Value of Silver will outpace Value of Gold as precious metals skyrocket. Silver trade in a thin market. Plus Silver has investment Value as well as practical industrial Value. In 2011 Value of Silver doubled to $45 per ounce. Trading of Silver opened higher today. Start stacking Silver today.

https://youtu.be/jYV3vi-ysPk?si=oC1zFZqFGjY8B6AU

GCA Forums News – Powered by Gustan Cho Associates

• Live Docs
• Updates on Fed/DOJ Subpoena
• 2026 Outlook in Mortgage and Housing
• Midwest Immigration/Legal Issues
• Mortgage And Real Estate Industry News
• Special Edition: Rebuilding, Restructuring, and Rebranding GCA Forums

State Street TRDR S&P 500 – SPY Overview

• The State Street SPDR S&P 500 ETF Trust, a US-based fund, holds SPY. SPY is now priced at $695.42, down $0.35 (0.00%) from the previous close.
• The last recorded SPY open price was $697.10, with an intra-day volume of 61,172,165.
• SPY reached a high of $698.34 and a low of $692.56 during the session.
• The most recent price was recorded on Wednesday, January 28 at 19:15.

Rates:

• Fed funds target range: 3.50%-3.75% (FOMC held steady today)
• 10-year Treasury:4.26% (January 28, 2026)

Mortgage Rates:

• Freddie Mac weekly average (30Y fixed): 6.09% (January 22, 2026)
• Mortgage News Daily (daily snapshot): 30Y fixed ~6.16% (January 28, 2026)
• MBA survey (week ending January 16): 30Y fixed avg 6.16%

Precious Metals:

• Major-market reports on January 28 stated that “Silver opened over $112/oz today,” but reputable silver market sources listed prices between $110 and $115 per ounce.

DOJ Criminal Subpoena vs. Fed Chair Jerome Powell: What’s Confirmed-What’s Verified

• The Federal Reserve confirmed that Chair Jerome Powell received grand jury subpoenas (served on Friday) that are related to a Department of Justice (DOJ) investigation.
• Powell’s testimony regarding the Federal Reserve headquarters renovation and related documents has been the subject of multiple reports.

What The Subpoena Is (and isn’t)

• A grand jury subpoena is a formal document that requires a person to appear for testimony and/or to produce documents.
• However, it does not mean that charges will be brought.
• It suggests a quadruple zero (an Investigatory Interest) with Structured Evidence Gathering.

Regarding The Renovation Figures: $2.5B vs. $4.1B

• Most media coverage and official Fed communication reference the renovation project as ~$2.5 billion.
• There is also an online mention of budgetary losses totaling $4.1B.
• I have not found online verification for this document.
• Current Fed documents, GAO/IG reports, and major wire services do not reference $4.1B in budgetary losses or projections.

“Powell Sounded Shaken.”

• I cannot reliably assess Powell’s voice or health from video clips.
• Documented today (Jan 28, 2026), Powell chaired the FOMC meeting (rates held at 3.50%–3.75%) and indicated no urgency to lower rates.

Does This “Prove Trump’s Promise To Get Rid Of The Fed”?

Not by itself.

• A DOJ subpoena—even of the Fed Chair—doesn’t abolish the Federal Reserve or end its independence.
• Developing a Federal Reserve strategy depends on new congressional proposals and restructuring.
• Only the legislative branch can enact measures to end the Federal Reserve System; this cannot be accomplished through a subpoena.

Housing and Mortgage Forecast for 2026: Major Forecast Leaders’ Predictions

• Base 2026 Case: “slower, steadier” housing–more normal seasonality, affordability still tight, modest price growth.
• Fannie Mae 2026 Outlook: projects 30Y mortgage rates at ~6.0% and home price growth in the low single digits.
• Redfin predicts approximately 1% year-over-year median home-sale price appreciation in 2026, reflecting a “great housing reset” with only modest price increases.
• NAR: identifies existing-home sales in December 2025 as having increased, but inventory dynamics remain tight in many areas; their reports spotlight rates and inventory as the main swing factors.

What we’re seeing as of right now (late January 2026):

• Existing-home sales increased in December 2025, and the median price nationally was approximately $405,400, according to NAR.
• Pending sales were down year over year, but the narrative is “activity stabilizing as rates eased.”

Silver Surge + Dealer Shipping Delays: What’s Real And What’s HypeCurrent Silver Situation

• Today, major-market coverage has silver over $112 and is discussing it in the $110–$115+ range.

Shipping Delays (JM Bullion / Dealers)

• Retail dealers have issued operational updates citing high demand and increased processing and shipping delays during peak periods.
• Wider coverage also refers to retail stampede dynamics when prices swing.

Predictions Of $1,000/oz And $20,000/oz

These predictions are speculative and not based on consensus research. If reporting on them, present them as opinions and contrast with market fundamentals such as industrial demand, investment flows, real rates, USD, futures positioning, and physical premiums.

Checklist For Buyers Waiting On Delivery:

• Specify whether you purchased allocated/segregated metal or a regular retail order.
• Review the dealer’s “processing time” and any foreign clauses.
• Ask for a written ship-by date.
• If you paid by card and missed the deadlines, check your issuer’s chargeback window promptly.aud

“Somali involvement” + Walz/Ellison: Facts Without Scapegoating

Minnesota has recently faced large-scale fraud prosecutions, especially in the Feeding Our Future case, in which federal indictments alleged fraud involving federal meal reimbursement programs (which occurred during the pandemic). Coverage and court documents indicate that the defendants ran the organizational and individual fraud schemes from Somali-American Minnesota communities, but that does not implicate a community as a whole.

Concerning Gov. Tim Walz And AG Keith Ellison:

Reporting and political hearings focus on oversight and state response. Responsibility is determined by evidence and prosecutorial outcomes, not by ethnic background.

Minneapolis vs. ICE + the Mayor’s Rhetoric

There is substantial coverage of Operation Metro Surge and the growing confrontation between Minneapolis officials and federal immigration authorities.* Since the start of the violence in Minneapolis, officials have asked people to remain peaceful and have expressed concerns about public safety.

• Protests and political repercussions of the violence in Minneapolis are drawing national attention as the violence is described as particularly extreme.
• With regards to the claim “get the [expletive] out,” be cautious; if you do not have the language in question, you should refer to this as an unsubstantiated quote and summarize the mayor’s viewpoint minus the vulgarity.

Lawsuits and Escalation: Chicago and Illinois “sanctuary” updates

In recent months, Chicago and Illinois have sued the Trump administration concerning the immigration-enforcement tactics used in the state.

• Chicago officials have also been signaling a more aggressive approach concerning the actions of ICE and alleged violations of people’s rights.

Pam Bondi, Kash Patel, and “Anti-corruption” Leadership at DOJDOJ “Anti-Corruption”

• As a result of an internal reorganization, the DOJ more recently announced the Public Integrity section’s new structure, focusing on anti-corruption.

Pam Bondi (Attorney General) & Kash Patel (Federal Bureau of Investigation Director)

• Reporting from officials and large media outlets names Pam Bondi as the U.S. Attorney General and Kash Patel as the FBI Director; I have not seen any reporting today stating that either is “on the way out.”

The Mortgage Industry’s Self-Check: “How Are Companies Surviving?”

The industry is still functioning but operating in a more compressed margin environment. It is not uniformly collapsing.

• MBA data shows independent mortgage banks returned to profitability from loan production after losses in 2025.
• Survival now depends more on scale, purchase mix, operational efficiency, and secondary-market execution.
• Purchase demand increases when rates fall, and refinancing activity rises quickly with even slight improvements.
• The main challenges are for weaker firms with overhead built for 2020 volumes, thin pricing, high loan officer compensation, weak pull-through, high fallout, and slow operations.

How is Gustan Cho Associates doing? + Westmont Office Update

GCA FORUMS NEWS can confirm Gustan Cho Associates And Subsidiaries moved to Westmont, IL, branch address, 999 Oakmont Plaza Drive, Suite 600, Westmont, Illinois 60559 appears in multiple sources, including the BBB and Gustan Cho Associates network pages.

Positioning (for the article, safely stated):

Gustan Cho Associates and the GCA ecosystem continue to address specialty lending scenarios, including borrowers with credit events, non-QM loans, higher DTI, and self-employed solutions, while using FCA Forums as the education and community platform.

GCA Forums overview (for your “About GCA Forums News”)

Great Community Authority Forums (GCA Forums) is a fast-growing real estate and mortgage community with daily updates, news, Q&A, education, and guides—“Powered by Gustan Cho Associates”. Your properties and brand channels describe it like that, and it’s reinforced by your publishing cadence on your social networks.[mortgagelendersforbadcredit.com]

Proposed site sections for SEO:

• Daily Markets & Rates Dashboard (Fed, 10yr, mortgage averages, MBS, indices)
• Scenario Desk (FHA/VA/USDA/Conventional/Non-QM)
• Pulse on the Housing Market (local inventory, pending sales, price indices, and other spotlights)
• Fraud & Compliance (neutral tone, primary sourcing)

NEXA Mortgage and the broker industry

NEXA is often mentioned in industry media as a big broker shop, though they also seem to have major internal/legal disputes that have been covered in mortgage trade publications.

