providers often tell us about them before the public knows, for example, the properties where the builder still in this environment buys your rate down to perhaps four and a half percent. That is still happening. And why do the properties that our GRE investment coaches connect you with seem like such good deals at times? Well, there's a few reasons for that. Investor advantage markets just intrinsically have low prices. There's no agent that you have to compensate. It's a direct model that keeps the price down. These providers provide homes in bulk that helps keep the price down. And since we're dealing with investment properties, income producing properties, there are not any of these owner occupied emotions, so you don't get unreasonable sellers that hold out for a high price because there's some sentimental attachment there, or something like that.    Keith Weinhold  28:38   Let me give you three examples of real properties that our GRE investment coaching helps connect you with right now, and this is the place to be entry level homes, because entry level homes are few long term you are going to own a scarce asset that everybody wants. The first one is a brand new build single family rental in Cullman, Alabama. That's right between Birmingham and Huntsville, booming Huntsville. Now this property is currently vacant. However, it's in an A class neighborhood, so good appreciation potential, but less cash flow on this one, the rent is $2,100 the purchase price is 317k Yes, just 317k for this five bed, three bath, 2500 square foot rental, single family home. That's new build. One advantage Alabama has, and why we often have available Alabama properties is that really low property tax in that state you're going to benefit from a low fixed expense ratio over the long term. Alabama, property taxes are well under 1% per year as a percentage of the property value. In fact, at less than 410 Tax of 1% Alabama has the lowest property taxes in the entire continental United States. Only Hawaii has a lower one, where you're going to find a national average of 1% or a little more than 1% the second property is also brand new construction. It is a duplex in Goddard, Kansas, which is outside Wichita, each side of the duplex has three beds, two baths and 1300 68 square feet combined. Rents both sides are $3,500 and the purchase price is 447k and it is leased. Both sides are rented out. You can contact our free investment coaching and scoop up this or one like it today, and I'm looking at pictures of this really good looking new build duplex in the Wichita area. Looks like a two car garage on both sides, really attractive. And again, on these new builds, oftentimes the homebuilder is still buying down your mortgage rate for you, often under 5% the last one I'll mention, and I'm just giving you three samples to help give you an idea here. And if you're listening to this in a few years, you'll probably wish you could purchase these at prices this low. This last one is not new builds. Unfortunately, I can't quickly find the year of construction, but it looks older. It is a Kansas City single family rental, fully renovated. The cash flow numbers are super attractive. $2,100 rent on a purchase price of just $227,500 and free property management for two years is offered here on this renovated Kansas single family rental. Our investment coaching can answer questions about it for you. When something's renovated, you definitely want to see what the scope of work is. And there are also larger properties available. If you're looking to trade up some of your properties with accumulated equity into something else, we can help build an entire portfolio for you, or you might currently be only invested in one market, where we can help you determine what second market might make sense for you based on your time horizon and your own goals. Hey, maybe you've got a private plane in a decade kind of goal, or maybe we'll help you find out that adding more property does not make sense for you at this time in your situation, even though the opportunities are pretty good right now, because compared to two years ago, the inventory to select from is wider today, And the mortgage rates are lower now too GRE investment coaches are your free trusted advisors. It's like having a silent partner on your deal, someone who gives you insight but doesn't take any equity. There's no compensation for you to provide at all. It's about your portfolio, your goals and your direction. And our coaches also help you with services related to managing your real estate assets long term, like your tax and CPA questions, legal questions, though, that's pretty limited, because we're not attorneys here. For example, what happens if you have an appraisal surprise and the appraisal comes in lower than the amount that you've contracted to buy a property for, we help you with something like that, any inventory issues or inspection issues and property management guidance that you might need. In fact, if you've engaged with our free investment coaching in the past, even a few years ago, and we helped you find a property and say, now you have some sort of property management issue. Let us know. Keep in touch with your GRE investment coach. You tell someone like Naresh here, and he will step in. And when you set up a time to chat, which you can do at greinvestmentcoach.com There's really nothing special that you need to do to prepare if you can bring a 20% down payment. Now the ball is already rolling, and in today's environment with closing costs, that's usually about a 50k minimum. It helps if you're pre approved for a mortgage loan with Ridge lending group, or whomever your lender of choice is. What's interesting is that these deals are good. These are real estate pays five ways, properties that our coaches help connect you with. So sometimes we are buying these properties ourselves here at GRE. We have in the past, but there is no way we can buy them all, not even close. That means that an opportunity remains for you. Yes, we are real estate investors ourselves here at GRE, right now, there are better properties available than ones that we've bought ourselves recently, and there is more overall selection too. You can easily see the coach's calendar, select a time and then have a phone call or a zoom chat, whatever you like. If. From there. Our coaches usually give you their phone number, so then later, you can even text them. Our coach, Naresh, he responded to someone on Thanksgiving. That's the level of dedication here. So here's the next step. Book a time at GREinvestmentcoach.com you can do that now. That's where the calendar lives. There's no back and forth. Just pick a time right there that works. It's Free. Select a 30 minute time slot, and lately they've been available seven days a week. And you're going to walk away with clarity on your goals, your timeline and what's realistic for you, if you're tired of watching from the sidelines, tired of trying not to lose, tired of waiting for perfect conditions, and conditions are never perfect, well, this is your moment to play to win. It's pretty easy to remember to connect with a GRE investment coach. Visit greinvestmentcoach.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  36:10   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  36:38   The preceding program was brought to you by your home for wealth building, get richeducation.com  

California ADU financing just changed in a big way, and if you are a homeowner or real estate investor, it is critical to understand how this actually works before making assumptions.Fannie Mae has updated its guidelines to allow up to three ADUs on a single family property in California. However, this does not automatically mean higher loan limits or easy low down payment financing.In this episode, I break down how these new ADU rules really work and what they mean in practice for homeowners, investors, and anyone planning an ADU project.In this episode, we coverHow Fannie Mae is treating California ADUsWhy properties with multiple ADUs are still considered single family for loan limit purposesWhat this means for conventional, FHA, and VA loansThe biggest issue most people will face with ADU properties, appraisalsWhy working with the right lender matters more than everThis is major news for California housing, ADU development, and long term affordability, but the real world details matter. Understanding the structure, zoning, loan limits, and appraisal risks can save you from costly mistakes.If you are planning an ADU in California, buying a property with ADUs, or refinancing one, this episode will help you understand how to approach it the right way.Want help structuring an ADU deal correctly?Reach out to my team. We work with ADU financing every day across California.

Sharon Karaffa is the President of Multifamily Debt and Structured Finance at Newmark. With over two decades of experience, she's built her career advising on agency lending, capital markets strategy, and multifamily finance. From starting in corporate finance at Fannie Mae to shaping lending strategies during volatile market cycles, Sharon brings a rare lens on long-term trends and real-time insights. She has led teams through critical transitions, including Fannie Mae's restatement period and the public launch of Newmark's multifamily platform, giving her a comprehensive view from both the borrower and lender perspective.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways How Sharon transitioned into multifamily lending during a corporate finance shake-up at Fannie Mae Why mentorship and sponsorship play a crucial role in long-term success The ongoing conservatorship of Fannie and Freddie—and what it means for agency lending How current interest rate volatility is reshaping investor and lender behavior The role of AI in the future of multifamily debt underwriting     Topics Covered Falling Into Multifamily by Taking a Chance Sharon shares how she unexpectedly landed in multifamily finance after being offered three career tracks at Fannie Mae—and choosing the one she knew the least about. Navigating the Conservatorship Era A look at how Fannie and Freddie's placement under conservatorship in 2008 changed the structure of agency lending, from Treasury sweeps to regulatory capital planning. How Volatility Affects Lending Decisions Sharon explains how rate volatility has impacted investor confidence and what lenders consider when advising clients during market uncertainty. Bridge Loans vs. Agency Debt Sharon breaks down where potential distress may appear in the market and why deals underwritten with aggressive bridge debt may be more vulnerable. Lender Advice: Don't Wait for the 'Perfect Rate' Insight on why now may still be the right time to execute a deal—and how waiting on the sidelines may mean missing key opportunities. Tech and AI in Multifamily Lending Sharon shares how Newmark is experimenting with a proprietary GPT tool for internal underwriting and predictive analytics—and where AI still needs work.    

The GoGaddis Real Estate Radio Show with Cleveland (Cleve) Gaddis | Listener Q&A / Real Questions Presented by Modern Traditional Realty Group www.moderntraditionsrealty.com As the 2025 holiday season hits full swing, the dinner table conversation in Metro Atlanta is dominated by three big questions: Can I find a home? Can I afford it? And is it time to stop renting?. In this 12-minute segment of The Go Gaddis Real Estate Radio Show, we move past the noise and look at the actual data. While many have been "waiting for a crash," the Housing Market in late 2025 is telling a different story—one of moderating growth and significant new opportunities for those ready to move. The "Bare Shelves" Myth: Learn why there have been more than one million homes on the market for six straight months—a milestone not seen since 2019. For Atlanta buyers, this means more options and less frantic competition. The Affordability Shift: We break down the latest trends showing that while buying isn't "easy," easing mortgage rates and moderating price growth are finally making monthly payments hundreds of dollars lower than earlier this year. The Rent Vs Buy Identity Question: Why the choice between renting and owning is often an "identity question" rather than a math problem. We discuss whether you are in a season of "optionality" (renting) or "readiness" (buying). Future Projections: Insight into why Fannie Mae experts project home prices will continue to rise at a normal pace through 2029, making "waiting for a drop" a risky financial strategy. If you've hit pause on your home search due to market fatigue, this episode provides the data-backed clarity you need. Whether you are a first-time buyer in Decatur or a seller in Buckhead, we help you align your housing choices with your life's current "identity season". The insights shared on the show reflect the same guidance provided daily by Modern Traditional Realty Group. If you'd like a no-pressure conversation about your home's value, equity position, or the right timing for your next move, visit ModernTraditionalRealtyGroup.com or to connect with Cleve and submit questions for future segments, visit GoGaddisRadio.com.

In this episode of the Old Capital Podcast, the team discusses key multifamily market trends that shaped 2025, including increased foreclosures, loan modifications, and tighter equity conditions. They explain why Class A properties and agency financing through Fannie Mae and Freddie Mac are dominating transactions, while Class B and C assets face growing challenges from leasing concessions and capital constraints. The conversation also emphasizes the importance of strong operators, proper capitalization, and preparing for longer 5–7 year hold periods. Plus, learn about the upcoming Old Capital Bus Tour in Dallas and how investors can get registered. To join the January 16th Old Capital Bus Tour: OldCapitalPodcast.com Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Kathy Fettke talks with Sharon Karaffa, President of Multifamily Debt & Structured Finance, about today's multifamily lending environment, including liquidity, interest rates, and financing options. They break down how commercial loans differ from residential mortgages, what lenders look for in cash flow and debt coverage, and how Fannie Mae, Freddie Mac, FHA, banks, and debt funds support multifamily financing. A clear, practical episode for investors moving from single-family rentals into multifamily — and anyone looking to understand today's lending landscape.

Fannie Mae has announced plans to close its San Francisco office and move operations to Birmingham, Alabama, sparking debate over politics, economics, and the future of San Francisco's downtown.

