Podcasts about Refinancing

Joseph Shalaby is the CEO and Broker of E Mortgage Capital Inc., a top-performing mortgage firm licensed in over 48 states. A UCSB graduate with honors and former law student at Abraham Lincoln University, Joseph has spent over 20 years in the mortgage industry, earning recognition from the Scotsman Guide, UWM Elite 100, and the BBB Torch Award. Known for his integrity-driven and innovative approach, he has helped expand E Mortgage Capital to 900+ licensed loan officers and 40+ physical locations nationwide. Born in Cairo and raised in California, Joseph's journey was shaped by his family's resilience—especially his father's rise from gas station worker to licensed physician. These experiences fueled his commitment to restoring the American Dream through accessible homeownership solutions and exceptional client service. Beyond business, Joseph founded the Shalaby Foundation to fight social injustice and support underserved communities through education and faith-based initiatives. His hands-on volunteer work, especially with the homeless, reflects a deep passion for giving back and creating lasting impact beyond the boardroom.   During the show we discussed: Mortgage eligibility for self-employed borrowers and required docs How lenders verify self-employed income Special loan programs for entrepreneurs Business income's impact on DTI ratio Considering business debts in applications Tax and financial statement requirements Using business assets for down payment/reserve Multiple income streams and loan approval Personal vs. business credit checks Strengthening applications with fluctuating income Refinancing for self-employed borrowers Income history needed before refinancing Benefits of cash-out refinancing for business growth Refinancing investment or second homes Refinancing's impact on future business credit Latest loan options available   Resources:  https://www.emortgagecapital.com/

Hitting the wall with your lender because your debt-to-income ratio is too high? You're not alone. Most investors max out between 4–10 properties when they rely solely on conventional loans.In this episode, I reveal how DSCR refinancing can pull those loans off your personal credit, free up your DTI, and give you room to grow your portfolio without drowning in paperwork or delays.We'll break down:How DSCR refinancing works (and why it's a game-changer)Step-by-step process to convert conventional loans into DSCR loansThe pros, cons, and pitfalls you need to know before you refinanceHow this strategy can help you scale faster and smarterIf you're ready to stop letting your DTI control your growth, this episode is for you.