For your purposes: distinguish platform scope (size). For your analysis, distinguish between platform scope (recruiting network size, loan officer network, wholesale reach) and headline risk (legal and reputational issues). financing rates

Auto financing with high APRs continues to limit affordability, even as inventory normalizes.

• Recent trackers show new-car APRs in the mid- to high-single digits, and used-car APRs are often higher, depending on credit tier and term.
• The 2026 forecast commentary focuses on demand expected to be sensitive to rates, used prices, and inventory.

How is Trump doing with Voters, CEOs, and Politicians?

Poll results change rapidly, but recent national surveys show polarized approval, with the economy and immigration enforcement as the main factors shaping public perception. Current online discussions are contentious regarding the subpoena scope for Powell, the $4.1B renovation, the ‘open’ silver price, and possible resignations. The most careful position for GCA Forums News is:

“What is confirmed, what is alleged, and what would need to be the case.”

Exciting Changes Coming to GCA Forums: A New Era Begins

We are thrilled to announce a transformative rebirth of our community platform. GCA Forums is embarking on an ambitious journey to rebuild, restructure, and rebrand, enhancing your experience while strengthening our position as the premier community hub for mortgage, real estate, and financial services discussions.

New Name, A Stronger Mission

The most significant change you’ll notice is our evolution from “Great Community Authority Forums” to “Great Community Authority Forums.” This isn’t just a name change—it’s a reflection of our deepened commitment to you, our community members. While content has always been important, we recognize that the true value of GCA Forums lies in the incredible community of homebuyers, real estate professionals, mortgage experts, and industry veterans who share their knowledge, experiences, and support here every day.

As always, GCA Forums remains proudly powered by Gustan Cho Associates, and this rebranding strengthens our role as the central community hub connecting all Gustan Cho Associates subsidiaries and the people they serve.

Rest assured, our web address remains the same: http://www.gcaforums.com. You’ll find us exactly where you’ve always found us, but with a renewed focus on what matters most—building genuine connections and fostering meaningful conversations that help people achieve their homeownership and financial goals.

What’s Driving This Transformation?

Over the years, we’ve watched this community grow from a simple discussion board into something far more meaningful—a place where first-time homebuyers find guidance from those who’ve walked the path before them, where mortgage professionals exchange insights on complex scenarios, where real estate investors discover opportunities, and where anyone seeking financial clarity can find trustworthy answers.

The shift from “Content” to “Community” in our name honors the relationships, conversations, and shared experiences that make GCA Forums special.

This transformation recognizes that evolution. We’re not just hosting content anymore; we’re cultivating a thriving community where every voice matters, every question deserves a thoughtful answer, and every member contributes to our collective knowledge.

Building a Unified Digital Ecosystem

One of our primary goals with this rebuild is to create seamless connections between GCA Forums and the entire Gustan Cho Associates family of companies. We want you to experience the full value of our ecosystem, whether you’re seeking community support, professional services, educational resources, or expert guidance.

You’ll soon see enhanced integration across all our digital properties. The forum will serve as the beating heart of the Gustan Cho Associates network, with easy navigation to our subsidiary brands and services when you need them.

At the same time, visitors to any Gustan Cho Associates website will discover clear pathways to join our vibrant community discussions. This unified approach means you’ll have access to comprehensive support—from the peer-to-peer wisdom shared in forum threads to professional services delivered by our licensed experts, all within an interconnected network designed to serve your needs at every stage of your financial journey.

GCA Forums: Complete Brand Refresh

We’re creating a comprehensive new brand identity that will be instantly recognizable across every platform where you interact with us. This includes a refreshed visual design, updated logo, consistent messaging, and a cohesive look and feel that will extend across our website, social media channels, email communications, and all digital touchpoints.

You’ll notice we’re developing a detailed “About GCA Forums” page that clearly articulates our mission, showcases our diverse forum topics, explains our moderation philosophy, outlines our commitment to compliance and ethical standards, and illustrates how GCA Forums fits within the broader Gustan Cho Associates ecosystem.

This page will serve as your comprehensive introduction to who we are, what we stand for, and how we’re here to serve you.

Our brand consistency efforts extend beyond aesthetics. We’re ensuring that our business information, contact details, social media profiles, and organizational structure are presented identically across all platforms. This consistency builds trust and makes it easier for you to recognize and engage with official GCA Forums content wherever you encounter it online.

Technical Excellence and Search Visibility

Behind the scenes, we’re implementing sophisticated technical improvements designed to make GCA Forums faster, more discoverable, and easier to use. We’re optimizing our site architecture to ensure logical navigation, implementing advanced schema markup that helps search engines understand and showcase our content, and enhancing page load speeds so you can access the information you need without frustrating delays.

Our search engine optimization strategy focuses on making GCA Forums the first place people find when they’re searching for answers about mortgages, real estate, credit building, and financial services.

We’re targeting the questions people are actually asking, creating comprehensive resources that genuinely help, and building signals of authority that demonstrate our expertise and trustworthiness to search engines. These technical improvements aren’t just about rankings—they’re about ensuring that when someone desperately needs guidance on a complex mortgage scenario at midnight, or when a professional seeks insights on a challenging client situation, they find our community and the valuable discussions happening here.

Elevating Content Quality and Expert Engagement

We’re launching a formal Expert Contributor Program to recognize and highlight the knowledge shared by licensed professionals, experienced investors, and industry veterans in our community. You’ll see expert verification badges, featured expert question-and-answer sessions, and increased visibility for answers provided by credentialed professionals.

GCA Forums Expert Contributor Program doesn’t diminish the value of peer-to-peer advice—some of the most valuable insights come from people sharing their personal experiences.

Rather, it helps members quickly identify when they’re receiving guidance from someone with professional credentials versus someone sharing their personal journey, so you can weigh the information appropriately based on your needs. Our content strategy will include themed weekly discussion prompts to spark engaging conversations, monthly expert sessions where you can ask questions directly to industry professionals, quarterly trend reports keeping you informed about market developments, and spotlight features on the various Gustan Cho Associates subsidiary brands and the specialized services they provide.

Case Scenario Desk & Underwriting Help Desk

The New & Improved Rebranded GCA Forums will have case scenario desk for unique case scenarios on business and commercial loans as well as a underwriting help desk for those who want to run by a case scenarios on FHA, VA, USDA, Fanne Mae, Freddie Mac, or Non-QM loans. GCA Forums will become not just an online discussion platform, but a movement—a community that genuinely changes lives by democratizing access to expert knowledge and peer support.

Take a look at the restructured and reformatted business directory, wholesale lending directory, and classified ad sections. Our directories and classified ads is different than others because GCA Forums is on top of its marketing and management and is SEO driven.

We’re also implementing enhanced moderation protocols to ensure every legitimate question receives a timely, helpful response. Our commitment is to maintain rapid response times, verify critical financial and legal information shared in discussions, monitor for compliance with industry regulations, and foster a positive, supportive community culture where everyone feels welcome to ask questions and share knowledge.

Creating Engaging Community Experiences

To make participation more rewarding, we’re introducing gamification elements, including a reputation points system that recognizes helpful contributions, achievement badges for various milestones and activities, progressive member levels from newcomer to community leader, and a “Best Answer” recognition system that highlights particularly valuable responses to questions.

These features aren’t about creating competition—they’re about celebrating the generosity of spirit that drives people to share their knowledge, support fellow members, and contribute to our collective wisdom. When you take time to write a detailed answer that helps someone navigate a complex situation, that deserves recognition.

We’re also developing a robust resource library featuring downloadable guides on key topics, video tutorials explaining complex concepts, visual infographics that make information accessible, interactive mortgage and financial calculators, and a comprehensive glossary of industry terminology. These resources will complement our discussion forums, giving you multiple ways to learn and find the information you need.

Strengthening Connections Across the Gustan Cho Associates Network

Every Gustan Cho Associates subsidiary will have dedicated forum categories where you can discuss topics specific to those services. The integration will be seamless—when you’re on any subsidiary website and have a question, you’ll see clear pathways to direct it to the relevant forum community. Conversely, when forum discussions reveal that a member needs professional services, we’ll make it easy to connect with the right experts.

We’re creating visual representations of our brand architecture that clearly show how GCA Forums serves as the community hub connecting all Gustan Cho Associates entities.

This transparency helps you understand the full scope of resources available to you and navigate easily between community discussions and professional services as your needs evolve. The goal is to create an ecosystem where information flows naturally, where the wisdom shared in forum discussions informs the services our professionals provide, and where the expertise within Gustan Cho Associates enriches the community conversations happening in our forums.

Launch Timeline and What to Expect

This transformation is happening in carefully planned phases over the coming weeks and months. We’re beginning immediately with the foundational brand work—establishing our new identity, developing the comprehensive About page, implementing technical schema markup, and ensuring brand consistency across all our digital properties.

In the following weeks, you’ll see technical infrastructure improvements, site architecture optimization, enhanced navigation, and internal linking strategies that make it easier to find related discussions and resources.

We’re conducting thorough audits to identify and fix any technical issues, implement proper redirects where needed, and ensure the site performs optimally on all devices. Simultaneously, we’re developing the content strategy, launching the expert contributor program, creating the engagement framework, and building the resource library. You’ll start seeing more structured content alongside the organic community discussions that make our forums valuable.