As forecasts for 2026 flood the market, clarity has never been harder or more important to find. In this episode, Crosby and Zina cut through the noise by synthesizing insights from nine of the most influential housing reports, including NAR, Fannie Mae, Freddie Mac, Zillow, Redfin, the MBA, and major financial media. They break down where the experts agree, where they sharply disagree, and why affordability, inventory lock-in, and buyer psychology will define the residential market heading into 2026. This is a data-driven, big-picture conversation designed to help title professionals understand what's actually shaping the next cycle, not just the headlines.   What you'll learn from this episode How affordability remains the core constraint, even if rates fall into the mid-6% range The "lock-in effect" and why tight inventory creates a permanent floor under prices What could redirect lender resources away from purchase transactions Why buyer fatigue and mortgage-rate sentiment matter A major factor in creating local market divergence   Resources mentioned in this episode National Association of REALTORS® Fannie Mae Freddie Mac Mortgage Bankers Association (MBA) Results from the Zillow Consumer Housing Trends Report 2025 Northeast Buyers Battle It Out While the Sun Belt Cools Off Zillow+1 Redfin — Migration data & regional inventory analysis The Wall Street Journal CNBC — Real estate & housing market news   Connect With UsLove what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected. Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil Stop waiting on underwriter emails or callbacks—TitleGPT.ai gives you instant, reliable answers to your title questions. Whether it's underwriting, compliance, or tricky closings, the information you need is just a click away. No more delays—work smarter, close faster. Try it now at www.TitleGPT.ai. Closing more deals starts with more appointments. At Alltech National Title, our inside sales team works behind the scenes to fill your pipeline, so you can focus on building relationships and closing business. No more cold calling—just real opportunities. Get started at AlltechNationalTitle.com. Extra hands without extra overhead—that's Safi Virtual. Our trained virtual assistants specialize in the title industry, handling admin work, client communication, and data entry so you can stay focused on closing deals. Scale smarter and work faster at SafiVirtual.com.

More big UAD 3.6 news just dropped. In this episode, Hal and Jim sit down with Joel Baker of a la mode | Cotality to break down what their official verification by Fannie Mae and Freddie Mac really means. Joel explains how UAD 3.6 will change the day-to-day experience inside appraisal software, what appraisers should be doing now to prepare, and the roadblocks developers had to overcome along the way.Join us for a UAD 3.6 Bootcamp in Orlando: https://appraiserelearning.com/product/uad-3-6-bootcamp-orlando-fl-march-4th-6th/Psst... vote for this year's Buzzy Award winners by December 31st: https://appraisalbuzz.wufoo.com/forms/2026-buzzy-award-finalists/At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. Subscribe and turn on notifications to catch our episode premieres every Wednesday! You can find the video version of this podcast at http://www.youtube.com/@TheAppraisalBuzzcast or head to https://appraisalbuzz.com for our breaking news and written articles.

Includes news updates on Fannie Mae, the West Alabama Corridor and a space-freezer contract. Then for a second segment today we have reporter Rebecca Griesbach back to talk about her time here covering education and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

The latest jobs, inflation, and housing data just dropped — and the predictions don't match. Realtor.com, Fannie Mae, and economists are all pointing in different directions, leaving buyers and sellers wondering what 2026 will really look like. In this episode, I break down the numbers, what they mean, and how to make a smart real estate decision in uncertain conditions. If you're planning a move in The Greater Philadelphia Area, want guidance, or need clarity — schedule a call using the link below.

In this REI Only episode of The FasterFreedom Show, Sam breaks down Fannie Mae's recent moves to try and ease the housing market and tackle affordability challenges. He explains the latest changes to credit score requirements and loan programs, how supply and demand are shaping the market, and why creating affordable housing is such a tough balancing act. Sam also shares what these developments mean for real estate investors and how understanding them can help you make smarter buying and financing decisions.Whether you're a first-time investor or managing multiple properties, this episode gives you the insights you need to navigate the shifting housing landscape.FasterFreedom Capital Connection: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://fasterfreedomcapital.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Free Rental Investment Training: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://freerentalwebinar.com⁠⁠⁠⁠⁠⁠⁠⁠⁠

What happens when the machinery of war is turned loose on the home front? In this episode of Built to Divide, host Dimitrius Lynch traces how the end of World War II, the GI Bill, and federal housing policy combined to build the largest middle-class expansion in U.S. history—while quietly deepening racial and economic division.Beginning with the surrender in Tokyo Bay and the massive demobilization of Operation Magic Carpet, Lynch follows millions of returning veterans back to a country racing to answer a simple question: Where will they all live? The answer reshaped the nation. FHA and VA loans, the rise of Fannie Mae, and the secondary mortgage market drove homeownership from 43% to nearly 62% by 1960, cementing the single-family house as the centerpiece of the American Dream.But this “great reset” came with a price. Lynch unpacks how zoning laws, redlining, racial covenants, and underwriting standards drew hard lines around who could belong in postwar suburbia. He contrasts the inclusive vision of Case Study Houses and Eichler Homes with the mass-produced segregation of Levittown, where black families were explicitly barred and violence met the first to cross the color line.From John Dean's warning about homeownership “booby traps” to the weaponization of media by business elites like Henry Regnery, this episode reveals how corporate interests used patriotism, racial fear, and Cold War anxiety to roll back New Deal gains and reframe government as the enemy. Along the way, Lynch explores how Fannie Mae's privatization, the birth of American Express credit cards, and the cultural glorification of the nuclear family turned housing into a speculative asset, a consumption engine, and a source of isolation.We end in Roseto, Pennsylvania, where a community's disappearing social bonds literally changed its heart attack rates—proof that how we house ourselves shapes how we live, connect, and survive.If you want to understand how postwar housing policy, suburbanization, zoning, media, and finance fused into a system that still determines who gets stability and who gets left behind, this episode shows how the board was reset—and who it was reset for.Episode Extras - Photos, videos, sources and links to additional content found during research. Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