Will the stock market crash? With the market continuing to march higher and setting record high after record high, I do worry more and more that a crash could be coming. It doesn't mean it will happen tomorrow, next week, or maybe even this year, but I do believe the risk to reward of investing in the S&P 500 at this point is not favorable when you take all the data into consideration. I have talked a lot about the fact that the top 10 companies now account for nearly 40% of the entire index and the forward P/E multiple of around 22x is well above the 30-year average of 17x, but there are also less discussed factors that are quite concerning. There is something called the Buffett Indicator that looks at the total US stock market value compared to US GDP. Buffet even made the claim at one point that this was “the best single measure of where valuations stand at any given moment." The problem here is that it now exceeds 200%, which is a historic high and well above even the tech boom when it peaked around 150%. Another concerning measure is the Shiller PE ratio, which looks at the average inflation-adjusted earnings from the previous 10 years in relation to the current price of the index. This is now at a multiple around 39x, which is well above the 30-year average of 28.3 and at a level that was only seen during the tech boom. While valuation isn't always the best indicator for what will happen in the next year, it has proven to be a successful tool for long term investing. Unfortunately, valuations aren't my only concern. Margin expansion is even more frightening as the reliance on debt can derail investors. Margin allows investors to buy stocks with debt, but the big problem is if there is a decline and a margin call comes the investor would either have to add more cash or make sells, which causes a further decline in the stock due to added selling pressure. Margin debt has now topped $1 trillion, which is a record, and it has grown very quickly considering there was an 18% increase in margin usage from April to June. This was one of the fastest two month increases on record and rivals the 24.6% increase in December 1999 and the 20.3% increase in May 2007. In case you forgot, both of the periods that followed did not end well for investors. Looking at margin as a share of GDP, it is now higher than during the dot-com bubble and near the all-time high that was reached in 2021. One other concern with the margin level is it does not include securities-based loans, which is another tool that leverages stock positions and if there is a decline could cause added selling pressure. Unfortunately, this data is not as easy to find since they are lumped in with consumer credit. The most recent estimate I could find was in Q1 2024, they totaled $138 billion and with the risk on mentality that has occurred, my assumption is the total would be even higher now. We have to remember that we now are essentially 18 years into a market that has always had a buy the dip mentality. Even pullbacks that occurred in 2020 and 2022 saw rebounds take place quite quickly. This has created a generation of investors that have not actually experienced a difficult market. I always encourage people to study the tech boom and bust as it was devastating for investors. The S&P 500 fell 49% in the fallout from the dotcom bubble and it took about 7 years to recover. Investors in the Nasdaq fared even worse as they saw a 79% drop and it took 15 years to get back to those record levels. Unfortunately, this isn't the only historical period that saw difficult returns. If you look back to the start of 1964, the Dow was at 874 and by the end of 1981 it gained just one point to 875. This was an extremely difficult period that saw Vietnam War spending, stagflation, and oil shocks, but it again illustrates that difficult markets with little to no advancement can occur. So, with all of this, how are we investing at this time? We are maintaining our value approach, which generally holds up much better in difficult markets. For comparison, the Russell 1000 Value index was actually up 7% in 2000 while the Russell 1000 Growth index fell 22.4% that year. We are also maintaining our highest cash position around 25% since at least 2007.  I continue to believe there are opportunities for investors, it just requires discipline and patience. One other person remaining patient at this time is Warren Buffett. Berkshire now has near a record cash hoard of $344.1 billion and the conglomerate has been a net seller of stocks for the 11th quarter in a row. I'd rather follow people like Buffett at times like this over the Meme traders that have become popular once again.   Consumers are doing a better job managing their credit card debt  Data released by Truist Bank analysts show that card holders of both higher and lower scores are doing a better job paying their bills on time. This is based on a drop in the rate of late payments from last quarter. Also improving is debt servicing payments as a percent of consumers disposable personal income. The first quarter shows debt-servicing payments were roughly 11% of disposable income, which is a strong ratio to see considering that level is below what was typical before the start of 2020 and it's far below the 15%-plus levels that were seen leading up to the Great Recession in 2008. According to Fed data, card loan growth was only 3% year over a year, which could be due to lenders increasing their credit standards. Stricter standards also made it more difficult for subprime borrowers to obtain new credit cards considering the fact that as a share of new card accounts, this category accounted for just 16% of all new accounts. This was down roughly 7% from the last quarter in 2022 when it was 23%. Consumers may also be more aware of the high interest costs considering rates stood at 22% as of May. There has been a decrease in rates from the peak last year, but Fed data reveals before interest rates began rising in 2022 interest rates stood at 16% for card accounts. If the Fed were to drop rates a couple of times between now and the end of the year, we could see a small decline in the rate. With that said borrowing money on a credit card and accruing interest is a terrible idea as even a 16% rate would not be worth it!    Real estate investors may be supporting the real estate market. This may sound like a good thing, but this could be dangerous long-term since investors don't live at the property. It would be far easier for them to default on the mortgage and let the house go into foreclosure or sell at a price well below market value just to get their investment back. So far in 2025 investors have accounted for roughly 30% of sales of both existing and newly built homes, which is the highest share on record. This is according to property analytics firm Cotality and they started tracking the sales 14 years ago. Most of these investors were small investors, who own fewer than 100 homes as they accounted for roughly 25% of all purchases. This compares to large investors which accounted for only 5% of purchases of new and existing homes. Within the small investor space, the stronger category is those with just 3-9 properties as this group has accounted for between 14 and 15% of all sales each month this year. The data also shows that the large investors like Invitation Homes and Progress Residential have become net sellers in the market and are selling more properties than they are buying. This is likely due to reduced rents from the high competition in the rental market and a softening of the overall real estate market in certain areas that has not provided the expected return that they wanted. I do worry that the small investor here has less access to good data and is less disciplined with their investment strategy. They are likely buying homes because real estate has been a good investment for the last several years, but if the market were to turn, they would be more likely to panic and sell and they may not have the means to continue holding the real estate. I do believe if interest rates remain, housing prices could remain stable or perhaps even drop a little bit. It's important to remember long term mortgage rates generally stem from longer term debt instruments like a 10-year Treasury, rather than the short-term discount rate set by the Fed.   Financial Planning: When and How a Refinance is Helpful After several years of elevated mortgage rates, steady declines have made more homeowners candidates for refinancing, but a smart decision requires looking beyond the headline interest rate. The first question is whether the refinance actually reduces the rate, and if so, what third-party closing costs and discount points are involved. Every mortgage carries these costs, and paying points may not make sense if rates are expected to fall further and another refinance could be on the horizon, especially since few 30-year mortgages last their full term before a sale or another refi. The structure of the new loan also matters: should costs be paid upfront or rolled into the loan balance, and how long will the loan likely be kept? The real goal is to borrow at the lowest overall cost over the life of the loan, factoring in both the rate and the cost to obtain it. A lower rate and payment may feel like a win, but without careful structuring, it may not be the most cost-effective move, something mortgage brokers often overlook when focusing solely on rate reduction. Here's a real example from just last week. A homeowner with a $580,000 mortgage at 6.875% and a $3,900 monthly payment has the opportunity to refinance to 5.5%, lowering the payment to $3,500 with no additional cash due at closing, and saving roughly $80,000 in total interest over the life of the loan. At first glance, this looks like a no-brainer. However, this structure would only be ideal if the homeowner never had another chance to refinance, which is unlikely given their current rate of 6.875%. In this case, all costs were rolled into a new loan balance of $616,000—an increase of $36,000—explaining why no cash was required at closing. A better approach might be to refinance to a rate only slightly lower than 6.875%, still reducing both the monthly payment and lifetime interest, but without dramatically increasing the loan balance by rolling in discount point costs. Refinances can continue as long as rates are expected to decline, and the best time to pay points is in a “final” refinance when rates are no longer expected to drop so the benefit can be locked in for the long term.   Companies Discussed: Carrier Global Corporation (CARR), Polaris Inc. (PII) & Align Technology, Inc. (ALGN)