GCA Forums Updates

As we approach the official launch of the rebranded platform, we’ll roll out marketing communications to spread the word about the new GCA Forums. You can expect email announcements explaining the changes, social media campaigns showcasing the improvements, special launch events and activities, and opportunities to provide feedback on the new experience.

It means accessing a growing library of resources that help you learn at your own pace. It means being part of a recognized, respected community with influence in the mortgage and real estate industries.

Following the launch, we’ll enter a period of ongoing measurement and optimization. We’ll be closely monitoring how the changes are received, gathering your feedback, tracking performance metrics, and continuously refining the experience based on what we learn. This isn’t a one-time project—it’s a commitment to perpetual improvement in service to our community.

Great Community Authority Forums: Long-Term Vision

Looking beyond the initial launch, we’re planning significant content expansion efforts, including comprehensive ultimate guides on core topics, regular updates to keep information current, expanded video and visual content, enhanced tools and calculators, and potentially even mobile app development as our community grows.

We’re exploring partnerships with complementary organizations to bring you guest experts, co-branded educational webinars, expanded resources, and broader perspectives on the topics that matter to you.

We’re committed to building our reputation as the definitive community for mortgage and real estate discussions, recognized throughout the industry as the place where the most valuable conversations happen. We envision annual community events, regional meetups in major markets, virtual networking opportunities, comprehensive educational webinar series, and possibly even certification programs for professionals looking to deepen their expertise.

Why This Matters to You

You might wonder what all this means for your day-to-day experience as a GCA Forums member. Simply put, it means a better, more valuable, more enjoyable community experience. It means finding answers faster when you have urgent questions. It means connecting with verified experts who can provide credentialed guidance on complex situations.

It means your voice and your experiences contribute to a body of collective knowledge that helps countless others navigate their own journeys toward homeownership and financial wellness.

Most importantly, it means you’re not alone in your journey. Whether you’re a first-time homebuyer feeling overwhelmed by the process, a homeowner facing unexpected challenges, a professional seeking insights to better serve your clients, or an investor looking for your next opportunity, you have a community standing ready to support, guide, and celebrate with you.

Your Role in This Transformation

While we’re doing the heavy lifting on the technical and strategic elements of this rebrand, the ultimate success depends on you—our community members. The most valuable aspect of any community forum isn’t the technology or the branding; it’s the people who show up, ask questions, share experiences, offer advice, and support one another.

As we roll out new features and capabilities, we encourage you to explore them, experiment with them, and provide feedback. Tell us what works well and what could be better.

We invite you to continue being the generous, knowledgeable, supportive members you’ve always been. Keep asking your questions, no matter how basic you think they might be—someone else has the same question and will benefit from the discussion. Keep sharing your experiences, both successes and setbacks, because real stories from real people are more valuable than any textbook explanation. Keep offering advice and encouragement to fellow members, because your perspective matters and your support makes a difference.

Staying Connected During the Transition

Throughout this transformation, we’re committed to maintaining transparent, regular communication. You’ll receive email updates at key milestones, see announcements here in the GCA Forums News section, find information on our social media channels, and have opportunities to ask questions and share concerns.

Suggest improvements, report issues, and help us understand how to make GCA Forums serve your needs most effectively. This is your community, and your input shapes its evolution.

We expect the transition to be smooth, but if you encounter any issues or have questions about the changes, our support team will be readily available to assist. We value your patience and understanding as we work to deliver an improved experience.

Our web address, http://www.gcaforums.com, remains unchanged, so you can always find us at the same location you’ve bookmarked and trusted. Your account, post history, and reputation carry forward—none of your contributions are lost in this transition.

A Heartfelt Thank You

None of this would be possible without the incredible community that has grown around GCA Forums. To every member who has asked a question, shared an answer, offered encouragement, or simply read and learned from the discussions happening here—thank you.

To the first-time participants who nervously post their initial questions, bringing fresh perspectives and reminding us why this community exists—welcome, and thank you for trusting us with your concerns and dreams.

You’ve built something special, and this rebrand is our commitment to honoring that by providing the platform, resources, and support your community deserves. To the experts who generously share their professional knowledge, helping members navigate complex regulations, understand nuanced scenarios, and make informed decisions—your contributions are invaluable, and we’re honored to provide a platform for your expertise.

Looking Forward Together

The transformation from Great Community Authority Forums to Great Community Authority Forums represents more than a rebranding—it’s a recommitment to the values that have always defined us. It’s a recognition that our strength lies in our connections, our diversity of perspectives, our willingness to learn from one another, and our shared commitment to helping people achieve their goals.

As we move forward into this exciting new chapter, we do so with gratitude for what we’ve built together, enthusiasm for what we’re becoming, and confidence that the best days of GCA Forums lie ahead.

We’re not just changing our name; we’re elevating our mission, expanding our capabilities, and deepening our service to you.

The rebuild is underway. The restructuring is happening. The rebrand is coming. And through it all, the heart of GCA Forums remains unchanged—a community of people helping people, powered by the expertise and commitment of Gustan Cho Associates, dedicated to making the complex world of mortgages, real estate, and financial services more accessible, understandable, and navigable for everyone.

Welcome To The New & Improved Rebranded GCA Forums-Great Community Authority Forums: Powered By Gustan Cho Associates

Welcome to the new era of GCA Forums—Great Community Authority Forums. We’re building it for you, with you, and because of you. Together, we’re creating something truly remarkable.

Stay tuned for more updates as we progress through each phase of this transformation. The journey is just beginning, and we’re honored to have you with us every step of the way.

The GCA Forums Team

Powered by Gustan Cho Associates

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Chase, my long-coat black and red German Shepherd adolescence pup was born on January 25th, 2023. I purchased Chase on September 12th, 2023 when he was eight months old. I was searching Long-Haired German Shepherd dogs on Hoobly (highly recommend this website if you are shopping for dogs) and found Dan Ivenovic, a breeder of German Shepherd and Doberman Pinschers – all German bloodlines and exotic rare long hair French Bulldogs). Dan Ivenovic is based in Deerfield, Illinois, which is 30 minutes from where I live. I talked back and forth with Dan Ivenovic for a few days over the phone about maybe getting two long-coat German Shepherd dogs and a time and date for seeing the dogs. On September 12th, 2023, Dan said he can drop the dogs to may house to see them and if I like them, I could purchase them. I told him that I just want one German Shepherd dog because the German Shepherd I am buying will be my 12th dog so just to bring one. Just so everyone knows, I do have 12 dogs and they are all inside dogs. At the time my wife and I had 11 dogs (Dog #1 Female Pit Bull that was a rescue where I had to adopt or the previous owners were moving to Florida and could not take her and a male Pitbull. The male Pit Bull, my friend and fellow loan officer Jose Morales adopted. Dog #2: Stella is a 8 year old grey female Standard Poodle who is a rescue. Stella and dozens of dogs were confiscated from a large puppy breeding mill by the Sheriff’s Department in Central Wisconsin. Stella was abused, undernourished, and was about to get transported to a kill county animal shelter. Dog #3: Four year-old French Bull Dog – Adopted last year from Highland, Illinois. Dog # 4: Five-year old four pound toy poodle. Dog #5: Five-year old five pound Yorkshire Terrier. Dog #6 and Dog #7: Five year old Boston Terrier brothers. Dog #8 eleven year old toy poodle. Dog #9: Five-year old toy poodle. Dog #10: Six-year old Schiz Szu-Pomeranian mix. Dog #11: Six-year old three pound Chihuahua. Chase makes it dog #12). So, when I adopted Chase, he was eight months old. He was very skittish, was not leash trained, was semi-potty trained, did not know how to sleep on a dog bed, did not know nothing about toys, did not know how to walk and down the stairs, did not know human food, ice cream, or treats, did not know how to walk into different rooms through a door, did not know how to get in and out of my truck, and did not know many things a normal eight month dog should know. I had to take him to the vet every other week because of warms and a stomach parasite which took six months to treat. Anyways, I spent a lot of time with him. Taught him the basics, took him for rides, introduced him to toys, and soon he started coming around. All his four-legged furry brothers and sisters eventually welcomed Chase into their group and he became part of the family. We also have three unfriendly skittish rescue cats. Chase gets along with everyone and doesn’t mind the little ones snapping at him or disrespecting him by stealing his toys or food. Eventually, Chase choose a red 16 inch ball as his favorite toy. He brings his red ball throughout the day to take him out to play fetch. I disregard him many times because I am in the middle of something to do for work. He then picks up his ball and drops it to me. He continues to do this half a dozen times and if I disregard him, he will pick up his red ball and throws it to me. I ignore him, his next move is he will pick up his red ball and hands it to me and while he is doing so, you can see the whites of his eyes. NOW, HOW CAN I SAY NO TO HIM. I then change my clothes to take him out so we can play catch one on one. I need to take him out of the house to play fetch because if I take home to the back yard, we get disrupted from the other dogs. When we both had enough, we both go back in the house. Not once does Chase let his red ball out of the house. I bought other similar balls for Chase but he only wants his beat up red ball. The point for this story is you will see pictures of Chase and most pictures Chase has his red ball

with him. German Shepherds are the best dog breed I have had. My first dog, Jeannie, was a female German Shepherd I had when I was a freshman in high school. My best friend, loyal, and was always with me wherever I went. I will save that story for a different separate thread. I highly recommend German Shepherd breed for those people who want to get a dog for their family. Many people think German Shepherd dogs will not get along with small dogs, cats, and children. NOT TRUE. I will explain my interactions with other people when I have Chase with me on separate posts. Here are some more photos of Chase.