Want lower mortgage rates? One economic “X factor” could give them to us. It's time for our 2026 mortgage rate predictions!  Is this the year we get back into the 5% mortgage rate range? It might be more likely than you think. But two things are currently holding mortgage rates in limbo, keeping the housing market “stuck” as buyers beg for a more affordable interest rate. These crucial factors could finally budge, and if/when they do, big changes to mortgage rates could follow.  For four years, Dave has been sharing his mortgage rate forecast leading up to the new year—and he's been right almost every time. But we're not just sharing Dave's take. We'll also give you mortgage rate forecasts from top economists at Fannie Mae, NAR, and more. Waiting for lower mortgage rates? Stick around to see if Dave's prediction is what you want to hear.  In This Episode We Cover 2026 mortgage rate predictions and whether we'll get back into the 5% range  The “X factor” that could send mortgage rates into a free fall  The two things keeping mortgage rates “stuck” right now (and whether they'll move) A desperate move from the Federal Reserve to lower mortgage rates that could cause massive ripple effects throughout the economy  Interest rate forecasts from top mortgage and real estate organizations  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1207 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Keith discusses seven ways to get a lower mortgage rate, emphasizing the historical impact of the 1940s GI Bill on homeownership and wealth creation.  Caeli Ridge, founder of Ridge Lending Group, digs into smart tactics like adjustable rate mortgages, DSCR loans, and down payment options, plus insider tips on boosting your creditworthiness, timing your rate lock, and planning ahead so you can maximize your returns.  They also explore trends like 50-year mortgages and portable mortgages, and the benefits of FHA and VA loans for first-time buyers.  Resources: Want expert guidance on your next real estate investment or mortgage? Reach out to Ridge Lending Group for personalized support and a full range of loan options—whether you're a first-time buyer or seasoned investor. Visit ridgelendinggroup.com or call 855-74-RIDGE to take your next step! Episode Page: GetRichEducation.com/582 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, seven ways you can get a lower mortgage interest rate. We'll break them down loan types available to you that you never heard of, and learn how the 1940s GI Bill shaped the mortgage that you get today on get rich education   Speaker 1  0:22   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:07   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. You Keith,   Keith Weinhold  1:23   welcome to GRE from the Romanian Black Sea to the Egyptian Red Sea and across 188 nations worldwide. I'm Keith Weinhold, and this is the indefatigable get rich education before we discuss the seven ways that you can get a lower mortgage rate and more in the 1940s before my dad was born, the GI Bill gave veterans returning from World War Two access to cheap home loans, and that single policy decision might have done more to shape the modern American Housing landscape than Anything else in the last 100 years. Think about it, millions of young men, almost kids, really had just spent the better part of their early adulthood in Europe or the Pacific. They came home, married their sweethearts, started families, and suddenly America had this booming demand for housing, but demand alone doesn't build homes. You also need money. You need access to credit, and that's where the GI Bill stepped in. It didn't just thank returning service members for their sacrifice. It handed them something way more powerful, the ability to buy a home with little money down a low interest rate and underwriting standards that would frankly look like a fantasy today, that access to credit sparked one of the biggest housing booms in American history. You had these entire suburbs that sprang up overnight, Levittown in New York, Lakewood in California. These were master planned communities, and they really became a blueprint for Post War America. We had the booming 50s, and this had a lot to do with it. Here's the part that most people don't understand. This wasn't just about housing. This was about wealth creation, because for better or worse, home ownership has been the primary wealth building vehicle for the American middle class these past 100 years, when you give millions of people a subsidized path into property ownership, you're not just giving them a roof. You're giving them equity appreciation, leverage, tax benefits. You're giving them the engine, this flywheel that spins up generational wealth in a lot of ways. The GI Bill is the earliest institutional example of what I at least tell you here on the show, real estate pays five ways. Now they didn't call it that in 1947 but that's exactly what it was. Veterans earned appreciation as suburbs grew. They had amortization working for them, they collected tax advantages. Inflation slowly eroded their fixed rate mortgage balances too. And here's the thing, these weren't even speculative investments. They were homes that they lived in. Now, of course, the GI bill wasn't perfect. It expanded opportunity for millions of people, but it excluded a lot of people too. Lenders and local governments often blocked black veterans and other minorities from accessing the same benefits. That's a whole story unto itself, but the takeaway for today is, when you combine demographic momentum with favorable financing, you can remake a nation, and that's why housing policy still matters today, which we'll get. Two shortly, when you change access to credit or just tweak it, you change the trajectory of families and markets for generations, and the GI Bill proved that. So when we talk about interest rates, affordability, supply shortages, or any of the high frequency housing data that we cover here, remember that the stories aren't just about numbers. They really are about people. They're about giving ordinary Americans the chance to build wealth the same way that those World War Two veterans did through ownership, stability and the quiet compound leverage, not compound interest. Compound leverage that real estate delivers over time.    Keith Weinhold  5:49   I'm bringing you today's show from, I suppose, a somewhat exotic location. I am inside Caesar's Palace, which is right near the very middle of the famed Las Vegas Strip, that's where I'm at. The hotel staff is always accommodative of the show setup. This might seem a little strange to you, because I'm not a gambler. The reason I'm here is that my brother lives 25 minutes away, and I've been with him during Thanksgiving. Next week, I'll bring you the show from Buffalo, New York, and then two weeks from now, I have something heart warming to tell you about that, and it is a real estate story. I'll be broadcasting the show from upstate Pennsylvania. I'll be there to visit my parents. My brother's also coming in from Nevada to be there. That's where the four of us, mom, dad, my brother and I will sit around the same dining room table in the same kitchen of the same home that my parents have lived in since the 1970s nothing has changed, and all four of us know our spots at the table. And actually, it's not even called the dining room table. It is the supper table, as my parents call it so, from flashy Caesar's Palace today to Buffalo and then to Appalachian simplicity in Pennsylvania, the stability and continuity of my parents living in the same home and four wine holds sitting around the table during the holidays, it is so rare. I imagine less than one or 2% of people can do this. I'm just profoundly grateful and proud of Kurt and Penny Weinhold for being the best, most stable parents I could have asked for. It's almost too much to ask, and if you don't have that in your life. Ah, you can do something about that. You can provide the same decency and stability for your children.    Keith Weinhold  7:50   Let's talk about seven proven ways you can get a lower mortgage rate with this week's terrific guest. Though, we'll focus on investment properties. A lot of this applies to primary residences as well.   Keith Weinhold  8:07   We are joined by the founder of the lender that's created more financial freedom for real estate investors than any other mortgage originator in the nation, the eponymous Ridge lending group. And though that sounds impressive, my gosh, she didn't even need that introduction for you the listener, because she's one of the most recurrent guests in show history. Welcome back to GRE Caeli Ridge,   Caeli Ridge  8:30   I am delighted to be here as always, Keith, thank you for your support and acknowledgement. I love what you do, and I'm hoping that I can bring more value today to your listeners in what it is that we do, educating the masses, right?   Keith Weinhold  8:42   You've been doing that here for about 10 years. And yes, we're talking about a woman with a reputation for writing emails in all caps, yet still maintains a great relationship with everybody. I mean, congrats, shaile. I couldn't possibly pull that off myself.   Caeli Ridge  8:58   Thank you, Keith. And you know, I'm going to stay by my all caps, man, it's a speed thing. It all boils down to the number of seconds in the day that I can just move quickly through an email. Yeah, I love my all caps.   Keith Weinhold  9:09   Apparently recipients are still replying, well, you can get a lower mortgage rate in at least seven ways. You can get an adjustable rate mortgage, do a midweek lock in, negotiate seller credits. Have a high credit score. Do a two one buy now, which is kind of old school, but some home builders are using it boost your DTI or buy now, not later. Those are some of the strategies for lowering your mortgage rate. What are your thoughts with regard to that?   Caeli Ridge  9:39   I think all of those are viable. I would just say on the adjust for a mortgage. The pushback I would give there is, is that for residential property, specifically, single family, up to four units, we are not finding that spread between the arm and a 30 year fix. We've been the industry as a whole, secondary specifically been on the inverted yield. Now this gets a little tough. Nickel, and I won't go down that rabbit hole, but 08, 09, the housing and lending crash created an environment within secondary markets where an inverted yield has made a 30 year fixed mortgage more favorable in the rate department. Now that's not always going to be the case. I am a huge fan of the adjustable, but what would work right now is an adjustable with the all in one not to take too much time on that topic, but that would be an adjust rate mortgage that I think would save interest or reduce the rate of which interest is accruing,   Keith Weinhold  10:30   the all in one loan, which we discussed extensively back at the beginning of this year here on the show. Long term, though, I have seen adjustable rate mortgages work for a lot of people, because really, the compelling proposition of the arm is that it guarantees that you get a lower rate in the near term, and yet there's only a chance that you're going to have a higher rate in the long term   Caeli Ridge  10:53   and further. Let's I mean, let's dissect that a little bit. I am a huge proponent. I love an adjustable rate mortgage when the arm is pricing a half or a full percentage point plus over a fixed especially for non owner occupied and the reason for that is, and this is statistically speaking, feel free to look this up, guys, the average shelf life of a mortgage for an investment property is about five years. Great point, right? And we know that if that's the case, right, we're refinancing to harvest equity. We're refinancing maybe to reduce an interest rate from where the market was before, et cetera, et cetera. So that would be the first thing I would say. And then also remember, you guys the first 10 years of an amortized mortgage, 30 year fixed, amortized mortgage, how much of that payment is going to the principal? Because people will often push back by saying, well, either an interest only, or an adjustable and what happens if it changes or it goes up? Most of your payment is going to the interest anyway, and that reset to harvest equity. Borrowed funds are non taxable. We always say that, right? I think it's fully justified. So I love an arm, I just don't know, in comparison to a 30 year fixed today, like a five year ARM versus a 30 year fixed we are in a place that it makes sense, but normally, to your point, absolutely. Fan   Keith Weinhold  12:06   that spread needs to widen for the arm to make more sense. What about doing a mid week rate lock in? Is that a thing?    Caeli Ridge  12:13   Yeah. And you know, I don't have any empirical evidence here. Okay, I don't have any data points that actually prove this, except for 25 years in the business and locking loans every day of my life. There's something about a Monday and a Friday. And I have some conspiracy theories. I don't know that. I it's necessary to share them here, but midweek locks tend to be more favorable in both points and interest rate than you'll find on a Friday and a Monday. I think largely it has to do with, you know, the stock exchanges shutting down for the weekend, right? You got a Friday, you got two days in between. You got foreign markets, and all the things that can explode and happen during that amount of time. So I think they hedge a little bit. So on Friday, going into the weekend, I think that there's something about that and why interest rates are a little less favorable. And then Monday, of course, coming off the weekend, similarly, maybe there's some truth to that too.   Keith Weinhold  13:02   Now, negotiating seller credits has really been a trend to help with affordability. Tell us about specifically what you're seeing there, what's common.   Caeli Ridge  13:11   So we're talking to investors. I can tell you that the loan products you guys are going to have access to are going to cap you, okay, you're going to cap at, per guideline, 2% of the purchase price. Okay, remember that your points that you're paying when you get into locking an interest rate are going to be calculated on the loan size, all right. So the first thing to know is seller paid closing costs, maximum is going to be 2% per underwriting guidelines. That 2% is based on your purchase price. Anything that you're paying points for is going to be on the loan balance, the loan size, so there's going to be a little extra there for you that can contribute or can pay for some other closing costs, right, depending on the numbers. Now, if you're smart enough, or lucky enough, or whatever, the market is viable enough that you can negotiate more than 2% from the seller to pay towards closing costs, you're going to be limited on what you can do on the loan side. But let's say that you go and you've negotiated 4% seller will pay 4% towards your closing costs. Then in that case, you can reduce, you got the two points that you're allowed per guideline. And then you can reduce the purchase price by the difference you don't want to leave that money on the table.   Keith Weinhold  14:15   That's how it's done. And then there's just simply having a higher credit score. What's the highest credit score that really helps you get the lowest mortgage rate for both primary residences and non owner occupied properties. Loan product   Caeli Ridge  14:29   type dependent. But I would say overall, 760 and above is kind of that threshold. There are products that go 780 maybe even on the rare occasion, 800 and above. If I had to pick a number as the absolute pinnacle, I'm going to go 780    Keith Weinhold  14:41   All right, so having a credit score above those thresholds really doesn't help get you a lower interest rate. It's really just a little flex that you've got an 811, credit score, or whatever it is. Now the two, one buy down. That's something that we used to see long ago. A few home builders are bringing it back. And what that does it allow? Homebuyers to pay a lower interest rate for the first two years with the seller covering the difference, and that allows the seller to get their price. They don't have to lower the price of the home at all. But the two one buy down, and you see that written, two, one that has been employed more recently. Tell us about that.    Caeli Ridge  15:18   Well, the builders are struggling in some cases, right? The affordability buzzword is all over the place. So they've had to get creative and find ways in which they can move their inventory. So I think they've done a good job at kind of shaving off some of their margins to satisfy or improve the terms for the consumer. So I like the two. One, if you can get it   Keith Weinhold  15:37   now, one can boost their DTI as well their debt to income ratio and Taylor. When we've talked about that before, we've usually talked about reducing your debts in order to improve your DTI. However, a lot of people don't think about the fact that, oh, well, you can increase your income that lowers your DTI to help you qualify. So tell us what is the max DTI that you can have   Caeli Ridge  16:00   maximum debt to income ratio, in most cases on a full dock loan is going to be 50% now, depending on the type of income that you earn or that you've demonstrated, how you calculate that can get a little bit tricky. But if you're just a straight w2 wage earner, we don't have, you know, commissions or bonuses or anything that we consider variable income, then you just take your gross income times 50% whatever that number is, all of your liabilities on the credit report, we do not count ordinary living expenses like food and gas and utilities and cell phone bills. It's the minimum payments on the credit report. As long as whatever that add up is fits within that 50% you're good to go.    Keith Weinhold  16:37   Now, when it comes to improving our DTI to get a lower mortgage rate, I tend to think it's easier to knock out some debts to improve your DTI. But what about the other side of it? What about increasing your income to improve your DTI, lower your mortgage rate and qualify? Can you talk about some of the strategies for increasing your income with respect to DTI?    Caeli Ridge  17:02   Absolutely. And the biggest one, I think that we probably want to focus on most is going to be on a schedule E, right? That's the one that you're going to have more control over. So when we talk about rental income and how we might be able to boost that first, it might be important to share that there are two ways in underwriting that we will calculate or quantify rental income. The first way is called the acquisition year formula. I'll give you that in just a second. It's very easy, but the way I think we focus on here, because acquisition year is going to be what it is, you're going to have very little ability to manipulate or change that once our rental properties fall on our tax return, specifically the Schedule E of a federal tax return, you as the taxpayer or the borrower are going to have some access to maximize or increase the income, or, let's actually get a little bit more granular there to maximize the gain or minimize the loss, by means of depreciation, maybe a cost seg, maybe we make sure that one time, extraordinary expenses are demonstrated on the tax return in the appropriate way so that underwriting can add those things back. So I know that this sounds technical, but the scheduling is the way that I would say is the easiest for an investor to maximize income, reduce debt to income ratio. And I will close by saying that ridge lending, I think one of our most valued value adds is the ability to help our clients look at their draft tax returns on an annual basis and present them with, Hey, listen, Mr. Jones, if you file this way, this draft tax return, if it files this way, this is what it means to your debt to income ratio. Here's my advice, right? We go into a lot of depth there with our clients.   