Key Takeaways: Anchor money to something solid: It's important to base our money system on something lasting, like gold or Bitcoin, instead of man-made systems that can be unstable. Measure value in gold, not dollars: When you measure the value of things in gold instead of dollars, it gives a clearer picture and helps you avoid being misled by government money policies. Rethink traditional investments: Traditional investments like real estate might not do as well when you compare them to gold. That's why it may be smart to include digital money like Bitcoin in your plan. Adjust financial strategies over time: You should think about adjusting your financial strategies—like refinancing—by looking at how power and money have shifted around the world over time. Use long-term thinking in life: Try using “time anchoring,” or thinking long-term, not just with money but in all areas of life. It helps you make better choices with more confidence. Chapters: Timestamp Summary 0:00 Anchoring Financial Systems to Natural Law for Stability 6:18 Gold as a Stable Measure Against Manipulated Financial Metrics 14:56 Refinancing and Investing in Bitcoin for Future Gains 17:54 Harnessing Emotional States to Shape Reality and Achieve Goals 22:30 Balancing Mind and Spirit for Financial and Personal Growth   Powered by Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Ryan Recker and Jeff Manasso from Fox News Radio dive into the chaos in the auto market. From soaring prices and record-high loan debt to the uncertain future of electric vehicles, they break down why so many car owners owe more than their vehicles are worth. Jeff highlights recent dips in loan rates and dealer incentives, offering hope for buyers considering refinancing or waiting out the market. They also call out buyers who overextend financially for status cars and emphasize the growing risk of a flood of used vehicles hitting the market later this year, potentially pushing prices down—though history suggests patience might not pay off.

Satyan Merchant, who is senior vice president and auto and mortgage business leader at TransUnion, made another appearance on the Auto Remarketing Podcast. This time, the focus of the conversation is opportunities for auto refinancing. TransUnion indicated approximately 18 million are considered “in-the-money” for refinancing.

The number of mortgage holders refinancing their loans is the highest ever recorded. More than 3,500 borrowers refinanced in June, and experts are expecting to see the trend continue through to the end of the year. Finance specialist Amanda Morrall joins Tim Beveridge for Smart Money. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Todd Crowder, a true medical sales legend, joins us, again to break down exactly how to navigate career moves with clarity and confidence. Whether you're chasing growth or escaping a bad fit, Todd shares how to time transitions strategically, factoring in fiscal year cycles, capital equipment sales, and the difference between a smart move and a lateral mistake made out of frustration. We take a hard look at toxic leadership and how to spot it early. Todd reveals the red flags that signal deeper company-wide issues versus isolated manager problems, and how to evaluate whether a compensation plan aligns with your goals, or sets you up for burnout. You'll also learn how to build lateral leadership experience that prepares you for the next level. For anyone evaluating job offers or company fit, this episode is your blueprint. We walk through the key things to investigate before you sign, from procedural mix and product pipeline to financial stability and market opportunity. Todd explains why local market dynamics often matter more than company culture, and how to use your network to gather the intel that recruiters won't tell you. If you're serious about building a long-term career in medical sales, this episode gives you the mindset, metrics, and strategy to make your next move your best one yet. Connect with Todd: LinkedIn Connect with Me: LinkedIn Love the show? Subscribe, rate, review, and share! Here's How » Want to connect with past guests and access exclusive Q&As? Join our EYS Skool Community today!