• This discussion was modified 1 year, 8 months ago by  Gustan Cho.

GCA Forums News for Wednesday, April 22, 2026

In today’s edition, we dive into the unfolding Iran crisis, surging oil prices and inflation, shifting mortgage and housing demand, market swings, and the latest headlines about President Trump.

Ceasefire announcements have done little to slow the rise in fuel, mortgage, and stock prices.

President Trump now faces growing costs and economic challenges as oil prices rise amid fragile Middle East ceasefires. Iran’s recent ship seizures and gunfire in the Strait of Hormuz threaten this important oil route, raising fears of bigger supply problems. The U.S. is working to stabilize oil, bond, and stock markets amid inflation driven by the conflict.

Trade Through The Strait of Hormuz

Trade through the Strait of Hormuz is very important to the global economy. The United States wants to keep oil, bond, and stock prices under control for consumers while dealing with tensions with Iran.

Despite President Trump’s ceasefire extensions, the conflict shows no signs of ending. KS rose today, but markets remained volatile as investors doubted the ceasefire’s impact amid ongoing supply disruptions from the Iran conflict.

According to Reuters, oil is the biggest economic risk from the Iran conflict. Reuters says oil prices were volatile today as traders weighed ceasefire news against new ship seizures and supply concerns.

Crude Oil Prices

The conflict has pushed crude prices up by over 30% and raised gasoline prices above $4 per gallon nationwide, increasing fuel, grocery, and travel costs for Americans. This rise is the largest in nearly 4 years, mainly due to higher gasoline and diesel prices linked to the Iran conflict. This trend has made inflation a major concern, not just in the United States but worldwide, as higher energy costs directly affect household budgets and increase inflation risks.

Interest Rate Forecast

About a third of economists expect interest rates to remain unchanged through the end of the year, affecting plans for homebuyers, refinancers, investors, and builders. While the Federal Reserve does not directly set mortgage rates, ongoing inflation keeps the Treasury market from giving relief to buyers, sellers, or investors anytime soon.

The 10-year Treasury Note yield is an important sign for the mortgage market. Reuters reported it was about 3.96% in late March, rising to 4.39% as hopes for Federal Reserve rate cuts soon faded.

This yield remains volatile due to changes in oil prices, inflation, and the broader economy.

According to Freddie Mac, as of April 16, the average 30-year mortgage rate was approximately 6.30%, while the average 15-year rate was 5.65%. These rates help stabilize the market and give the real estate sector more time to recover, after they rose nearly a half-point following the war in Iran.

Mortgage Rates and Home Affordability

With mortgage rates above 6%, owning a home feels out of reach for many. First-time and upgrading buyers are feeling the pressure, while those wanting to refinance are holding back. In March, first-time buyers accounted for only 32% of sales, well below the 40% level that indicates a healthy market. This trend signals a weak real estate market.

While demand remains, higher insurance costs, increased payments, and economic uncertainty are limiting activity.

The relevant index showed a 1.5% increase in March, noting that low inventory remains a big challenge for buyers. Despite what some think, demand has not fallen as much. Supply stays steady, and prices keep hitting new highs, making each price increase another challenge for buyers. With slow buying activity, a quick recovery seems unlikely.

Tariffs, Inflation, and Iran Conflict

Tariffs, inflation, and the Iran conflict make the long-term outlook uncertain, though ongoing housing shortages might keep the market going. Builders face high financing costs and uncertainty, and while the market is divided, some long-term deals may still happen. GCA Forums readers should prepare for a slow housing market with few big chances.

Losing 1.8%, the rest of the Housing Market is Still Remaining Alive

The housing market still faces challenges, but activity has not stopped. As of April 10, the Mortgage Bankers Association saw a 1.8% rise in mortgage applications, showing slow progress. Meanwhile, Reuters reports that refinance applications dropped 17.3% over the past week, and rising rates are reducing buying demand.

Very high mortgage rates are slowing the market to a crawl. Both buying and refinancing remain uncertain and react strongly to every rate change.

Fannie Mae’s outlook expects slow improvement rather than a big rebound, with more home sales and steady activity ahead.

A slow climb is expected, but the market could still be rocked by sudden volatility.

Economic Worries Fuel Declining Support for Trump

According to the Associated Press, President Trump’s support has dropped to 33%. His approval ratings for managing the cost of living and the economy are about 30% and 25%, reflecting significant public dissatisfaction.

The AP notes that many Americans view the economy negatively and see the Iran conflict as a contributing factor.

Many also blame Congress for economic issues and daily financial concerns, giving Republicans a strong chance in the 2026 midterms.

Washington Remains Engulfed in Oversight Battles, Immigration Disputes, and Deep Distrust

Beyond the housing market, Washington is mired in conflict. Reuters notes that ICE made over 800 arrests at TSA’s request, marking a drive for tougher immigration enforcement. This move has ignited debate over federal power, airport technology, and civil liberties. Meanwhile, the SCAM Act could force social media companies to crack down on fraudulent ads, offering new protections for consumers, retirees, and others vulnerable to online scams.

The Character and Competence of Kash Patel

A reliable daily news report must clearly differentiate between verified facts and unsubstantiated claims or rumors. Todd Blanche is now serving temporarily in the office. Reuters also reports congressional disputes over the Epstein files.

FBI Director Kash Patel has sued The Atlantic over comments about his conduct; while the controversy is real, the claims remain disputed.

Reports should not state as fact that anyone has committed a crime. Allegations of crimes, cover-ups, substance abuse, or misconduct should not be presented as fact without substantial evidence or official findings. Following this standard enhances the credibility, and Uncertainty rules the financial markets.

Inflated Overrated Stock Market

Stocks climbed even as oil prices swung wildly after news of a test ceasefire, according to Reuters. Persistent tensions are sending investors scrambling between energy assets and safer havens. Headlines from Iran can jolt oil prices, Treasury yields, sensitive stocks, housing, and the broader economic mood, fueling relentless volatility.

For mortgage loan officers and real estate agents, 2026 is a year of survival, not soaring sales.

Closing deals now demands extra grit as affordability shrinks, buyers grow wary, financing turns volatile, and sales volumes dip. Agents are spending more time guiding clients through payment shocks and explaining why pre-approvals offer little comfort in a market ruled by rates.

Mortgage Rate Forecast for the Rest of 2026

Forecasts show mortgage rates will remain high unless oil supplies increase significantly or inflation slows faster than expected.

Fannie Mae expects rates to stay above 6%, and a Reuters survey says a Federal Reserve rate cut is unlikely before 2026.

A big drop in mortgage rates is unlikely unless the economy gets worse or inflation slows more than expected. Professional expertise is more valuable than ever, while weak leads vanish quickly, and consumer worries about rates, jobs, inflation, and home prices ripple through business activity.

Real Estate Forecast for the Rest of 2026

The national real estate outlook remains mostly unchanged. Demand is expected to stay weak, supply may rise slightly, and existing home sales will likely stay low.

Even if mortgage rates fall, pending sales could still drop, though buyers might find some chances.

The market is not ready for a quick recovery. Well-priced homes will sell, but rate changes and overpriced listings will keep things unstable. While this is not like 2007, many Americans are still frustrated.

Final Takeaway for GCA Forums News Readers

As of April 22, 2026, the Iran crisis continues to cast a long shadow. Potential flashpoints in Mississippi loom large, and government attempts to curb inflation are fueling fresh mortgage shocks in the housing market.

President Trump faces mounting public frustration over rising living costs, tough immigration crackdowns, and relentless market swings, all of which are stirring widespread unease despite the occasional Wall Street rally.

GCA Forums News stays committed to exploring how national turmoil shapes your finances, housing, job prospects, and path to homeownership. These are the issues that matter most to our readers.

https://www.youtube.com/watch?v=GK2uTa605nE

• This discussion was modified 2 weeks, 5 days ago by  Sapna Sharma.

Property Tax Assessment Fraud Nationwide. Did the Jackson County Property Tax Assessor commit Property Assessment Fraud? Missouri orders Jackson County property tax rollback, sparking fears of budget shortfalls. What parcels are in Jackson County, Missouri? What role does a tax assessor play in determining property taxes? How do I get the extra money I paid in property taxes due to property tax assessment fraud?

https://youtu.be/sVGD2ccUiq0?si=hiyhLJZa3U-o5eyN

• This discussion was modified 1 year, 9 months ago by  Gustan Cho.

GCA Forums News: Trump and Iranian Ceasefire, Bitcoin, Mortgage and Housing Rate Markets, and a 2026 Global Growth Guide

Trump Claims, Iranian Denials, and an Inefficient Ceasefire

Ceasefire Information is Looked Upon with Skepticism

President Donald Trump is saying he has made progress with Iran on a ceasefire, and Iran is publicly disputing parts of the U.S. statements. On April 22 and April 23, Trump claimed that the ceasefire would continue indefinitely and that he was credited with the intervention of Iranian prisoners. Iranian officials have publicly rejected portions of the statements and accused Trump of lying. Reuters has said Iran is still using the Strait of Hormuz as leverage, and the U.S. is demanding the Iranian blockade remain in place in order for any meaningful negotiations to begin. Currently, the ceasefire related to Iran still appears to be formally in place, but it is of little trust.