Keith Weinhold  18:39   That is a smart, long term planning piece that most mortgage companies are not going to give you. They're not going to be forward looking, looking out for your next three years of growing your income property portfolio. And shortly, we'll talk about a way for you to qualify loans where you don't have to show tax returns or W twos or pay stubs. But while we're talking about how to get a lower mortgage rate and some creative ways to do that, I brought up, buy now, not later. And what do I mean by that? What I mean is say, properties appreciate even 3% over time. Buying now, I mean that is going to net you more equity if you buy now rather than waiting, than it would in the savings from a rate drop, when you look at the appreciation run up, however, if rates go up, then you get both the lower price and the lower rate by buying now, not later.   Caeli Ridge  19:32   And I would add to that, we have to remember that in addition to a very modest 3% in the home appreciation, we should be appreciating our rents at even a modest 2% a year, right? Depending on where you are, et cetera. I know that there's exceptions to the rule. And then finally, we got to add in that tax benefit, what you're going to get in your deductions, et cetera, et cetera.   Keith Weinhold  19:51   Yeah, great point. Well, I brought up seven ways that you can get a lower mortgage rate. Can you share a few more with us? Some common ones? Because I know. That almost everyone that calls in there wants to inquire about mortgage rate as well.    Caeli Ridge  20:03   Everybody wants, yep, everybody wants to talk about the rate, despite my vervet opposition to say, do the math. Do the math. Do the math. You know, the easiest one there would be buying down the rate. I'm going to try and formulate an example. Let's say you've got a really high wage earner and in the thick of their earning years, and they're trying to prepare for retirement down the road. It's a longer term burn. They desperately need tax deductions, and the deal that they're looking at, yeah, it's okay, but they want some extra expenses on the Schedule E, maybe they buy the rate down by three even 4% because points on an investment loan transaction are tax deductible, so that might be something, and they obviously benefit from the lower interest rate. Now I may push back on this, and I think again, I know I sound like a broken record here, but we really need to do the math. What are we getting versus what are we giving up to get a 6% or five and a half percent interest rate? What does that mean in real, tangible cost, and what's that? Break even? It's actually a fairly simple calculation. When you just divide the difference in what you're getting versus what you're paying for, and that'll give you the number of months that it takes to recapture the incentive versus the expense. But that would be the easiest one. Keith, I would say buying down points, using paying additional points to get that lower interest rate,   Keith Weinhold  21:20   buying down your rate. It could feel good in the short term, but it's often not the best long term or even intermediate term move when you do the math, as you always like to say, well, you the listener here, you know that you can qualify for mortgage loans, for rental properties without needing a w2 without needing a pay stub and without even needing to show tax returns, because you need all those things for a conventional loan, but for a DSCR loan, debt service coverage ratio, you don't. So talk to us about the pros and cons of a DSCR loan versus a conventional   Caeli Ridge  21:53   loan. Okay? And I've got a hook here too, because I think the listeners are gonna be very, very pleased to hear at the end of this statement, what's happening with DSCR in conjunction or comparison, rather to the conventional so DSCR everybody means debt service, coverage ratio. It's a very simple formula. We are going to take the gross rents and divide it by the principal and interest and taxes and insurance and association. If it applies, that's it.   Keith Weinhold  22:18   $1,000 in gross rents, $800 in p i, t i, that yields a DSCR of 1.25 Correct?   Caeli Ridge  22:25   Yes, you're absolutely right. The one that I use as I, just to keep it simple, is 1000 rents, 1000 piti. That's a 1.0 right? As long as the gross rents are equal or greater than the p i, t i, you're going to be in a position to get the more favorable rates. Now that's not to say that we can't go below a 1.0 ratio. You can actually have a property, we have products that will allow the DSCR to be a point seven five. That would mean, in this scenario, if you had rents, gross rents of 750, and the piti was 1000 you can actually get that loan done. That is allowed. The rate gets a little bit hairy. So more often than not, we're at the 1.0 and above. So this is just a really great way for investors who are either recently self employed, maybe they're adjusted gross, they just write everything off for reasons that you can imagine. Why? Right? They don't want to pay the taxes. It could be 100 different reasons. The DSCR option is such a great solution to provide a 30 year fixed mortgage same same similar leverage, if not sometimes even better than a Fannie Freddie, than a conventional loan, you can usually leverage a little bit more, in some cases, on a DSCR like a two to four, for example, two to four unit residential property, Fannie Freddie, they kind of cut those loan to values a little bit, and the DSCR loans don't care about that. So you can get the same leverage as a single family would in a DSCR. The only other primary difference is these DSCR loans are going to come with prepayment penalties. Typically, the standard is about three years, but we're usually not refinancing in the first 36 months. Anyway, if you know that that's applicable to you, then you'd have to buy the prepay down or out, which you can do otherwise. DSCR is amazing. Oh, and I'll give you the little hook here. So something I have observed this is maybe very recent 4550 ish days, the margin for interest rate difference between conventional and DSCR is really starting to narrow. DSCR products are really performing well, and that interest rate improvements that we've been seeing for those products is not far off from what the Fannie Freddie's are, and I've even seen examples where DSCR beats a 30 year fixed Fannie Freddie rate. Now those are for the higher loan amounts. I can explain if you want, but otherwise, that's good news.   Keith Weinhold  24:36   Okay, this is really good news. It's a time in the cycle where dscrs could very well make sense for you without that huge documentation Shakedown that you need with W twos and pay stubs and everything else. There are a lot of nascent trends in the mortgage industry, and we're trying to separate some of them from being rumors, from being something that can truly happen. We're talking about 50 year mortgages and poor. Affordable mortgages. More on that. When we come back, you're listening to get rich education. Our guest is Ridge lending Group President, Chaley Ridge   Keith Weinhold  25:07   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre, or send a text now it's 1-937-795-8989, yep, text their freedom. Coach, directly, again. 1-937-795-8989,   Keith Weinhold  26:18   The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President Chaley Ridge personally, while it's on your mind, start at Ridge lending group.com, that's Ridge lending group.com   Dana Dunford  26:50   this is hemlanes co founder, Dana Dunford. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.    Keith Weinhold  26:58   welcome back to get rich education. We're talking with Ridge lending Group President and Founder, Chaley Ridge about how you can get lower mortgage rates, and also about some trends in the industry, separating what's really a rumor in what could really happen squaring on 50 year mortgages and portable mortgages, those are both things only being discussed by the administration to help with affordability. FHFA Director Bill Pulte created some jarring news recently when he publicized this. What are your thoughts on the 50 year mortgage?    Caeli Ridge  27:39   You know, on a primary residence basis, I'm not so sure I need to maybe put some more thought into that. But for an investment property, I love it. Man, anything to keep that payment down so that, because, remember, we talked about earlier in the show here the percentage of mortgages, let's just use our 30 year fixed for a second that for a rental property that start on day one and then stroke a check 360 times later to pay that to zero. Is a fraction of a percent right? We are refinancing these things. We are selling them and doing 1031 exchanges. So anything that can keep my cash flow higher and my payment lower, I am all for it. Now, the people that push back and say, Well, I want to pay off my mortgage in 15 years. I don't want to pay extra interest, you are welcome to do that. So there's a second piece to this that I think is equally as important as maximizing cash flow, and that is your qualification. All right, if this comes to pass, and right now, it could just be noise, okay, and I'm speaking specifically for investment property, but if this is available to us, the debt to income ratio component, because think about it like this. So I'm going to keep using my 15 year and my 30 year, because that's kind of what we understand. The payment difference between a 30 year 360 month and a 15 year 180 month can be substantial depending on the loan size. I mean, it can be hundreds and hundreds of dollars for the individual that is dead set and say, I don't want to pay the higher interest. I want to pay these things off. We may have arguments about that whole strategy to begin with, but overall, if they still want to do that and that's their decision, Fine, take the 30 year fixed payment. Take the 30 year fixed mortgage. Apply the difference. You can figure out that payment difference very easily. Apply it religiously. Every month. You will cross the finish line in about 15.4 years. Download an amortization calculator online. You can find them everywhere. Plug in your numbers, and you'll see what I'm talking about. If you were to do this, let's say the difference is 200 bucks a month, and you send it in every month with your 30 year fixed mortgage payment, you will cross the finish line to pay that thing off in about 15.4 years. So yes, you'll pay a few extra months of interest. But what have you done to your qualifications, right, your payment now on your debt to income ratio, when we're looking at this thing for a future optimization, never take the shorter term amortization, ever, ever, ever, you won't pay the higher interest that the 30 year or the 50 Year will probably come with because you've accelerated the payoff so long, if that's your choice. Now for everybody else that really wants. To maximize that cash flow. And they get that, they're going to be refinancing this every five, six, whatever it is, years take it, man, I am all for the longer term amortization on a rental.   Keith Weinhold  30:10   I agree with you. I even like the 50 year on a primary residence, but yeah, Chaley, right here on the show, several weeks before Bill Pulte made the announcement, I actually talked about the 50 year mortgage and compared it to the 30 and the reasons that I like it because I knew there was a chance it could be coming, since this administration is trying to do so much to help out with affordability, people buy based on a payment, not a price that lowers the payment. A 50 year mortgage helps you benefit from inflation, and there are a lot of other advantages that have to do with that, although you probably are going to pay a higher interest rate on a 50 than you would a 30. And you know, Chaley, when the 30 year mortgage had its Advent just after World War Two, I'm going to guess 75 years ago, people were having this same conversation like, oh, 30 years, my gosh, you're never going to pay off the home. And really, that's not what it's about.    Caeli Ridge  31:01   Not at all, not at all. And remember, you guys, I would encourage everybody listening to this to actually go get that amortization table and see how much interest is baked in and how it is applied and paid. It is the back end of any of these amortized mortgages where the principal actually starts to get applied in a meaningful way. The 50 year mortgage, or the longer term amortization is a huge advantage. I'm speaking for investors. Mostly. I love it.   Keith Weinhold  31:26   Some people say, are you nuts? Look at how much more interest you're paying over the life of the loan on a 50 year mortgage versus a 30 year mortgage. We already touched on that you're not going to keep that loan for the life of it, and if you just take the difference from the lower payment that a 50 Year gives you, and invest that in 8% return, you are going to crush 2x to 3x oftentimes, what the paltry interest savings are over several decades,    Caeli Ridge  31:26   and somebody else is making that payment right. We have tenants that are responsible   Keith Weinhold  31:47    100% and then there's something that I don't know if portable mortgages would fly. And what this means is that when borrowers move, they could keep the rate, keep their term and keep their lender, presumably for the new home you might have seen it in the news. You the listener that Fannie May remove the minimum credit score requirements from desktop underwriting. And Chaley, I think you let me know elsewhere that those changes don't affect non owner occupied, but of course, it could affect the broader housing market in pricing. What are your thoughts about lowering the credit score requirement   Caeli Ridge  32:28   so similar to the portable stuff, until it really reaches mainstream and it affects the non owner occupied I'm not deep diving into those things. The basis of it, though, is, is that, yeah, they're removing that minimum credit score requirement from a du underwrite that stands for desktop underwriter, as you said, that is Fannie Mae's sophisticated, automated underwriting system, and I think it's just going to give more eligibility to lower income households and people trying to become homeowners that have found the barrier for entry very restrictive because They have credit issues.    Keith Weinhold  33:00   Well, let's talk about FHA and VA loans, something that we have rarely, if ever touched on. Our listeners know that I started out making my first ever property of any kind, an FHA loan with three and a half percent down on a fourplex, living in one unit, renting out the other three. Tell us about some trends there in FHA and VA loans   Caeli Ridge  33:21   we actually just did house hack campaign. We did a webinar on it, co living, all those different ways in which, you know, the younger generation, especially, and this is true for anyone. I don't want to pigeonhole it, can get themselves into home ownership and propel them into the real estate investing as an asset class. I am such a big fan of this model, in this strategy, for anybody that's interested and willing to kind of coal mingle or habitat, like you did a four Plex at three and a half percent down, you've got three tenants that are making your mortgage payment. VA, likewise, any of the Gubby loans, which include VA, FHA, USDA, you can get high, high leverage and up to four units. So I'm a huge fan of that. And then the CO living is another thing that I think is not quite mainstream, but I think it's gaining steam    Keith Weinhold  34:09   for those that don't know what we're talking about, you can use an FHA loan with a three and a half percent down payment, as long as you live in one of the units, your credit score can even be pretty low, and you can do that with a single family home, duplex, triplex or fourplex. You can get those same benefits with a VA loan and zero down   Caeli Ridge  34:29   USDA also zero down if you're in the right zip code. How does one qualify for a USDA loan? You know, there's a website I would have you check out. We don't do a ton of those. We have the ability, of course, but there's income restrictions and all of this. They've got, actually, a pretty slick website where you can go online, type in the zip code, make sure it's in a rural area, what your income is. There's all these inputs, and it'll tell you if you'd be a candidate for it. But yeah, it's good. Rates zero down. I like the product.   Keith Weinhold  34:56   Well, there have been a lot of newsy items when it comes. Comes to mortgages. Caeli and I think we should drop back before we're done here and talk about the basics. Just basically, what does it take to get a non owner occupied loan for residential income property?   Caeli Ridge  35:12   You know, there's so many options for investors today that I would say that if you have access to and even with what we just said, house hack. I mean, listen, if you've got 3% down, three and a half percent down, you can probably assure yourself you can get into a property. And if you can't qualify from a income debt to income ratio perspective, you've got three or four other models, which include DSCR, bank statement loans, asset depletion loans, overall, I would say that this is an individual conversation. Chances are you could probably qualify today, and if you can't, one of the things that I love about Ridge lending is, is that we're going to help you plant the seeds and show you how to qualify. If it takes you three months or six months or a year, that's what we do.   Keith Weinhold  35:56   Yeah, we've definitely noticed the difference here and that you do help that investor with long term planning? I do my own loans at ridge, and my assistant here at GRE she recently got the ball rolling with you in there at Ridge as well.   Caeli Ridge  36:11   Brenda, yes, yes, that was fantastic. We are very looking forward to helping her.   Keith Weinhold  36:16   Well, you know, chili, I've come here with a lot of questions that I had. What's the question No one's asking you, but you wish that they would.   Caeli Ridge  36:25   I think it probably would be for me, planning. You know, we get a lot of questions about interest rates. That's kind of top of mind for everybody. More about planning, having people that are interested in real estate as an asset class and an investment have the conversations to say, this is where I'm at today. This is where I'd like to be in five years. Tell me how to get there, and we can have those high level conversations that really sort of reverse engineer it and say, Okay, this is where you stand today from an underwriting perspective. This is where you need to be, and here's how we're going to get you there. It's always about planting seeds and creating those roadmaps, as I like to say so I would say that that would be top of my list.   Keith Weinhold  37:02   That's exactly what you do in there, and that's really what sets you apart. Well, remind our audience how they can get a hold of ridge.   Caeli Ridge  37:11   Yes, there's a couple ways. Of course, our website, Ridge lending group.com Please email us info at Ridge lending group.com and then call us toll free. 855-747-4343, 855-74-RIDGE  is an easy way to remember.   Keith Weinhold  37:25   It's really been valuable this time. Chaley, thanks so much for coming back onto the show.   Caeli Ridge  37:29    Appreciate you. Keith.   Keith Weinhold  37:36   Oh yeah, good pointed info from Chaley over at Ridge, I think that the important things for you to remember from our conversation is that, gosh, isn't it so glaring like in your face that you have options. All these options when you engage with a lender, you're going to learn that there are probably loan programs that you've never even heard of, some that you might fit into and even if you aren't adding more property, if you're not in that phase, there are ways that you can take your existing loans and consolidate them or refinance them, or use them to produce a tax free windfall for yourself and the US is often the envy of other world nations with the flexibility that we have here in our mortgage market. I've never known anyone that does this better than Chaley and her team. I mean, they are real difference makers. If you learn something on today's show, hey, Don't hoard the good stuff. Engage in the nicest kind of wealth redistribution. Tap the Share button right now and share this on social, or text this episode to one friend who'd appreciate it. That would mean the world to me. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  38:57   Nothing on this show should be considered specific personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively   Keith Weinhold  39:25   The preceding program was brought to you by your home for wealth building, getricheducation.com  