We'd love to hear from you. What are your thoughts and questions?In this episode, Dr. Allen Lomax and Angelo Christian discuss the transformative power of understanding the psychology behind real estate financing. Angelo shares his personal journey from hardship to success, emphasizing the importance of building relationships in lending and the critical indicators for passive investing. They also explore current economic challenges, the significance of empowering clients, and the vision for a partner-owned company culture that fosters ownership and commitment among team members. The conversation concludes with insights on core values that drive enduring success in business.Main Points: Understanding a lender's mindset can transform investment evaluations.Finance is not just a transaction; it's about relationships.Building long-term client relationships can lead to significant business.Location and cap rates are critical for passive investors.Refinancing can be more beneficial than selling properties.Economic predictions are uncertain, but optimism is key.Empowering clients goes beyond financial transactions.Creating a partner-owned culture fosters commitment and loyalty.Extreme ownership is essential for team success.Core values guide the culture and operations of a successful business.Connect with Angelo Christian:angelo@chihomeloans.comloans@officialangelochristian.comwww.officialangelochristian.com/https://www.linkedin.com/in/angelochristian/https://www.facebook.com/OfficialAngeloChristian

We're talking about dollars and decisions. From the latest information on student loans, to how to start strong and set yourself up for success as new practice owner.  Special Guests:  Dr. Michael Jerkins  Alex Macielak  For more information, show notes and transcripts visit https://www.ada.org/podcast

Divorce is hard—emotionally, logistically, and yes, financially. But it doesn't have to be devastating. In this special HerMoney mailbag episode, Jean Chatzky welcomes back family law attorney and Hello Divorce founder Erin Levine to answer real listener questions from women going through divorce.

In this episode of the Investor Fuel Podcast, host Michelle Kesil speaks with Eugene Byass, a national mortgage loan officer, about the challenges and strategies in helping individuals with less than perfect credit achieve home ownership. Gene shares insights on financial freedom, navigating loan challenges, and the importance of building relationships and networks in the real estate industry. He emphasizes the need for education and understanding of credit to empower clients in their journey towards home ownership. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

This edition of Moneycontrol Editor's Picks spans inflation relief, Ola's refinancing plans, and TCS's cautious optimism. Also in focus: govt's asset sale agenda, Ashok Lavasa's concerns over Bihar's voter list, Bengaluru's GST scare, and Lahori Zeera's fizzy retail dreams. Plus, Swiggy's Rohit Kapoor reflects on Gen Z's food revolution.

In this episode, Dylan Silver interviews Nate Carver, an Army veteran turned lender, who shares his journey into the real estate and lending space. Nate discusses the challenges and learning curves of becoming a loan officer, the importance of in-house lending, and the regionality of lending practices. He emphasizes the value of partnering with knowledgeable lenders and the opportunities arising in the current market. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this solo update, host Andrew Walker revisits his three 2025 stock ideas (disclosure: long all three!): Sage Therapeutics (SAGE), Keros Therapeutics (KROS), and Full House Resorts (FLL). He breaks down Sage's acquisition by SUPN and the chance of a higher bid from Biogen, discusses Keros' announced capital return, and digs into why Full House Resorts has lagged so far despite promising insider buying and strong project progress. Andrew also highlights why active shareholder engagement still matters and how insider moves can reveal conviction.For links to the prior podcast ideas and open letter, please see this post: https://www.yetanothervalueblog.com/p/midyear-2025-podcast-ideas-updatesChapters[00:00:00] Andrew opens midyear update.[00:01:00] Recaps Sage, Keros, Full House.[00:07:33] Sage sold, Biogen topping bid?[00:14:27] Keros capital return progress is slow.[00:18:44] Full House lagging; insider buying.[00:27:59] CEO massive buy from ex-wife.[00:30:30] Refinancing risk key catalyst ahead.Links:Yet Another Value Blog: https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

Which means two different lenders think they have rights to the collateral. https://www.lehtoslaw.com