Global Importance for the Markets, Oil, and Overall Economics

The ongoing standoff stems from the Strait of Hormuz’s strategic significance as the world’s largest chokepoint for oil transportation. Reuters reports that Iran is increasing its control over the Strait amid escalating maritime tensions. Rising oil prices and disrupted shipping are contributing to inflation in a global economy already under significant strain.

Political Tensions Mount During Trump Administration

Bondi Resigns: Todd Blanche Becomes Interim Attorney General

Pam Bondi’s resignation as attorney general marks a significant political event. Trump reportedly dismissed Bondi and subsequently appointed Blanche as the new Acting Attorney General. It later became known that Bondi’s absence was intentional during a House interview regarding the Epstein files. Thus, Bondi’s resignation is one of the first signs of the political challenges Trump’s administration is facing, amid scrutiny of the Department of Justice’s politically sensitive investigations and the president’s high-profile legal battles.

The Political Consequences Looking Into the 2026 Midterms

The political atmosphere remains highly charged and is expected to persist in this state. The upcoming midterm elections are likely to be characterized by politically motivated accusations and rumors from both major parties. Trump faces significant challenges from internal divisions within his administration, compounded by foreign policy and economic issues that contribute to perceptions of instability, diminished confidence, and a loss of control by the White House, particularly as the 2026 midterm elections approach.

Bitcoin Live: A Volatile Market

Bitcoin Leading the Market’s Risky Activities

With Bitcoin’s ongoing volatility, current trading activity suggests that Bitcoin’s ongoing volatility is reflected in current trading activity, with prices reaching $77,714. It is reported to be among the largest cryptocurrencies globally, trading 1.37% above its previous closing price. ingrained in market dynamics. Bitcoin trades more like a volatility asset rather than a safe haven. In this type of market, crypto and equities will move together and react to rapid changes driven by headlines on Iran, the Fed, or Treasury yields.

Why Bitcoin Traders are Watching Trump, Iran, and the Fed

Currently, three factors are creating the Bitcoin setup. To begin, war-induced inflation continues adding to market instability. Secondly, bond yields are persistently high, which is a significant deterrent to the willingness to take on risk. Lastly, more and more people believe that the Fed is facing more challenges. Bitcoin benefits from the expectations of cuts, but it is believed that cuts are not expected anytime soon. Recently, Reuters reported that expectations for the Fed’s decisions have been pushed out. This will lead to war-induced inflation, which will benefit Bitcoin. A high-expectations, positive outlook inevitably leads to less speculation about positive surprises.

10 Year Treasury Yields Continue to Impact the Volatility of Mortgage Rates

Pricing of Mortgages is Contained to Treasury Yield

The 10-year Treasury remains the most prominent determinant of mortgage rates, and a recent Reuters article cited that inflation concerns related to Iran have affected oil prices and sparked a significant upward shift in Treasury yields. Significant upward movements are directly correlated with mortgage rates that rise during the April-to-March period.

Homebuyers, lenders, and real estate professionals should note that as bond yields rise due to geopolitical inflation risks, mortgage rates are likely to increase as well.

Why are Bond Markets Still Nervous?

This week, bond markets have remained nervous rather than calm, even as rates have eased. According to Reuters, Treasury yield forecasts have moved even higher, and strategists expect only a limited easing. Even if the Iran conflict were to be resolved, investors are worried that market inflation expectations have been set higher for a longer period. For this reason, mortgage rates can drop one week and still remain at unacceptably high levels for…

Today’s Mortgage Rates: Some Easing, More Lessening Foreseen

30-Year Mortgage Rates for Fixed Loans Denote 6.23%

Reuters can reveal that the prime mortgage rate for a 30-year fixed loan has eased from 6.30% as of the week of April 23, 2026, to 6.23% this week. Messenger reports that, even though the rate reductions are welcome, mortgage rates remain above pre-Iran conflict levels. Reuters has also pointed out that mortgage rates were about 5.98% prior to the conflict, and the easing of those rates (even though Treasury yields and oil prices weren’t easing) was readily available.

Why Increasing Mortgage Rates is a Trouble for Borrowers

That scenario is likely because high mortgage rates can be driven by domestic inflation, not by a global geoeconomic conflict.

According to Reuters, mortgage rates are constrained from falling further due to increased instability in the Middle East.

This increases oil prices, which in turn raise Treasury yields. Mortgage lenders still may not be able to charge lower prices.

2026 Housing Demand: Remaining Demand Hesitancy

Pending Home Sales Show Improvement, But Existing Home Sales Remain Low

The U.S. housing market is exhibiting unpredictable responses. Reuters reports that pending home sales for March exceeded expectations, indicating a temporary return of buyers despite prevailing market rates.

A shortage of homes priced below $250,000 persists, and elevated mortgage rates continue to exclude many middle-class and lower-income families.

However, sales of existing homes declined by 3.6% from the previous month, reaching an annualized rate of 3.98 million, the lowest in nine months. These figures suggest that while demand persists, it remains weak and is closely linked to market rates and overall uncertainty.

First-Time Home Buyers Remain in Affordability Crisis

Reuters reports that in March, first-time home buyers accounted for 32% of existing home sales, down from the 40% average considered indicative of a healthier market.

While the housing market remains operational, it is increasingly inaccessible to the average American family.

Recovering Housing Inventory, Still a Problem for Affordability

Demand for Listings Still Causes Supply to be Tight

According to Reuters, the total number of homes available for purchase reached 1.36 million in March, still below the pre-pandemic level.

There has been a slight improvement in home inventory, but it is nowhere near a balanced market.

This may help reduce the housing market’s extreme pressure, but the impact of this increase is still minor in addressing the affordability crisis.

Home Prices Are Falling in Some Markets, But Not in All Markets

Reuters emphasized that home prices are NOT in a free fall nationwide. National data shows that the median price of existing homes increased year over year by 1.4% in March to $408,800. This means appreciation is occurring but more slowly, and no market is in decline.

Buyers Are Responsive to Easier Rates

Mortgage Applications Increased This Week

According to the Mortgage Bankers Association, total mortgage applications increased by 7.9% over the prior week. The refinance index rose 6%, and the purchase index rose 10%. This indicates demand is still rate-driven and has worsened. This shows that the mortgage market is still in a declining phase.

The Mortgage Market Faces Challenges

The increase in applications hasn’t emerged from the pressure in the mortgage market caused by the economic situation.

Greater demand may be caused by lower rates, affordability, and increased pressure.

Reuters has documented a deterioration in housing activity as the war fueled inflation fears. Lenders operate in a market where any shift in rates seems unsustainable.

Inflation, Unemployment, & The Federal Reserve

Pressure Remains Despite a Stable Labor Market

According to recently published reports by Reuters, inflationary pressures are building amid a newly destabilizing war, rising oil prices, and rising raw material costs. While unemployment reached 214,000, the market remains intact. The pressure, rather than the war itself, remains.

Fed Rate Cuts Will Be Delayed

Due to the conflict in the Middle East and the inflation risks associated with it, trading has forecasted the Fed to remain patient and to limit further purchases of later rate cuts into 2026. Likely, the 2026 purchases of higher mortgage loans and respite from the real estate industry will remain a staple due to the associated trading forecasts, housing values, and investment.

Real Estate & 2026 Mortgage Predictions2026 Housing Demand: Remaining Demand Hesitancy

Pending Home Sales Show Improvement, But Existing Home Sales Remain Low

The U.S. housing market is currently responding in ways that are hard to predict. According to Reuters, pending home sales for the month of March are above predictions, which means that buyers are starting to return to the market, even for a short time, considering market rates. Also according to Reuters, sales of existing homes are down 3.6% from the month before, to an annualized rate of 3.98 million, which is their lowest point in the last nine months. This tells us the demand for homes is not nonexistent, but the demand that is evident is weak, and, in relative terms, directly proportional to the market rates and the uncertainty in the market in general, which us.

Real Estate & 2025 Mortgage Predictions

Irregular, Unsteady Mortgage Loans

The new predictions for 2025 mortgage loans remain variable. It is an unpredictable path defined by war, oil prices, Treasury yields, and projections of inflation. If geopolitical conflicts calm and inflation declines, rates will likely settle in a generally lower range. However, Reuters cautions that in the near term, war-related uncertainty is likely to limit the extent of relief that borrowers will receive. Changes in rates can be unpredictable.

Sales Slow, Inventory Increases, Prices Stabilize

There is not a more rosy projection, but the housing sector will continue to develop, albeit slowly, in the next 3 years. Existing-home sales, deteriorating builder sentiment, and affordability continue to hinder the market and will be problematic. However, if rates will be more enticing, more mortgage applications will be submitted, and the demand will be revived. Reuters noted that in April of 2020 builder sentiment dropped to the lowest it had been in seven months due to a combination of high interest rates, high prices of out materials, and uncertainty in the economy. A combination of slow sales, cautious buyers, and fluctuating prices will be the continual forecast due to the fact that the market is exceptionally dependent on interest rates.