Welcome to Go Gaddis Real Estate Radio! I'm Cleve Gaddis, here to make real estate clear, simple, and worry-free so you can make confident decisions when buying or selling a home. Today we're breaking down a major update from Fannie Mae—one that has a lot of buyers asking the same question: Does this mean I can qualify for a mortgage even if my score is under 620? Fannie Mae recently removed its longstanding 620 minimum credit score requirement, and that sparks our listener question from Jason in Norcross, who asks: “My score's been stuck around 610 — does this new Fannie Mae change mean I might actually have a shot at buying a home?” We'll discuss: What Fannie Mae actually changed What the new minimum requirements are (and what didn't change) Why lenders still look at risk differently than Fannie Mae How your credit score affects your rate, down payment, and loan approval The five components that truly make up your credit score What buyers can do right now to improve eligibility, even in the short term We'll also highlight our Upside Program, designed to give buyers and sellers all the options they need to move forward with confidence—no matter where their credit score stands today. Have a question, want to challenge something you hear, or want more clarity? Visit GoGaddisRadio.com to connect or subscribe so you never miss an episode.

At the dawn of the 20th century, American finance looked modern—telegraphs, syndicates, Wall Street empires—but it had no brakes. In this episode of Built to Divide, host Dimitrius Lynch follows the chain reaction from the Panic of 1907 to the creation of the Federal Reserve, revealing how crises, central banking, and policy choices concentrated power at the top and quietly reshaped who gets to own a home in America.We move from J.P. Morgan locking bankers in his library to stabilize markets, to the secret Jekyll Island meeting that birthed the blueprint for the Fed, to a global financial order built on austerity, gold, and central banks. Lynch unpacks how this shift—from robber barons to central bankers—centralized control over money and credit, setting the stage for a financial system that could either stabilize the economy or supercharge inequality.In parallel, the episode traces a second, brutal story: the clash between slave labor and wage labor, the Civil War, broken promises like Special Field Orders No. 15, Reconstruction, the 13th and 14th Amendments, and the massive land giveaways of the Homestead and Railway Acts that seeded a two-track wealth system. That system was later hardened by Black Codes, Jim Crow, and the rise of the National Association of Realtors, whose restrictive covenants and ethics codes turned racism and class exclusion into standard practice.As Lynch connects the Roaring Twenties, the Great Depression, Hoover's homeownership gospel, and New Deal housing programs—HOLC, FHA, Fannie Mae—listeners see how federal support for mortgages expanded opportunity for some while redlining, racial covenants, and “good neighborhood” ideology locked others out. Housing was transformed into a mass wealth engine built on division.This episode is a deep dive into how central banking, war finance, slavery, segregation, real estate professionalization, and federal housing policy fused into a system where housing isn't just shelter or asset—it's a sorting mechanism. If you want to understand why today's housing market feels rigged, this chapter shows how the rig was built.Episode Extras - Photos, videos, sources and links to additional content found during research. Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

In this episode, Chris and Saied break down one of the strangest weeks in economic news we've ever covered: missing jobs data thanks to the government shutdown, a Fed that suddenly sounds like it forgot what “data-dependent” means, and a housing market showing cracks big enough to drive a mortgage banker through. From Zillow quietly admitting half of America's home values slipped, to builders slashing prices at record levels, to foreclosures quietly creeping up while mortgage lock-ins freeze the market solid — the guys dig into why the “everything is fine” narrative just isn't matching the numbers.➡️ But chaos wasn't limited to housing. Billionaires started bailing on Nvidia like they saw the ending of the AI movie early, Michael Burry essentially rage-quit public filings, and Peter Thiel unloaded his entire stake while VC money keeps ping-ponging between the same five tech giants in the most incestuous loop imaginable. And because this is The Higher Standard, the episode somehow ends with a heated, physics-based debate about whether men should sit or stand when they pee — complete with splash-radius analysis, public-restroom trauma, and a shocking confession about portable butt-gaskets. Peak THS.

On this episode of Right On Radio, host Jeff takes listeners through a wide-ranging, high-perspective review of breaking developments: the latest around the Jeffrey Epstein file releases and mounting calls for accountability, a provocative financial blueprint from billionaire Bill Ackman to return Fannie Mae and Freddie Mac to market ownership, and the idea of a U.S. Sovereign Wealth Fund that could funnel dividends to citizens. Jeff breaks down Ackman's three-step proposal to convert taxpayers' stake in the GSEs into formal ownership, relist the companies on the stock market, and the broader implications for Trump-era plans to monetize public assets. He ties these financial shifts to ongoing political battles — attacks on the Federal Reserve, tariff dividends, and high-level stock and corporate stake moves. The show features and summarizes clips and statements from news figures and politicians: coverage of Rep. James Comer's push for subpoenas (including Bill and Hillary Clinton), commentary from Just the News/John Solomon, a critical look at Pam Bondi's DOJ press conference, Tucker Carlson's reactions, and Speaker Mike Johnson's national-security concerns about declassification. Jeff also highlights recent indictments and allegations — including a federal indictment involving Rep. Sheila Cherfilus McCormick and Nancy Mace's reporting on dismissed pedophilia cases in South Carolina — as signs of a growing justice narrative. Jeff contextualizes archival and investigative clips — from Geraldo Rivera's reporting to historical allegations of ritual abuse and international cases — to explain how these stories have circulated through media and why they matter now. He discusses the political theater surrounding release of evidence, the potential for rapid, targeted prosecutions, and the ways disclosure might upend existing power structures. The episode connects domestic revelations to global tensions: Britain's internal cultural and security flashpoints, reports of a Russian vessel mapping undersea infrastructure, the UN Board of Peace votes (and abstentions by China and Russia), and how geopolitical distraction can intersect with domestic scandal. Jeff argues these threads point to a larger transition in systems of power and calls for spiritual and community preparedness. Listeners are given a viewer-discretion warning before segments describing alleged abuse and ritualized crimes. The program also includes a short sponsor message for Coriolus versicolor immune-support supplements and information on supporting Right On Radio and Jeff's "Decoding the Power of Three" course. Expect analysis, sourced clips, speculation about how and when disclosures might land, and a combination of political, financial, and cultural commentary aimed at helping listeners see what Jeff describes as a convergence of events reshaping institutions and power. Want to Understand and Explain Everything Biblically?  Click Here: Decoding the Power of Three: Understand and Explain Everything or go to www.rightonu.com and click learn more.  Thank you for Listening to Right on Radio. Prayerfully consider supporting Right on Radio. Click Here for all links, Right on Community ROC, Podcast web links, Freebies, Products (healing mushrooms, EMP Protection) Social media, courses and more... https://linktr.ee/RightonRadio Live Right in the Real World! We talk God and Politics, Faith Based Broadcast News, views, Opinions and Attitudes We are Your News Now. Keep the Faith