Nathan Turner reveals the untapped power of note investing on The REI Agent. Learn how to generate passive income, avoid ownership headaches, and build wealth with one of the oldest investing strategies in history.See full article: https://www.unitedstatesrealestateinvestor.com/turning-flips-into-freedom-with-debt-for-a-life-of-wealth-and-wisdom-with-nathan-turner/(00:00) - Introduction to The REI Agent Podcast(00:06) - Meet Mattias and Erica: Real Estate and Holistic Wellness(00:14) - This Week's Guest: Nathan Turner, The Canadian Note Guy(00:24) - What is Note Investing? Nathan Explains His Niche(02:07) - Nathan's Start: Fix and Flips Across Canada(04:24) - From Flipping to a Failing Rental: Nathan's Pivot(07:58) - Transition to Notes: Accidental Seller Financing(08:12) - How Nathan Finds and Buys Notes(09:15) - Evolution From Non-Performing to Performing Loans(10:16) - Building Trust Through Networking in Note Investing(11:59) - Using Discounts to Determine Note Profitability(13:44) - Why Short-Term or Long-Term Notes Are Preferred(14:19) - Common Buyer Profiles in Seller Financing(15:04) - How Nathan's Fund Works and Investor Returns(16:18) - Default Handling and Creative Restructuring Options(18:44) - Mattias' Personal Seller Finance Deal Story(20:20) - Selling Notes as an Alternative to Refinancing(21:06) - Overleveraging Scenarios and Flexibility in Structuring(22:30) - The Limitations of Big Banks vs. Creative Note Deals(24:10) - Nathan's Role as a Backend Buyer of Notes(24:52) - Market Comparison: 2008 vs. Now(26:53) - How COVID and Hedge Funds Affected the Note Space(29:00) - Shift to Performing Loans: Better for Investors(31:38) - Mortgage Defaults Rising? Industry Perspectives(33:38) - Government Intervention and Foreclosure Backlogs(34:32) - Navigating Today's High Mortgage Payments(34:56) - Notes in an Uncertain Market: Resistant Not Recession-Proof(36:30) - Accredited Investors and Fund Eligibility Explained(37:21) - How Diversifying with Notes Works for Agents(38:11) - Notes vs. Syndications: Passive Income Comparison(39:17) - How Notes Protect Against Housing Price Drops(39:52) - Vetting the Fund vs. Vetting the Deal(41:32) - Retirement Accounts and Note Investing(42:27) - The History and Simplicity of Note Investing(43:59) - Perseverance in Business: Nathan's Final Wisdom(44:19) - Book Recommendation: Invest in Debt by Jimmy Napier(45:10) - Connect with Nathan: earnestinvesting.com(45:59) - Outro: Thanks for Tuning In!Contact Nathan Turnerhttps://earnestinvesting.com/For more innovative ways to reach your holistic wealth, visit https://reiagent.com

In this engaging conversation, Stephen Schmidt interviews Keith Lorigan, a seasoned mortgage broker, about the intricacies of lending for real estate investors. They discuss Keith's journey into the mortgage business, the importance of understanding the mortgage landscape, and the caution needed when considering refinancing. Keith shares insights into the history of 30-year mortgages, alternative loan products, and the debate between renting and owning property. The discussion also highlights the power of compounding interest and the long-term benefits of holding real estate investments. Keith emphasizes the importance of making informed financial decisions and encourages listeners to explore real estate as a viable investment option. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

On this episode of The Smart Property Investment Show, host Phil Tarrant marks a decade of guiding investors through market shifts, joined by the Mortgage & Finance Association of Australia CEO, Anja Pannek, to discuss the vital role of mortgage broking. The discussion focuses on the vital role of mortgage brokers in Australia, particularly in the evolving property market, including challenges such as COVID-19 and shifts in mortgage regulation. Mortgage brokers now handle nearly 77 per cent of loans, up from 50 per cent in 2010, thanks to their consumer-first approach and stringent regulation. Brokers provide essential services, such as refinancing, debt consolidation, and financial guidance, particularly during periods of fluctuating interest rates. Despite media misconceptions, mortgage brokers boost competition and choice, benefiting borrowers; with market share expected to surpass 80 per cent, they remain essential partners offering personalised support and lender access. The duo encourages investors and aspiring brokers alike to leverage their expertise to navigate the complex mortgage landscape confidently. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

In this conversation, Dylan Silver interviews Eric Mitchell, a lending expert and author of 'The Why of Money.' They discuss Eric's journey into real estate, the nuances of lending, the importance of specialization, and innovative strategies for navigating the real estate market, particularly for new investors. Eric shares insights on construction loans, risk management, and how to leverage cash-out refinancing effectively.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode of Money Donuts, the hosts are joinedby Comprehensive Lending Specialist Heather to dive into the world of auto loanrefinancing. Whether you're curious about lowering your interest rate,adjusting your monthly payment, or just want to learn how refinancing works,this podcast has you covered. Heather walks us through the ins and outs ofrefinancing an auto loan at Royal Credit Union, including when it might makesense to refinance.