Changes In Rates Can Be Unpredictable

There is no more rosy projection, but the housing sector will continue to develop, albeit slowly, in the next 3 years. Existing-home sales, deteriorating builder sentiment, and affordability continue to hinder the market and will be problematic.

However, if rates are more enticing, more mortgage applications will be submitted, reviving demand.

Reuters noted that in April 2020, builder sentiment dropped to its lowest level in seven months due to a combination of high interest rates, high prices for out-of-town materials, and economic uncertainty. A combination of slow sales, cautious buyers, and fluctuating prices will be the ongoing forecast, as the market is exceptionally dependent on interest rates.

Final GCA Forums Economic Overview

The Combined Effects of Politics, War, and Affordability Fuel This Story

The economic news cycle is increasingly centered on sectors affected by mortgage affordability, Treasury yields, and interest rates. Trade wars, political developments, oil prices, and inflation collectively create a fragile environment. Despite ongoing political tensions, Middle East conflicts, and the current ceasefire, Bitcoin has remained highly volatile throughout the Trump presidency.

Even with slight weekly adjustments, mortgage rates are uncomfortably high. Buyers are slow to respond, housing supply updates are sluggish, and the real estate market is still volatile.

What GCA Forums News Readers Should Watch Next

Several key indicators warrant close attention, including oil prices, the volatility of the 10-year Treasury, and prevailing mortgage rates. The trajectory of the housing market will depend on whether demand improves during the spring and summer. The prospects for housing and the mortgage market are closely tied to the establishment of peace between the United States and Iran. If markets stabilize, housing-related stress may be mitigated, reducing the risk of economic recession and stagnation in the mortgage sector. Conversely, if the housing market remains under pressure and mortgage rates decline, 2026 could be a year marked by significant economic and housing-sector stress. The defining factors for the housing market will emerge in 2026, with peace potentially alleviating market pressures.

https://www.youtube.com/watch?v=vdIn1RCRlH8

U.S. Economy, Iran Ceasefire, Mortgage Rates, Housing Slump, and Market Volatility:

GCA Forums News Report for April 20, 2026

During the first week of April, the American economy faced new market frustrations, geopolitical challenges, and affordability issues. The most important issue is the new Iran-U.S. ceasefire. This is coupled with rising oil prices and new Treasury issuance, all amid concerns about rates.

U.S. markets, Iran ceasefire uncertainty, mortgage rates, housing demand, inflation, jobs, Bitcoin, and political fallout on April 20, 2026.

The housing market remains volatile. Inflation has recently increased again. The U.S. has a higher unemployment rate after last year’s improvements. In some metro areas, people can now move about. Many are first-time buyers.

Iran Ceasefire Enters a Tense New Phase

The most important news for the markets is the U.S.-Iran ceasefire. President Trump announced the ceasefire on April 7, 2026. According to new reports, it is to take effect on April 20. Iran is still considering going to Pakistan for another round of negotiations.

JD Vance is the Vice President President and, as of Monday, remained in the U.S. for those discussions. Iran’s President has warned about Tehran’s diplomacy. He has also warned about the U.S.

This matters far beyond foreign policy. Investors are assessing the risk of a new conflict in the Middle East that could disrupt global shipping routes. The story has become about a ceasefire. According to Reuters, U.S. crude increased by more than 5%. The benchmark 10-year Treasury yield increased to about 4.27%. This demonstrates how quickly geopolitical turmoil affects borrowing costs, mortgage rates, and the stock market.

Trump Under Increased Political Pressure as His Polling Numbers Decline

As the economic situation worsens and the public grows tired of the ongoing war, political consequences for the White House are severe. In March, Reuters/Ipsos reported increased fuel prices and fallout from the Iran war.

As a new low for Trump’s second term, his approval rating dropped to 36%. Ipsos recently updated U.S. polling to show Trump at 38% approval.

This is still dismally low for a sitting president as he tries to maintain support ahead of the 2026 midterms. This does not imply that a single individual problem is solely responsible for the decline. Most political analysts currently describe a general sense of war risk, inflation, high energy prices, and negative feelings about affordability as a collection of issues. These combine to upset voters. The White House is likely under increasing pressure from volatile foreign affairs and worsening domestic economic issues. Neither is likely to improve in the short term.

The Shakeup at the Justice Department Adds to the Turmoil in Washington

Shakeups at the Justice Department are one of the other major stories in Washington.

According to Reuters and AP sources, Pam Bondi was removed as attorney general on April 2. Todd Blanche is now serving as interim attorney general. This leadership disruption falls under the broader category of political disarray in Washington.

Congress and the executive branch grapple with oversight, investigations, and the distribution of power.

For news consumers, the lack of intrigue around the above drama is as valuable as the disruption itself. This year already has enough disasters from wars, trade disputes, and inflation. Investors, entrepreneurs, and the electorate must also deal with the uncertainty created by the Justice System.

Hottest inflation

The latest official documents from the Bureau of Labor Statistics confirm inflation’s worsening. CPI rose 0.9% in March. The 12-month increase in the general index reached 3.3%. The main concern is energy. There was an annual increase of 12.5% in the energy index and a sharp rise in gasoline prices within a single month.

Even if a major price index stabilizes, consumers still feel highly inflationary pressures. This includes fuel, transport, and household necessities.

Energy costs from the war and tariffs have led to a highly cautious state, according to Reuters. In the economy, this translates into a ‘wait-and-see’ posture, as noted in the Fed’s Beige Book.

Jobs Are Still Holding, but Not Comfortably

The labor market has not cracked, but it is no longer providing much relief to consumers.

The BLS reported March unemployment at 4.3%, with 7.2 million jobless.

Little change in labor force participation keeps consumer confidence, and housing demand under pressure. This is less than recession-level damage, but still weak.

The job market is relatively strong, but with sustained high inflation, expensive borrowing, and geopolitical issues driving up energy costs, home purchase, refinancing, expansion, and hiring decisions are all delayed

Mortgage Rates Stay High, With Little Improvement Expected

The most significant number in the housing and mortgage markets for the week comes from Freddie Mac, which shows a 30-year fixed mortgage at 6.30% on April 16, down from 6.37% last week. A 15-year fixed rate is 5.65%. Rates are better than last week, but still high.

The market is characterized by high volatility and high mortgage rates. Oil and inflation will drive high treasury yields and high rates. For buyers, sellers, and agents, the market is very unstable.

Demand for housing is softening, but buyers are gaining leverage as the market gradually improves.

The National Association of Realtors reported that sales of pre-owned homes dropped 3.6% in March to a 3.98 million annual pace. The median price of pre-owned homes increased to $408,800. The number of homes available increased to 4.1 months of supply. NAR’s chief economist stated that the combination of weaker consumer confidence and slower job growth continues to restrain potential buyers.

Redfin reported new data on April 20: sellers outnumber buyers by 43% nationally. This is nearly the widest gap in their records since 2013. In March, 38 of the largest metropolitan areas were buyer’s markets, compared to 29 last year. The housing market narrative is no longer, ‘there’s no inventory.’ Now, it is ‘more inventory, slower sales, and more challenging negotiations for sellers, while prices remain high,’ for many markets.

Home Sales and Mortgage Originations Remain Divergent

There are a few bright spots on the horizon, however. MBA noted in a weekly survey that mortgage applications increased by 1.8%. Furthermore, in their builders’ survey, March new home purchase mortgage applications were 11% higher than last March. It shows that demand remains strong, especially as builders make concessions.

The 2026 outlook is still a bit more restrained. NAR recently revised its predictions and now expects existing home sales to only increase by 4% this year.

This is coupled with new home sales remaining mostly unchanged due to mortgage rates that were previously higher than anticipated. Given the National Association of Realtors’ (NAR) November 2022 forecast of a 10-15% reduction in real estate activity across the country, particularly for mortgage brokers and real estate agents, loan conversions and real estate agent sales will heavily depend on a community’s real estate pricing, sellers’ understanding of real estate dynamics, and buyer interest in the community’s real estate.

Horizontal Interactions for Real Estate Agents and Mortgage Loan Originators

According to the MBA’s annual report, the operating environment for housing and mortgage lending remains challenging. The mortgage refinance rate is 16%. Mortgage lending and real estate agents should have been able to enjoy easier working conditions.

The MBA projects 2026 to be a more difficult year due to continued rate volatility and affordability challenges.

Mortgage loan originators must manage consumers’ payment shock from the drastic change (8%+) from previously lower (sub-4 %) interest-rate mortgage loans. MBA (Mortgage Bankers Association) and Freddie Mac estimate that cash flow into the housing market will be below the original expectations.

Why the Price of Oil, Gold, and BTC Is Highly Volatile.

The latest conflict involving Iran and the military remains the main driver of changes in oil and other commodity prices. The situation is difficult to predict. Oil prices rose amid a forecasted short-term pause in fighting. When fighting breaks out, the 10-year bond price drops, and stock prices rise.

Using data as of October 2023, Reuters forecasts large one-day rallies followed by sharp reversals. In addition, precious metals have also become more volatile.