What Does “No Credit Score Mortgage” Mean (for FNMA)Policy ChangeAs of November 15, 2025, Fannie Mae's automated underwriting system (Desktop Underwriter, or DU) will no longer require a minimum third-party credit score. Fannie MaeInstead of relying on a fixed cutoff (like “you must have a 620 FICO”), DU will use Fannie Mae's proprietary risk-assessment model to evaluate credit risk. Fannie MaeThat model considers more than just credit score: payment history, “trended” credit data, nontraditional credit sources like rent, utilities, and so on. Fannie MaeNontraditional Credit AllowedFannie Mae's Selling Guide includes rules for “nontraditional credit” — that is, credit history documented without a standard credit score. Selling GuideWhen a borrower truly has no credit score, lenders must document nontraditional credit history. For example, they might look at 12 months of cash flow or payment history (rent, utilities, insurance, etc.).  Fannie requires borrowers without any credit score to complete homeownership education before closing. Selling GuideWhy This Could Be a Good ThingGreater Access to HomeownershipThis change will likely help people who are “credit invisible” (i.e., they don't have a traditional credit score) get conventional mortgages. Historically underserved groups (such as those who rent, use nontraditional credit, or have limited credit history) could benefit. More Holistic UnderwritingBy removing the rigid score minimum, DU can look at the whole financial picture. This means more weight on things like debt-to-income ratio, reserves, employment, and nontraditional credit.Using more data (rent history, payment trends) can be more predictive of whether someone will make mortgage payments than just a credit score.Potential Cost Benefits for Some BorrowersIf done right, borrowers with limited credit but solid finances could qualify for a conventional loan (which may have more favorable terms than some other high-risk or subprime options).It may reduce the need for more expensive or risky loan products for people who don't fit the “traditional” credit profile.Risks and DownsidesHigher Risk for Lenders → Possibly Higher CostWithout a credit score floor, lenders are taking on more uncertainty. They may require larger down payments, lower loan-to-value ratios (LTVs), or more reserves to compensate.If the borrower is truly “credit invisible,” the lender's verification burden is higher (to safely assess risk), which could make underwriting more stringent in non-score cases.Potential for Higher Interest Rates / Pricing RisksEven if a borrower qualifies, the interest rate may be higher compared to someone with a very good credit score, because the risk model may not “discount” as heavily without a high score.There could be loan-level price adjustments (or other risk-based pricing) tied to the riskiness of nontraditional credit profiles.Performance UncertaintyThis is a newer underwriting paradigm for Fannie Mae, so long-term performance is less “battle-tested” at scale for certain nontraditional credit borrowers.If default rates go up for these loans, it could have negative implications for lenders or investors (or for how such loans are underwritten in the future).Lender OverlaysJust because Fannie Mae has this policy doesn't mean all lenders will be aggressive in offering no-score loans. Some may add their own stricter requirements (“overlays”) that make it harder than it sounds.You'll need a lender that is comfortable underwriting nontraditional credit and willing to do the extra documentation.Is It a Good Thing For You Personally?It depends on your situation:Y Support the show

Full episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.In this episode of "People Not Titles," hosts Steve Kaempf and Matt Lombardi break down major updates from the National Association of Realtors (NAR) summit, including a new strategic plan focused on modernization, transparency, and accountability. They discuss significant MLS policy changes, the market outlook, and NAR's commitment to stable dues and advocacy, offering valuable insights for real estate professionals and consumers.Introduction and Episode Overview (00:00:02)Fannie Mae, Freddie Mac, and New Credit Scoring Models (00:00:56)Timeline for Credit Model Rollout and Loan Level Price Adjustments (00:04:27)Zillow vs. Compass Feud and Agent Survey (00:05:09)Survey Methodology and Private Listings Debate (00:07:34)Ongoing Lawsuits and Market Power Concerns (00:09:03)Compass Merger Timeline and Industry Impact (00:10:23)Compass Private Listings Strategy and Seller Impact (00:10:57)Federal Reserve Leadership Changes (00:11:21)Portable Mortgages and 50-Year Mortgage Concepts (00:12:24)Structural Barriers to Portable Mortgages in the U.S. (00:14:07)Potential for Portable Mortgages and Market Challenges (00:16:01)Assumable Mortgages, Bridge Loans, and Rate Buydowns (00:17:37)NAR Summit Recap and Leadership Changes (00:18:34)NAR's Three-Year Strategic Plan Highlights (00:20:20)Zero-Based Budgeting and Transparency Initiatives (00:21:47)Actionable Intelligence and Industry Input (00:22:57)Signature Projects and Member Commitments (00:23:26)NAR Dues, Political Advocacy, and Financial Health (00:25:20)Assessment of NAR's New Leadership and Direction (00:26:14)NAR Changes to MLS Policy and Local Control (00:27:35)Implications of Decentralized MLS Rules (00:29:32)Antitrust Concerns and Policy Rollbacks (00:30:46)Local MLS Autonomy: Access, Training, and Enforcement (00:31:09)Broker Impacts and Market Variability (00:32:36)NAR Market Outlook and Economic Forecast (00:33:47)Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...

For two decades, we typically looked past Agency mortgage-backed securities (MBS) to find better relative value opportunities in the non-government sponsored credit markets. But something fundamental changed, and over the past three years these securities have claimed an increasingly significant allocation in our total return strategies. What sparked this pivot? Portfolio Manager Adam Bloch and Louis Pacilio from our Structured Credit team unpack the mechanics of the Agency MBS market, explain what shifted in the risk-reward equation, discuss the future of Fannie Mae and Freddie Mac, and explore the opportunity going forward.Related Content:Fourth Quarter 2025 Fixed-Income Sector ViewsRelative value across the fixed-income market.Read Fixed-Income Sector ViewsThe ABCs of Asset-Backed Finance Finding value in complexity: The structure, risks, and investor-friendly features of asset-backed finance.Read The ABCs of Asset-Backed FinanceMacro Markets Podcast Episode 76: Why and Where (and How) to Invest in Asset-Backed Finance Relative value opportunities in ABS, CLOs, and residential and commercial MBS, as well as insights into the process for managing these complex investments.Listen to Macro MarketsInvesting involves risk, including the possible loss of principal. In general, the value of a fixed-income security falls when interest rates rise and rises when interest rates fall. Longer term bonds are more sensitive to interest rate changes and subject to greater volatility than those with shorter maturities. High yield and unrated debt securities are at a greater risk of default than investment grade bonds and may be less liquid, which may increase volatility. Private debt investments are generally considered illiquid and not quoted on any exchange; thus they are difficult to value. The process of valuing investments for which reliable market quotations are not available is based on inherent uncertainties and may not be accurate. Further, the level of discretion used by an investment manager to value private debt securities could lead to conflicts of interest.This material is distributed for informational or educational purposes only and should not be considered a recommendation of any particular security, strategy, or investment product, or as investing advice of any kind. This material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. The content contained herein is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation.This material contains opinions of the author but not necessarily those of Guggenheim Partners or its subsidiaries. The author's opinions are subject to change without notice. Forward-looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to be reliable, but are not assured as to accuracy. No part of this article may be reproduced in any form, or referred to in any other

Fannie Mae's decision to remove the 620 minimum credit score could reshape U.S. lending. This policy may expand homeownership access but reopens fears of unchecked risk reminiscent of the 2008 financial collapse.See full article: https://www.unitedstatesrealestateinvestor.com/fannie-mae-kills-credit-wall-investors-could-pay-the-price/—Ready to kill the rat race?Listen, if you're sick of watching other people get rich while you keep grinding for scraps, this is your wake-up call.Right now, everyday people, not Wall Street, not billionaires, not trust-fund babies, are buying property, collecting rent, and stacking cash while you're stuck refreshing your bank app.You can keep working for money, or you can make money work for you.This free ⁠"Beginner's Guide to Real Estate Investing in 2025" will show you exactly how to start, even if you're broke, busy, or scared to death of losing a dime.It's short. It's simple. It's real.Go grab your copy right now before you talk yourself out of it. Start learning how real Americans are building wealth while everyone else keeps punching the clock.Download now: https://www.unitedstatesrealestateinvestor.com/freeguide/—Helping you learn how to achieve financial freedom through real estate investing. https://www.unitedstatesrealestateinvestor.com/

Wednesday, November 12th, 2025Today, Fannie Mae watchdogs who were removed from their jobs had been probing if Trump appointee Bill Pulte had improperly obtained mortgage records of key Democratic officials; Republicans added a provision to the continuing resolution to allow the Republican Senators whose call logs were subpoenaed by Jack Smith to each collect $500K in taxpayer money; Greg Bovino and the CBP are packing up and leaving Chicago as the House returns to work; Hakeem Jeffries is whipping no votes in the House for the shutdown deal; Trump has asked the Supreme Court to overturn the E Jean Carroll verdict; a federal judge has struck down a Republican gerrymander and has reinstated the voter approved map; that Marion county Kansas newspaper that was raided by the police - They get a $3M settlement from the government; and Allison and Dana deliver your Good News.Thank You, CoyuchiGet 20% off your first order when you visit Coyuchi.com/dailybeansThank You, OneSkinGet 15% off OneSkin with the code DAILYBEANS at  https://www.oneskin.co/dailybeans #oneskinpodGuest:  Zerlina MaxwellMornings with Zerlina | SiriusXM Progress Channel 127 Weekdays at 7 AM ETThe Inner Work Dispatch | Zerlina | Substack@zerlinamaxwell.bsky.social on Bluesky, @zerlinamaxwell - InstagramContacting U.S. Senators Find Your Representative | house.govSubscribe to MSW Media - YouTube StoriesFannie Mae Watchdogs Probed How Pulte Obtained Mortgage Records of Key Democrats | WSJThune secures provision in government funding bill letting senators sue for phone records seizure | POLITICOTrump asks Supreme Court to overturn verdict that he sexually abused and defamed E. Jean Carroll | CNN PoliticsU.S. Border Patrol boss Greg Bovino, fellow agents expected to leave Chicago but could be back in the spring | Chicago Sun-TimesUtah Judge Strikes Down GOP Gerrymander, Restores Voter-Approved Fair Map | Democracy DocketMarion County agrees to pay out $3M for newspaper raid, expresses regret | Kansas ReflectorGood TroubleWe saw you are covering the courts' decisions on SNAP benefits. If you're looking to offer your readers a way to help families missing benefits, letting you know GiveDirectly is delivering emergency cash in real time to the lowest-income families -- we've paid 133,000+ since Nov 1: GiveDirectly.org/snap. **Sharonville City Hall on Wednesday, November 12th at 6:30pm. For more info, please visit Cincy Urban Farm**​​Saturday, November 15. TeslaTakedown.com**Group Directory - The Visibility Brigade: Resistance is Possible**Vote Yes 836 - Oklahoma is gathering signatures**How to Organize a Bearing Witness Standout**Indiana teacher snitch portal - Eyes on Education**Find Your Representative | house.gov, Contacting U.S. SenatorsFrom The Good NewsMutual Aid Relief Fund, Mutual Aid Hub, GiveDirectly.org/snapLink to Modelo's adoption page - The Animal FoundationSocial Security Fairness Act: Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) update | SSAFortitude Strength and Conditioning in Oak Grove, MissouriDoney Coe Pet Clinic in SeattleDana Goldberg Outrageous Tour - November 14th ChicagoOur Donation LinksNational Security Counselors - Donate, MSW Media, Blue Wave CA Victory Fund | ActBlue, WhistleblowerAid.org/beansFederal workers - email AG at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Find Upcoming Actions 50501 Movement, No Kings.org, Indivisible.orgDr. Allison Gill - Substack, BlueSky , TikTok, IG, TwitterDana Goldberg - The 2025 Out100, BlueSky, Twitter, IG, facebook, danagoldberg.comMore from MSW Media - Shows - MSW Media, Cleanup On Aisle 45 pod, The Breakdown | SubstackReminder - you can see the pod pics if you become a Patron. The good news pics are at the bottom of the show notes of each Patreon episode! That's just one of the perks of subscribing! patreon.com/muellershewrote Our Donation LinksNational Security Counselors - DonateMSW Media, Blue Wave California Victory Fund | ActBlueWhistleblowerAid.org/beansFederal workers - feel free to email AG at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Find Upcoming Actions 50501 Movement, No Kings.org, Indivisible.orgDr. Allison Gill - Substack, BlueSky , TikTok, IG, TwitterDana Goldberg - BlueSky, Twitter, IG, facebook, danagoldberg.comCheck out more from MSW Media - Shows - MSW Media, Cleanup On Aisle 45 pod, The Breakdown | SubstackShare your Good News or Good TroubleMSW Good News and Good TroubleHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?The Daily Beans | SupercastThe Daily Beans & Mueller, She Wrote | PatreonThe Daily Beans | Apple Podcasts Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Join Jim and Greg for the Wednesday 3 Martini Lunch as they weigh in on EPA Administrator Lee Zeldin blasting Gov. Gavin Newsom and Los Angeles Mayor Karen Bass for their incompetence concerning the California wildfires, housing officials repeating the mistakes that led to the 2008 financial crisis, and Michigan's “Mamdani” trying to erase his radical record.First, they applaud Zeldin for imploring Newsom and Bass to get to work to help people rebuild after the wildfires. Jim notes that less than one percent of those who lost homes or businesses have received permits to rebuild, even after nearly a year. They also consider how this glaring failure could hurt Newsom's presidential ambitions.Next, they facepalm as Fannie Mae removes a minimum credit score needed to be approved for housing loans. Yes, buying a home is really tough for a lot of people right now, but Jim and Greg recall how giving mortgages to people who clearly could not afford them led to economic disaster just 17 years ago.Finally, they highlight Michigan Democratic Senate candidate Abu El-Sayed deleting past anti-police and anti-border agent posts in an attempt to hide his radical views. El-Sayed once called police “standing armies we deploy against our own people” and smeared border agents as “white supremacists.” El-Sayed is very competitive in a three-candidate race for the party's nomination.Please visit our great sponsors:Get 10% off your first month of BetterHelp by visiting https://BetterHelp.com/3ML today!OneSkin uses the patented OS-01 Peptide™ designed to keep skin healthier, stronger, and more resilient over time. Get 15% off OneSkin with the code 3ML at https://www.OneSkin.co/3ML Try the Oracle Cloud Infrastructure for free with zero commitment by visiting https://Oracle.com/Martini today!