In this episode, Kirsten Flory discusses effective strategies for building wealth, focusing on three key areas of income: primary job, long-term savings, and passive income.  She emphasizes the importance of creating passive income through skills, online sales, and real estate investments.  Kirsten shares personal experiences with utilizing home equity and refinancing, highlighting how to leverage home ownership for financial growth.   Key Takeaways: Building wealth is a common concern, especially among women Focus on three areas of income: Primary job, long-term savings, and passive income Passive income can be generated through skills, products, or investments Selling online is a viable way to create additional income Real estate can serve as a powerful passive investment strategy Understanding home equity is crucial for financial growth Asking questions is essential in the wealth-building process Refinancing can lower monthly payments and provide funds for investments Investing in a home can be a first step towards real estate investment Wealth building provides choices and opportunities for creativty and community support Kirsten Flory is the President & CEO of Foundations Commercial Real Estate and host of The Small Business Mindset www.kirstenflory.com

What if we told you your loyalty to your bank could be costing you thousands… and your bank is hoping you never notice? By popular demand, Jaclyn Walsh from Zella Money is back to chat why refinancing could be the sneaky power play your bank really hopes you don’t make. We’re breaking down how it works, when it’s worth it, and why a mortgage broker might be your secret weapon to getting the best possible loan for you. Whether you’re looking for a better rate, more flexibility, or just want to stop donating extra cash to your bank each month, this episode has everything you need to know. In This Episode:

In this week's episode of Beer and Money, Ryan Burklo explains the concept of mortgage recasting — a lesser-known alternative to refinancing. He walks listeners through a scenario in how this process works. While not available through all lenders (especially federal loans), mortgage recasting can be a valuable strategy for those looking to improve cash flow or prepare for retirement without refinancing at a higher interest rate. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Definition of mortgage recasting Recasting provides an alternative to refinancing  Recasting keeps your interest rate intact There are restrictions depending on your individual situation Chapters 0:00 Understanding Mortgage Recasting 2:49 Practical Applications and Benefits of Recasting  

Interview with Walter Coles, Executive Chairman of Skeena Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/skeena-resources-tsxske-fully-funded-high-grade-gold-poised-for-production-5657Recording date: 29th May 2025Skeena Gold & Silver is developing the Eskay Creek Mine in British Columbia, positioned to become one of the world's largest gold-silver mines when production begins in early 2027. This project represents a compelling investment opportunity with exceptional economics, significant upside potential, and multiple near-term catalysts that could drive substantial share price appreciation.The project's economics are truly remarkable. At $3,200/oz gold price, Eskay Creek boasts an after-tax NPV of $4.5 billion and an extraordinary 72% internal rate of return. This translates to a payback period of just over six months on the $700 million construction cost. Most impressively, Skeena's all-in sustainable cost per ounce is projected at less than $600 for the first six years of production, compared to approximately $1,700 for major producers like Barrick and Newmont. "We have a project that's super super low on the cost curve, enormously profitable per ounce of production.", explains Coles. This cost advantage creates exceptional profit margins even at much lower gold prices.Skeena has secured comprehensive financing through Orion Resource Partners, removing a major uncertainty that typically impacts junior developers. The $750 million package includes equity, a gold stream, and debt facilities. Since announcing this funding, Skeena's stock has nearly tripled from around $6 to $17 Canadian. The company is now exploring refinancing options to reduce its cost of capital as the project de-risks.Beyond the base case, Skeena is advancing several value-enhancement initiatives. The company plans to extend the mine life from 12 to 15-16 years by incorporating the high-grade Snip deposit and the Albino Lake waste facility. Additionally, Skeena has identified significant antimony, lead, and zinc content worth potentially 2.2 million tons of waste tailings that could be recovered with minimal additional costs.Investors can look forward to several near-term catalysts such as final permits expected in Q4 2025, refinancing of the Orion loan facility in Q1 2026, updated feasibility study in the first half of 2026, and production commencement in early 2027.Skeena's partnership with the Tahltan First Nation adds another layer of strength to the project. The company signed the first agreement in Canada giving a First Nation formal consent rights over a mining project, creating a true partnership that reduces social and political risk factors.For investors seeking exposure to precious metals with significant upside potential, Skeena offers a rare combination of exceptional grade, economics, and execution capability in a tier-one jurisdiction. As the company advances toward production and begins generating substantial cash flow, the valuation gap with producing peers is likely to close, potentially delivering substantial returns to investors who position themselves ahead of these developments.View Skeena Gold & Silver's company profile: https://www.cruxinvestor.com/companies/skeena-resourcesSign up for Crux Investor: https://cruxinvestor.com