Gold spot prices fell 0.5% to $4,804.44 an ounce. Along with gold, silver, platinum, and palladium, prices fell due to a stronger dollar and rising yields. Because of this, the normal safe-haven demand was outweighed. In January, the financing feed showed Bitcoin soared to $75,455. Reuters reported in early February that a sharp selloff in the crypto market triggered $2.5 billion in liquidations, with Bitcoin leading the charge. Crypto news has dominated the mainstream, driven by the noise of crypto experts and political families; however, there needs to be more actionable updates from the courts or regulators. Bitcoin should be viewed as a volatile, macro-sensitive asset amid ongoing market volatility.

New York, California, and Illinois are the states on the fiscal watch list.

Financial Crisis in Blue Cities and States

New York continues to be a focal point on the state-local front as a fiscal story. In February, Reuters reported that New York City Mayor Zohran Mamdani proposed increasing the tax rate for individuals earning more than $1 million to $1 million. The city is still facing a large budget deficit despite other savings options implemented.

In a separate report, the AP noted that Governor Kathy Hochul has included a new tax on multi-million-dollar pied-à-terre in her proposed budget, adding to the state-city fiscal battles in New York.

Competing deficit narratives continue to be a challenge for California.

As stated in November by AP, the Legislative Analyst’s Office predicted a shortage of close to $18 billion for the upcoming budget cycle, in stark contrast to the LAO’s January report that suggested the administration predicted a much lesser ~$3 billion deficit in the governor’s budget plan. This shows the confusion over state finances, but pressure is mounting.

Illinois Financial Crisis: Pension Mounting Debt

Chicago’s fiscal standing, along with its pension systems, remains troublesome for analysts.

Pritzker’s administration claims that the state has made significant progress as a result of balanced budgets.

JB Pritzker’s Office says it has improved credit ratings, while the public continues to debate how quickly Illinois should address its longstanding pension deficits. What is clear to readers is that Illinois has managed to sustain its long-standing pension deficits, despite state officials claiming that the fiscal condition is better than in the crisis years.

EV News: North America has Weak Demand, but High Gas Prices May Have a Positive Effect.

The Automotive and EV industries are still in a state of uncertainty. While the end of U.S. tax credits for EV purchases led to a 30% decline in North American EV registrations in March compared to the previous year, the rise in gas prices due to the conflict in Iran has sparked renewed interest in EVs, according to Reuters.

Despite the ongoing oil crisis, complaints about EV prices, charging, resale value, and incentives remain valid.

The same source has indicated that the sales decline has not prevented automakers from introducing less expensive EVs, as they believe that new models and lower prices will generate demand. For consumers, the EV market is not stagnating, but it is certainly in a state of transition.

GCA Forums News Bottom Line for April 20, 2026

Currently, the United States is dominated by the theme of collision. Risks from foreign policy are merging with inflation. The oil crisis is merging with a forecast of low interest rates. The decline in the housing market is merging with high prices that exclude first-time buyers.

The unstable political climate is merging with an electorate that is fed up with the high cost of living.

For readers interested in housing, mortgages, and business, the message is evident: the economy is still operational, but confidence is lacking. Mortgage rates have dropped a bit, but remain elevated. The housing market is improving, but affordability remains a serious issue. Employment is stable, but consumers are apprehensive. And as long as the Iran ceasefire remains unclear, oil prices, bond yields, stock prices, and the outlook for borrowers are likely to fluctuate significantly.

https://www.youtube.com/watch?v=9pt5-XCwFN4

. If Biden dies or gets impeached do we have to worry about this ding bat becing our President?Kamala Harris is being questioned by millions of Americans on her mental health state and her intelligence level. Is this idiot pretending to be dumb and stupid or is Kamala Harris a real idiot. Kamala Harris has zero brains 🧠 and seems this goof 🤪 is pretending to be a creature with a single digit IQ. Is this brainless moron the number 2 in charge of the United States? How humiliating to have this creature to represent the nation and be a power leader. The Imbecile in Chief. She has zero respect and is not a liked person in any way or form.

https://youtu.be/k7TCTQQWIZI?si=-hQw0rw-TbyD7SxJ

How does Proposition 19 in California work? How does the Proposition 19 Property Tax Rule Benefit Homeowners buying a new house? What are the eligibility requirements for PROP 19 in California?

I am sure everyone saw cute pet monkey videos on YouTube and Facebook as well as other Social Media channels. However, the things the Pet Monkey owner does not show the audience and viewers is there is the bad side of owning pet monkes. Pet monkeys need to get confined to a space whether it is caged or tied to a leash and secured when the owner or guardian cannot supervise the pet monkey. Monkeys are extremely intelligent high energy wild animals and will wonder and stray if they are not under human supervision. It also costs a lot of money to feed, and raise a pet monkey. Please watch the attached YouTube video about the pros and con’s of adopting and raising a pet baby monkey. Remember that baby pet monkeys are wild animals and not domesticated.

https://youtu.be/9kzPTQcZ_pU?si=k7M0u7zTbF9LL2-m

There’s a video series about several pet monkeys. Little pet monkeys are extremely intelligent and cute.

Considering A Pet Macaque Monkey

Insights, Availability, Costs, and Wisconsin Regulations.

You might think owning a monkey is an interesting idea, especially bear macaw mandrills for pets. These monkeys are known for their extreme intelligence and very sophisticated social customs. Their faces are expressive with distinctive features and immensely playful. Therefore, some people consider them exotic pets. But there is a need to ponder a bit deeper before adopting a pet monkey, particularly a baby macaque monkey. This requires consideration of various important factors, including cost, availability, and legal issues, especially in Wisconsin.

Understanding Macaque Monkeys as Pets

Having a pet monkey is like having a small, adorable friend in your home. These pets are also considered very intelligent. They have sophisticated family structures. Macques live in social groups and engage in various physical and mental activities. Suppose they are kept in a domesticated setting like a house or an apartment. In that case, it’s very difficult to replicate this, which can cause severe behavioral problems. An owner must accommodate a multi-dimensional approach to meeting a Macaque’s needs. People wanting these pets should also be ready for the commitment because pet monkeys, particularly macaques, can live for decades.

Availability and Cost of Baby Macaque Monkeys

Contact trusted breeders or exotic pet shops to buy a pet monkey or baby macaque.

Here are several websites that are useful guides in your search.

Supreme Exotic Animals for Sale:

• This website offers several varieties of baby macaques for sale.
• One of the babies, Lily, is listed for roughly $750.
• supremeexoticanimalsforsale.com

General Monkeys for Adoption:

• Another website offers black long-tail macaques for about $1,200 and pigtail macaques for around $900 to $1,000.
• generalmonkeysforadoption.com

Exotic Animals for Sale:

• Features listings like baby marmosets (pocket monkeys) and squirrel monkeys.
• Prices vary.
• Potential buyers must fill out a request form for specific pricing.

Exotic Animals for Sale:

• Features listings like baby marmosets (pocket monkeys) and squirrel monkeys.
• Prices vary.
• Potential buyers must fill out a request form for specific pricing. ​
• exoticpetsforsale.com.

It’s crucial to note that prices can fluctuate based on factors such as age, health, and monkey rarity. The initial purchase price is just the beginning. Ongoing costs include specialized diets, veterinary care, and suitable housing to ensure the monkey’s well-being. ​

Legal Considerations in Wisconsin

• Before acquiring a macaque monkey, it’s imperative to understand the legal landscape in your state.
• Wisconsin’s regulations regarding exotic pets are nuanced:

Exotic Animals for Sale

• Features listings like baby marmosets (pocket monkeys) and squirrel monkeys.
• Prices vary.
• Potential buyers must fill out a request form for specific pricing. ​
• dinocalifornia.com

Wisconsin Is Watching

General Regulations:

• Wisconsin is among the states with relatively lenient laws concerning the ownership of non-native species.
• Owning a monkey, or almost any other non-native animal species, is currently legal in Wisconsin.

It is among five states:

• Alabama
• Nevada
• North Carolina and South Carolina

The above states are the other states with no bans on owning ‘dangerous’ exotic animals. ​

Check out the link for further information.

• Blackfeminity.com
• Dinocalifornia.com

Wisconsin Watch: Animal Law

Importation Requirements:

• A General Import Permit application is necessary if the animals are privately owned and relocated to Wisconsin.
• Different permit applications exist for some animals, such as those in a rodeo, circus, or menagerie visiting Wisconsin briefly.

Restrictions on Local Ordinances:

• While state laws may allow certain exotic animal ownership, local city or county laws might be more restrictive.
• You should check with local authorities to ensure you abide by all relevant laws.

Perspectives From Current Monkey Owners

The following information may be helpful for current pet owners of monkeys:

Social Media Groups:

• Facebook has groups that serve as communities where enthusiasts and owners can share experiences.
• For instance, one user posted about some ‘adorable’ capuchin monkeys for sale, and comments highlighted how sweet and playful they are.

Educational Videos:

Some mini-documentaries feature “pet monkeys,” showing how smart and charismatic they can be. One video of a pet monkey named “Lilly,” who lives in Vietnam, shows how much love this monkey has for her owner. It is as if she is a mother to a young child.