//The Wire//2300Z November 11, 2025////ROUTINE////BLUF: VBIED ATTACK STRIKES ISLAMABAD, 12X FATALITIES REPORTED. RIOTS BREAK OUT AT UC BERKELEY AT STUDENT EVENT. WHITE HOUSE ANNOUNCES ECONOMIC INITIATIVES. SOLAR FLARES PROMPT SPACE WEATHER WATCHES FOR THE NEXT FEW DAYS.// -----BEGIN TEARLINE------International Events-Global: Several Coronal Mass Ejections (CMEs) from the sun were reported yesterday, which are expected to result in the observance of aurora at lower latitudes than normal tonight and possibly the next few days. The National Weather Service (NWS) issued a G4 (Severe) Geomagnetic Storm Watch this morning, which is valid for this evening into tomorrow.Analyst Comment: This is nothing to freak out over, but still something to keep in mind just in case power outages strike some areas. Interference with radio communications should also be expected as well, particularly shortwave frequencies. When solar weather is more active (as it is right now), weird things tend to happen, which are nearly impossible to predict. In practical terms, this usually means that people living at lower latitudes can see the Northern Lights, but what people can't usually see is the interference, fluctuations, and anomalies that this kind of thing causes with anything that relies on electricity to function.These CMEs are a bit bigger than normal, and at least one is directed at Earth (meaning that it's more likely to be impactful that usual, as the solar energy will hit our atmosphere more directly). So communications and electrical infrastructure may be damaged later tonight. Thursday night should be the worst, but the space weather forecast is still rather variable at the moment.Pakistan: Following yesterday's explosion in India, a Vehicle-Borne IED was detonated outside a court in Islamabad. 9-12x people were killed and dozens wounded during the attack. Tehrik-e-Taliban - Pakistan (otherwise known as TTP, or the main Taliban faction operating within Pakistan) claimed responsibility for the attack.Analyst Comment: Immediately following this explosion (which is the worst Islamabad has experienced in many years), locals reported Pakistan starting to move military resources toward the border with India. Right now it's hard to say what's going on, but two deadly explosions detonating in the heart of two nations that are constantly at each other's throats is probably going to result in tensions escalating a bit once again.-HomeFront-California: A general state of unrest broke out at UC Berkeley last night following a series of Turning Point USA events at the university. ANTIFA militants clashed with police, prevented other students from attending the TPUSA event, and otherwise caused much disturbance.Analyst Comment: Going into the heart of the beast of Berkeley, with a Charlie Kirk event no less, was always going to result in this level of kinetic activity, so it is a miracle nobody was killed. Berkeley may be infamous for many things, but it's also a legendary ANTIFA stronghold where militants dominate the terrain in significant numbers. Flyers advertising this riot were spread weeks ago, which signifies the level of planning present for something that seems as simple as a counter-protest/riot.Washington D.C. - Several developments on the economic front have been announced over the past few days. The White House has announced efforts to normalize 50 year mortgages, while Fannie Mae has announced plans to remove their minimum credit score required to obtain a home loan, instead using their own risk assessment criteria to evaluate each loan independently of a minimum credit score. In a media interview with Fox, President Trump also reiterated plans to bring 600,000 Chinese students into the United States, confirming again the plans to double the number of Chinese students allowed into the US.-----END TEARLINE-----

Lisa Haynes shares her journey from a successful career in accounting to retirement and beyond. She discusses the challenges of transitioning into retirement, the importance of maintaining physical and mental activity, and the need for a plan to navigate this new phase of life. Lisa emphasizes the significance of legacy, personal growth, and the joy of helping others find fulfillment in their retirement years. Through her experiences and insights, she inspires listeners to embrace retirement as an opportunity for reinvention and purpose.Lisa J. Haynes is a former Chief Financial Officer, author,and CEO of Haynes Executive Solutions. After more than 30 years in finance and leadership—including serving as CFO of the Mortgage Bankers Association and senior roles at Fannie Mae and John Hancock Financial Services—she stepped awayfrom the corporate world to focus on helping others navigate life's biggest transitions with clarity, confidence, and purpose. A licensed CPA and Chartered Financial Consultant with dualcertification as an Executive Coach and Retirement Coach, Lisa blends deep professional expertise with a passion for personal transformation. Her boutique firm now supports individuals and organizations through executive coaching,retirement strategy, and financial consulting. Her latest book, Retired and Killin' It, challenges outdated ideas about aging and offers a bold, practical roadmap for turning retirement into a powerful new beginning. With her KILLIN IT formula, Lisa helps people embrace the psychological, emotional, social, and financial sidesof retirement—living with joy, legacy, and renewed purpose. Whether she's coaching, speaking, or writing, Lisa is knownfor her authenticity, sense of humor, and belief that reinvention is always possible. Beyond her work, she treasures her roles as a wife, mother, grandmother, and woman of faith. Get In Touch With Lisa:Website: www.retiredandkillinit.comFacebook: www.facebook.com/retiredandkillinitIG: @retiredandkillinitLinkedIn: https://www.linkedin.com/in/lisa-j-haynes-cpa-mba/

Mortgage giant Fannie Mae is set to drop its 620 credit score minimum reflecting the same failed policies that were tried before the market crash in 2008. Dana breaks down why this is another illiterate move. Michelle Obama claims, “It is not a luxury to have a hair and makeup team”.Dana explains how the 50 year mortgage plan is just a band-aid that doesn't solve the problem of housing affordability. Trump finally breaks his silence on Marjorie Taylor-Greene. Dana explains why 600,000 Chinese students coming to the U.S. is a “pro-MAGA stance”.Coca-Cola is still continuing their DEI practices. Dana asks why the Left is trying to make failed Bravo lunatic Jennifer Welch as their version of Joe Rogan. Gov. Kathy Hochul ADMITS there Is no money for Zohran Mamdani's free buses proposal. Chuck Schumer trails AOC by 30 points in net favorability among New York Dems. Dana breaks down how you should be more observant of outside influence that is jockeying for power during the end of Trump's term with the use of identity politics. Thank you for supporting our sponsors that make The Dana Show possible…Patriot Mobilehttps://PatriotMobile.com/Dana  OR CALL 972-PATRIOTWhat are you waiting for? Switch today. Use promo code DANA for a free month of service.Byrnahttps://Byrna.com/danaSave 15% sitewide during Byrna's biggest Black Friday and Cyber Monday sale. Don't miss out!Fast Growing Treeshttps://FastGrowingTrees.comGet up to 50% off plus 15% off your next purchase with code DANA—visit and save today! Valid for a limited time, terms and conditions apply.Noblehttps://NobleGoldInvestments.com/DanaOpen a new qualified IRA or cash account with Noble Gold and get a FREE 10-ounce Silver Flag Bar plus a Silver American Eagle Proof Coin. Bub's Naturalshttps://BubsNaturals.comGet 20% off your order at Bub's Naturals with code DANA. Support the show and tell them Dana sent you.PreBornhttps://Preborn.com/DANAAnswer the call and help save lives—dial pound 250 and say “Baby,” or give securely online. Make your gift today.AmmoSquaredhttps://AmmoSquared.comDon't get caught without ammo and be sure to tell them you heard about Ammo Squared on this show. Keltechttps://KelTecWeapons.comKelTec builds every KS7 GEN2 right here in the USA with American materials and workers—upgrade your home defense today. All Family Pharmacyhttps://AllFamilyPharmacy.com/Dana Don't wait until flu season knocks at your door. Use code DANA10 at checkout to save 10%. Relief Factorhttps://ReliefFactor.com OR CALL 1-800-4-RELIEFTurn the clock back on pain with Relief Factor. Get their 3-week Relief Factor Quick Start for only $19.95 today! HumanNhttps://HumanN.comStart supporting your cardiovascular health with SuperBeets now available at your local Walmart.

President Donald Trump is floating the idea of a 50-year mortgage to make buying a home more affordable — and FHFA Director Bill Pulte says Fannie Mae and Freddie Mac are "working on it." But could longer loans really solve America's housing crisis, or just stretch debt even further? Kathy Fettke breaks down what a 50-year mortgage would mean for buyers, investors, and the broader housing market. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCE:  https://www.cnbc.com/2025/11/10/trump-proposes-50-year-mortgage-but-homeowner-savings-could-be-minimal.html

Fed cuts rates, mortgage rates climb. If you're wondering how that math works, you're not alone. In this week's episode, Mike Mills untangles the real connection between the Fed, mortgage-backed securities, and why housing affordability in Texas still isn't catching a break.Episode OverviewThe Fed rate cut reaction caught everyone off guard—rates went down at the central bank but up for homebuyers. In this episode, Mike Mills explains why mortgage rates often move opposite of Fed cuts, breaking down how mortgage-backed securities (MBS), tariffs, and investor sentiment actually drive the market. Realtors will learn how to communicate these changes clearly to clients, structure deals with buydowns and concessions, and anticipate what the next Fed meeting might bring. Mike also dives into Texas housing turnover trends, new Fannie Mae credit score updates, and how to automate your real estate database with AI tools to stay ahead in 2025's unpredictable market.