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm  

Joining us today is Chris Litzler, Senior Managing Director at Marcus & Millichap, for an insider look at the current state of real estate capital markets. We dive into the world of refinancing and acquisition lending. With interest rates significantly higher than just a few years ago, most refinancing today is "involuntary." Listen in to hear Chris explain what passive investors should be looking for in real estate deals, the growing role of private credit funds, and more! If you like this episode, here are more episodes we think you'll enjoy: Ep #534 - Russ Morgan – Becoming a Better Investor: What to Pay Attention to and What to Ignore Ep #532 - David McAlvany – Recession and Reindustrialization: Investing Wisely in a Time of Transformation Ep #527 - Marcus Crigler – Real Estate Investing and Profit Retention For 2025 Check out the show notes for more information! P.S. Whenever you're ready, here are some other ways I can help fast track you to your Freedom goal (you're closer than you think): 1. Schedule a Call with My Team: If you'd like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you'll have the opportunity to attend one of our upcoming member events as a guest. 2. Get Your Dentist Retirement Survival Guide: The winds of economic change are here, and now is the time to move to higher ground. This guide gives you the steps to protect your retirement, your family, and your peace of mind. Get the 25-point checklist here.   3. Get Your Free Retirement Scorecard: Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

What is quantitative modeling and what does it have to do with real estate investing? More than most people realize. In this episode, Jeannette Friedrich is joined by finance professor and former Federal Reserve fellow David Leather to break down the world of quantitative modeling - what it is, how it evolved, and why real estate investors should be paying closer attention to it in 2025 and beyond. From office-to-residential conversions to interest rate predictions, this conversation offers a smarter way to think about risk, returns, and real estate strategy. Guest: David Leather, Assistant Professor of Finance & Real Estate, Chapman University Key Takeaways: What quant modeling really means Learn how quantitative finance evolved and how it applies to modeling asset prices, portfolios, and even real estate cap rates in a changing economy. How real estate is catching up Why improved data availability is making it possible (and necessary) to apply quant techniques in real estate decision-making. The future of office buildings What signals could indicate a return-to-office trend, and the economic and architectural hurdles behind converting office assets to multifamily housing. Affordable housing strategies How spatially targeted LIHTC policy could be optimized—and why more conversions aren't happening without government support. Refinancing in a tough lending environment Practical advice for investors with development loans maturing in the next few years—and the risks of waiting too long to refinance. Reading the Fed and the rates What investors should track to anticipate shifts in interest rate policy and private debt market conditions. A practical alternative to homeownership Why REITs may be a smarter investment than owning a home in high-cost markets like Southern California. This episode is for any investor who wants to think more rigorously—and more strategically—about what drives real estate performance today. Timestamps 00:00 Introduction to Quant Modeling 00:18 Meet David Leather: Finance and Real Estate Expert 01:29 Understanding Quantitative Modeling in Real Estate 05:18 The Office Sector and Real Estate Conversions 09:03 Affordable Housing and Policy Recommendations 19:15 Lightning Round and Final Thoughts Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *

In this powerful episode of the Jake & Gino podcast, we're joined by Rob Finlay—serial entrepreneur, founder of 30 Capital, and author of Beyond the Building and Hey Dad. Rob dives deep into commercial real estate debt strategy, the importance of tracking OKRs and KPIs, and the long-term thinking that separates real estate professionals from amateurs.But this conversation doesn't stop at business. Rob also opens up about parenting adult children, financial literacy, and the “green gas” phone call that inspired his latest book, Hey Dad, a must-read for any parent raising self-sufficient young adults in today's world.Whether you're a multifamily investor looking to improve your financial game or a parent preparing your kids for life, this episode delivers hard-earned insights from one of the best in the business.Get the books:Hey Dad: https://heydadbook.comConnect with Rob FinlayWebsite: https://robfinlay.comInstagram & more: @robfinlay   Chapters:00:00 - Introduction  04:54 - KPIs & OKRs Explained (with Chick-fil-A References)  14:47 - Smart Leverage & Exit Strategies  18:15 - How New Investors Should Think About Equity, Recycling Deals, and Exit Strategies  21:41 - Refinancing vs. 10-Year Lockups  29:24 - The 2021–2022 Bridge Debt Trap  32:49 - Hey Dad: The Gas Pump Phone Call That Started It All  39:46 - Real Parenting Talk: Teaching Independence Through Exposure  43:05 - Kids & Money: Raising Financially Literate Adults  49:34 - Gino Wraps it Up  We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

In this engaging conversation, Catherine and Sean discuss various topics ranging from the challenges of rainy weather and lawn care to the complexities of refinancing a mortgage. They share their experiences building a deck for the PGA Tour and attending the event, highlighting the unique atmosphere and high costs associated with golf tournaments. The discussion then shifts to NASA's ambitious plans for construction on Mars, exploring the implications of space exploration and the future of living on other planets. Throughout the conversation, they reflect on personal experiences and broader themes of exploration, innovation, and the human condition. In this conversation, Sean and Catherine explore the nuances of emotional states, particularly focusing on feelings of being in a 'funk' and the pressures of responsibility that come with business ownership. They discuss the impact of ADHD on Sean's ability to manage tasks and responsibilities, and how this can lead to feelings of being overwhelmed. The importance of finding hobbies and community support is emphasized as a way to alleviate stress and provide a mental break. The conversation concludes with reflections on the cyclical nature of life and business, recognizing that periods of struggle are often followed by growth and renewed energy.