Justin Brennan watched his family go from “riches to rags,” then rebuilt with cash-flow discipline, learning the hard rules of leverage, investor trust, and timing. In this episode, Justin Brennan breaks down how he moved into a model unit to push a 121-unit across the finish line, why he ate an $800,000 loss to protect investors, and how that decision unlocked an off-market 80-unit in San Diego. If you're raising capital in 2025 or operating in the Sunbelt, this one's a must-watch.Timestamps0:00 - The $60M wipeout that changed everything (cash flow > speculation) 13:17 - Rates spike 11 times, operator moves into the property, drives lease-up to 98%, locks Fannie Mae at 5.49% seven days before the 10-Year pops 16:10 - Why he walked from $800,000 hard to avoid risking $12M of LP capital and how that led to an off-market 80-unit in National City 25:00 - “Worst years” for REI: 2023, 2024, 2025 and the Sunbelt oversupply math vs. coastal moats 27:54 - Why California still prints wealth (if you live here and can survive the red tape) 59:25 - Where to find Justin's playbook (YouTube: “Justin Brennan multifamily”) What You'll LearnThe operator mindset that can rescue a value-add when debt turns against you. How saying no (even at a huge cost) can win lifelong LP trust and better deals. Sunbelt vs. Coastal: vacancies, oversupply, cap-rate reality, and why local advantage matters. Building from cash flow up: the $100K condo to multi-hundred-unit progression.#realestateinvesting #realestate #investing 

Mr. Phillips served as Counselor to the Secretary at the U.S. Treasury from January 2017 to January 2019. Under Secretary Mnuchin, he focused on financial institution and capital markets policy, fiscal operations, government asset and liability management and general economic policy. He led the development for policy under the Core Principles established by Executive Order 13772. He supported Secretary Mnuchin in the development of policy for comprehensive housing finance reform and in oversight of Treasury's investment in Fannie Mae and Freddie Mac. Between 2008 and 2017, Mr. Phillips was a Managing Director of BlackRock where he founded and led the Financial Markets Advisory Group, a global risk consulting group that leveraged the strengths of BlackRock's Aladdin risk platform. Mr. Phillips is a pioneer in the securitized products industry. He led numerous innovations in residential mortgage, asset-backed and commercial real estate securitization markets. From 1994 to 2006 he was a Managing Director of Morgan Stanley and led its global Securitized Product Group. Mr. Phillips serves on the Board of Directors of Ripple, a leading financial technology company that has developed a real-time gross settlement system powered by blockchain ledger that is revolutionizing the speed and efficiency of cross-border payments.

Episode 175 In this powerhouse episode, I sit down with the one and only Barry Habib — market expert, founder of MBS Highway, and board member at Fannie Mae. Barry shares his expert insights on where mortgage rates are headed, what's really driving the Fed's decisions, and how these shifts will shape the housing and lending landscape. We also dive into Barry's work at Fannie Mae, where he's helping shape the future of housing finance, and his outlook on why today's loan officers—those still standing—are perfectly positioned for massive success in the coming cycle. If you're in the mortgage industry, this episode is pure gold. You'll walk away with a clear sense of where the market's heading and how to position yourself for what's next. For daily insights and tools from Barry and his team, visit MBSHighway.com.  

At MBA Annual 2025, HousingWire CEO Clayton Collins interviewed Rikard Bandebo, Chief Strategy Officer and Chief Economist at VantageScore, about one of the biggest industry shifts in decades: the entrance of VantageScore into the mortgage ecosystem. In this episode:Why is credit score competition important?For decades, the mortgage industry has relied on one scoring model. With the Federal Housing Finance Agency (FHFA) expanding options, VantageScore introduces innovation, transparency, and fairness—allowing lenders to assess creditworthiness more accurately and consumers to qualify for mortgages previously out of reach.How will this change expand homeownership?VantageScore's model incorporates up to 24 months of credit history and uses alternative data sources, helping identify five million additional households that could qualify for mortgages. These consumers are often in rural or high-rental communities, meaning the change supports economic growth and financial inclusion in underserved markets.What are the implications for lenders and the market?·       Lenders: Gain new tools to expand their customer base without increasing risk.·       Consumers: See more consistent and transparent scoring.·       Market: Competitive pricing for credit data, increased innovation, and better access to affordable lending.What's next for mortgage credit innovation?Lenders are encouraged to back-test their portfolios, prepare internal systems, and align with new data channels to ensure readiness as the transition accelerates in 2026.

There could finally be some relief ahead for homebuyers. Federal Housing Finance Agency Director Bill Pulte announced on social media a review of the controversial loan-level price adjustment (LLPA) fees that impact millions of borrowers. The review, led by mortgage expert and Fannie Mae board member Barry Habib, could lead to lower mortgage costs for buyers and homeowners looking to refinance. In this episode, Kathy Fettke explains what this review means for borrowers, how it could affect affordability, and why any change to mortgage pricing could ripple through the housing market. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCE: https://www.housingwire.com/articles/fhfa-reviews-loan-level-price-adjustments/

On today's show we are talking about how to interact with a lender. If you're in the game of real estate, chances are you've borrowed money. Lenders come in all shapes and sizes from the traditional community and regional banks, to the larger agency debt like Fannie Mae or Freddie Mac, to the government sponsored loans from HUD or SBA. There are then numerous private options including debt funds, CMBS loans, preferred equity, CPACE  and mezzanine lenders. They all have one thing in common. They will go through an underwriting process that requires you to provide documentation about the borrower, the guarantor if it's a recourse loan and the property. Those requirements will be listed generally on a term sheet, and then perhaps later in the process in a commitment letter, or a closing checklist.On today's show I'm going to share what we believe are best practices, or at least I'm going to share how we manage this process in our development company. ------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

A growing sense of economic pessimism is sweeping the nation. In this episode, Kathy Fettke breaks down Fannie Mae's latest Home Purchase Sentiment Index, which shows that nearly 70% of Americans believe the economy is on the wrong track — and an even higher 73% say it's a bad time to buy a home. We'll explore what's driving this negative outlook, from high mortgage rates and rising home prices to slowing job growth and stagnant wages. Kathy also explains what these trends mean for real estate investors and why understanding buyer sentiment can reveal key opportunities in shifting markets. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCE: https://fortune.com/2025/10/07/is-it-good-bad-time-to-buy-house-housing-market-economy-wrong-track/

On today's episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about housing inventory and Trump's plan to get more homes built. To learn more about Trust & Will, click ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Related to this episode: Trump urges Fannie Mae, Freddie Mac to boost homebuilding ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠More info about HousingWire⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enjoy the episode! The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate stories. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show we are talking about the impact of recent US Federal Government policy changes and then the government shutdown on real estate.There are several government agencies involved in commercial financing. These include the US Department of Agriculture, the department of housing and urban development, the department of Veterans Affairs, the Federal Housing Finance Agency (FHFA) and the Small Business Administration. Loan applications involving Fannie Mae and Freddie Mac also rely on reports generated by government agencies that are currently closed. All of these sources of financing are either delayed or are at a standstill. There have also been numerous policy changes that have affected loan approvals since the most recent federal election. How could this be a problem? -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Kara and Scott discuss Tesla's rollout of cheaper models, OpenAI's $1 trillion computing power deals, and why gold prices have topped $4,000 for the first time. Then, who will be Apple's next CEO when Tim Cook steps down? Also, major banks want to get their hands on the IPO of Fannie Mae and Freddie Mac, and and Kara reveals her criminal past. We're going on tour! Get tickets at pivottour.com Watch this episode on the ⁠⁠Pivot YouTube channel⁠⁠. Follow us on Instagram and Threads at ⁠⁠@pivotpodcastofficial⁠⁠. Follow us on Bluesky at ⁠⁠@pivotpod.bsky.social⁠⁠ Follow us on TikTok at ⁠⁠@pivotpodcast⁠⁠. Send us your questions by calling us at 855-51-PIVOT, or email pivot@voxmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

After the Federal Reserve's recent rate cut, analysts from Fannie Mae and the National Association of Home Builders (NAHB) have released their forecasts for the 30-year fixed mortgage rate. Today's Stocks & Topics: Global X Dow 30 Covered Call & Growth ETF (DYLG), Market Wrap, LKQ Corporation (LKQ), Will Mortgage Rates Keep Dropping?, Starbucks Corporation (SBUX), Data Sources, Leverage ETFs, Barrick Mining Corporation (B), Wheaton Precious Metals Corp. (WPM), Paul Mueller Company (MUEL), Gold.Our Sponsors:* Check out Anthropic: https://claude.ai/INVEST* Check out Gusto: https://gusto.com/investtalk* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

It's a bad time to buy a house. That's what nearly 75% of consumers are saying, according to Fannie Mae's home purchase sentiment index released earlier this week. And that news comes in despite a recent drop in mortgage rates. In hopes of getting homebuilders building again, President Trump has floated the possibility of once again privatizing Fannie Mae and Freddie Mac, and offering an IPO, which could be one of the largest stock offerings in history. Douglas Holtz-Eakin, economist and the former director of the Congressional Budget Office, joins FOX Business' Gerri Willis to discuss whether it's time for an overhaul of Fannie and Freddie, how complicated it can be, and what else can help the struggling housing market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Patrick Bet-David, Eric Bolling, Tom Ellsworth, and Brandon Aceto break down the NYSE's $2 billion Polymarket investment, gold and Bitcoin's explosive rally, Bari Weiss's groundbreaking CBS News deal, and how Fannie Mae, Freddie Mac, and Wall Street are all working to court Trump.-------Ⓜ️ PBD ENTREPRENEUR CIRCLES: https://bit.ly/46U4DTM

Fannie Mae and Freddie Mac have released temporary policies to keep the housing market moving during the government shutdown. In this episode, Kathy Fettke breaks down what the new rules mean for borrowers, lenders, and real estate investors — including changes to employment verification, paystub requirements, and forbearance options for furloughed workers. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCES: https://singlefamily.fanniemae.com/media/43381/display https://guide.freddiemac.com/app/guide/bulletin/2025-E?utm_source=chatgpt.com 

The headlines are screaming “Housing Boom,” but we're here to ask—boom for who? In episode 302 of The Higher Standard, Chris and Saied cut through the CNBC hype, breaking down why those shiny new home sales numbers don't tell the whole story. Spoiler: it's not buyers suddenly feeling rich, it's builders slashing prices and handing out incentives like Halloween candy. From Lennar's margins getting crushed, to the wild affordability math that shows just how far we've drifted from reality, the housing market isn't booming—it's bargaining.➡️ But housing isn't the only thing flashing red. Powell's latest speech, a youth unemployment spike that should terrify policymakers, and the Buffett Indicator screaming “overvalued” louder than ever, all collide in one jam-packed week of economic chaos. Add in a record-breaking concentration of power in the Magnificent 7 stocks, and you've got a market that looks more like Vegas than Wall Street. No fluff, no sugarcoating—just the unfiltered breakdown you've come to expect from The Higher Standard.

Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks what's at stake with the potential IPO of mortgage giants Fannie Mae and Freddie Mac, why electricity prices are going up and good news on interest rates. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account's annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.