In this episode, Craig Shapiro discusses the current state of the equity market rebound, focusing on the impact of political changes, particularly the Trump administration's policies, on market dynamics. He delves into the bond market's reactions, the challenges of refinancing national debt, and the implications of tariffs on the economy. The conversation highlights the complexities of navigating the financial landscape amidst evolving political and economic conditions. In this conversation, Craig Shapiro discusses the current economic landscape, focusing on the uncertainty surrounding market reactions, particularly in the context of retail and small businesses. He highlights the challenges faced by small businesses in accessing credit and competing with larger corporations. The discussion also touches on future growth prospects, geopolitical dynamics, and the implications of U.S. economic policies on global capital flows and investment trends. Shapiro emphasizes the potential for a slowdown in economic growth and the impact of tariffs on foreign investment in U.S. assets.This episode of Mining Stock Daily is brought to you by... Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.calibremining.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

Connect with Lauryn: https://www.lauryn-williams.com/ Student Loan Planner: https://www.studentloanplanner.com/ In this episode, T.J. van Gerven and Lauryn Williams discuss the complexities of managing student loan debt, including public service loan forgiveness, income-driven repayment plans, and the implications of recent policy changes. Lauryn shares her personal journey from being an Olympian to becoming a financial planner, emphasizing the importance of understanding one's unique financial situation. The conversation covers various strategies for managing student loans, the risks of refinancing, and the impact of marital status on repayment plans. Listeners are encouraged to take proactive steps in their financial planning to optimize their student loan situations. Takeaways Lauryn's journey from athlete to financial planner highlights the importance of financial literacy. Public Service Loan Forgiveness (PSLF) requires specific employment and payment criteria. Income-driven repayment plans can significantly reduce monthly payments based on income. Refinancing student loans can eliminate federal protections and benefits. Married couples should consider filing separately to optimize student loan payments. Tax implications of student loan forgiveness can be substantial and should be planned for. Understanding the different types of student loans is crucial for effective management. Proactive financial planning can lead to significant long-term benefits. Consulting with a financial advisor can provide personalized strategies for student loan management. Staying informed about policy changes is essential for effective financial planning. Chapters 00:00 Introduction to Student Loan Management 02:45 The Journey to Financial Planning 05:46 Understanding Public Service Loan Forgiveness (PSLF) 08:25 Income-Driven Repayment Plans Explained 11:31 Navigating Changes in Student Loan Policies 14:05 Refinancing vs. Consolidation of Student Loans 16:56 The Impact of Student Debt on Young Professionals 19:53 Choosing the Right Repayment Plan 20:37 Understanding Student Loan Payments and Interest 23:15 Marital Status and Student Loan Repayment Strategies 26:12 Tax Implications of Student Loan Forgiveness 28:23 Personalized Financial Planning for Student Loans 31:39 Navigating Income-Driven Repayment Plans 33:55 Retirement Contributions and Student Loan Payments 36:55 Taking Action on Student Loan Management

Leon Wankum shares his journey from studying philosophy to becoming a property expert and Bitcoin enthusiast. He discusses the intersection of real estate and Bitcoin, emphasizing the monetary premium in real estate, the impact of the fiat system on property prices, and the social consequences of property investment. Leon differentiates between property speculation and development, highlighting the business aspects of real estate. He also compares investment yields in real estate versus Bitcoin, arguing that Bitcoin offers superior returns and flexibility as a store of value. In this conversation, Stephan and Leon discuss the evolving landscape of investment strategies, particularly the integration of Bitcoin into real estate investments. They explore the barriers that traditional property investors face when considering Bitcoin, the potential benefits of incorporating Bitcoin into investment portfolios, and the future implications for real estate if Bitcoin is not adopted. The discussion emphasizes the importance of understanding Bitcoin as a superior monetary technology and its role in counterbalancing inflation and enhancing financial strategies.Takeaways

MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Howell. They'll discuss cyclicality of credit markets, why we should think of them as a refinancing system rather than a credit origination system, and what can be learned by taking this street-smart approach to credit market analysis. https://bit.ly/42F9PsA