Ultimately

As tempting as it may be to own a baby macaque monkey, proper research and preparation is advised:

Ongoing Responsibility:

• Macaques regularly need your attention, time, and resources.
• Their care is complex, and their lifespan can reach several decades.

Moral and Legal Duty:

• Ensure that, at the first stage, owning a macaque will adhere to all legal terms.
• Remember the moral issues for keeping a wild animal as a pet.

World Population Review

Other types of engagement:

• If ownership appears difficult, consider donations to primate rescue facilities or volunteer activities that allow hands-on involvement without requiring permanent placement.

To sum up, some pet owners may find it rewarding on some level to have pet macaque monkeys, but they need to be mindful of the obligations and difficulties that come with it. Those willing to leap should know and be ready to tackle these issues for harmonious coexistence with their primate pet.

They are no different than having a little kid that normally behaves. Each pet monkey has its own personality. Anyone raise a pet monkey? Watch this short video. The owner of Lilly lives in Vietnam. This video will make your day. 😍

https://youtu.be/HhVmi-if1yU?si=RY380dlthSfvqHsY

• This discussion was modified 1 year, 2 months ago by  Gustan Cho.

I have an NMLS license and am sponsored by a state-licensed mortgage company. Everyone knows and has experience that the real estate and mortgage industry has been dead for the past two years. Many real estate agents and brokers have not renewed their real estate sales license, and many of them either sold, merged with another real estate company, or went out of business. Working as a licensed NMLS mortgage loan originator has been no picnic. Home prices have skyrocketed in many areas where homebuyers are priced out of the market. Not only have home values shot through the roof, but inflation has escalated to ridiculous numbers where many goods and services have gone up exponentially. With the marketplace being what it is, I cannot survive and support my family.

I spoke with a few mortgage loan originators at NEXA Mortgage, LLC, and was told NEXA has created and launched a national real estate company. The real estate company of NEXA Mortgage, LLC is named AXEN REALTY. I am taking the opportunity to join AXEN REALTY and become a dual-licensed realtor and loan officer. Does anyone know what it takes to become a real estate sales agent in Illinois and Wisconsin? What are the educational requirements for becoming a real estate sales agent and broker in each state? I would appreciate it if you could answer this very important question. I appreciate any help you can provide.

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US Marketplace and Economy News – GCA December 15, 2025

US and global markets tiptoed into the week, setting a cautious tone. Here is your quick guide to the top headlines for December 15, 2025.

Dow Jones Industrial Average: 48,416.56, down 41.0 points, or 0.1% (Reuters) S&P 500 and Nasdaq:

Slight declines as markets await economic data and earnings.

Mortgage Rates: 30-Year Fixed: 6.2–6.3%, 15-Year: 5.5–5.6%.

Gold: $4,300/oz

Silver: $64/oz.

Consumer sentiment declined further in December.

For GCA Forums readers: Although rates are still high, they have retreated from their peak, and the housing market is gaining momentum.

Political headlines may swirl, but they do not sway mortgage approvals.

The main message: Keep your focus on interest rates and housing trends, not the noise.

As Monday wrapped up, Wall Street’s mood stayed cautious, mirroring a market that is watchful but far from panicked.

Major U.S. stock indexes ended the day slightly lower.

• Dow Jones Industrial Average: 48,416.56, down 0.09% or 41.49 points.
• S&P 500: Down approximately 0.1%.
• Nasdaq Composite fell about 0.26%, led by declines in tech stocks (Reuters).
• Traders are awaiting the upcoming release of new economic data.
• They are monitoring job numbers, inflation, growth rates, and the recent Federal Reserve rate cut, which occurred on December 10.
• The Federal Reserve has responded carefully, but its messages remain somewhat unclear.
• Officials expect slower growth in 2026, but not a significant downturn.
• For borrowers and homebuyers, the recent dip in stocks is a signal to pause and reflect, rather than chase fears of a recession or dreams of a sudden housing surge.
• Key takeaway: Today’s market calls for steady caution, not panic or wild optimism.
• This section examines major factors influencing the economy, including inflation, Federal Reserve policy decisions, and tariffs.

Federal Reserve Stance After December Rate Cut

On December 10, the Federal Reserve again reduced the policy rate, lowering the federal funds target to 3.50-3.75%.

• New York Fed President John Williams believes policy is now “In a good position.”
• He predicts inflation drifting to 2.5% by 2026 and 2.0% by 2027.
• Boston Fed President Susan Collins called the cut a “close call” and wants more evidence before supporting further cuts.
• Fed Governor Stephen Miran urges more rate cuts, citing “phantom inflation” in shelter data that keeps policy tight.
• According to the Federal Reserve, if inflation continues to decline, economic growth is expected to remain steady, and unemployment may rise gradually.
• However, a recession is not anticipated.
• Key takeaway: The Federal Reserve projects stability but remains cautious.
• Regarding tariffs, the following is outlined below if you asked about:

On the consumer level:

• AP and ABC report tariffs raised prices on some seasonal items, groceries, and utilities. Households find gifts and groceries costlier than usual.

On a macro level:

A Wall Street Journal analysis found tariffs have not harmed the economy, despite concerns.

GDP rose, with recent quarters showing the strongest growth in two years.

A current trade dispute involves the United States threatening to increase tariffs on rice imports, while India denies allegations of “dumping.

For borrowers, tariffs may bump up prices on some goods, but they have not put the brakes on economic growth. overall economic growth.

This push-and-pull keeps consumer spending afloat, while also making the Federal Reserve tread carefully.

Key takeaway: Tariffs raise prices but do not halt economic expansion, which explains the Federal Reserve’s cautious approach.

Mortgage Rates and the Housing Market Current Mortgage Rates

According to various rate trackers, the average 30-year fixed mortgage rate is around 6.2–6.3%.

• According to the Freddie Mac weekly survey, as of December 11, the rate was 6.22%.
• Specific banking retail trackers report rates near 6.29%.
• The average 15-year fixed rate is about 5.5–5.6% (ranging from 5.54% to 5.63% depending on the source).
• Rates have decreased from their 7–8% highs, but they are still higher than most people would prefer.
• Many homeowners are staying with their current loans, while first-time buyers continue to face challenges, especially in more expensive areas. Key takeaway: Rates are better, but challenges remain.
• Many existing homeowners are rate-locked at approximately 3%.
• First-time buyers face particular difficulty in more expensive markets.

Housing Market Outlook:

Recent forecasts suggest that home prices will increase by less than 4% on average, not drop, because a small increase in homes for sale will not resolve the ongoing shortage. Some predictions suggest that the number of homes for sale could increase by about 10% in 2026, which may help somewhat but will not resolve the issue. The market is expected to strengthen, especially if 30-year mortgage rates approach or fall below 6%.

• The National Association of Realtors and other industry analysts identify this threshold as a potential catalyst for increased market activity.

For GCA Forums readers:

Today’s market is steady—not a repeat of 2008, nor a wild boom. Buyers who are ready and work with flexible lenders can still find good deals, even though big banks are being careful. Key takeaway: Savvy buyers can thrive in a balanced market. The global precious metals market remains uncertain, and investors expect further rate cuts.

Gold:

Gold trades in the low to mid $4,300s per ounce, rising slightly during the day (JM Bullion).

Silver is trading at approximately $63 to $64 per ounce, with recent increases as the gold/silver ratio narrows.

Across the metals, experts are pointing out several key factors: lower real returns, global events, ongoing concerns about inflation, and yields returning to 2%, which are fueling higher metal prices. Key takeaway: Ongoing concerns about inflation and falling yields are driving demand for precious metals. Many borrowers and homeowners expect more ups and downs in inflation and policy, so they are buying now and planning to refinance later.

Law Enforcement Turmoil, Kash Patel and Dan Bongino

You specifically. Inquired Kash Patel, Alexis Wilkins, and Dan Bongino, including Allegations Involving FBI Aircraft and SWAT Details.

This Is What Is Alleged or Commented on and What is Confirmed to be Current Reporting.

Kash Patel: Jet and SWAT Controversies: FBI Director Kash Patel is experiencing “political and media scrutiny” surrounding his use of FBI Resources:

House Democrats have opened inquiries surrounding his alleged use of an FBI jet for an alleged “date night” flight to see his country-singer girlfriend Alexis Wilkins perform.

Others have alleged that Patel assigned and/or shifted SWAT personnel to Wilkins’ security detail and that he has pressured agents to drive one of Wilkins’ drunk friends around, to which the FBI has denied these rumors exist, calling them made-up or exaggerated.

These are allegations and ongoing investigations, and have yet to lead to any criminal charges.

In response to some of the more outrageous allegations made, Patel and spokespeople for the FBI have defended or countered these claims.

Dan Bongino: Leadership Questions and “Clown” Label

• Media figure and former Secret Service agent Dan Bongino was sworn in as Deputy Director of the FBI in 2025 under the leadership of Patel.
• Recent media coverage reports that there is a great deal of uneasiness at the bureau concerning Patel, where there are allegations from unnamed sources insinuating that he is ‘in over his head’ while describing Bongino as a ‘clown’ who has no experience at the FBI, thus negatively affecting staff morale as well as overall operational efficiency.
• ProPublica also reported that there is a lack of internal controls after Patel resigned his post and waived his right to screen the polygraphers, who, it is alleged, took the Bongino and the other senior-level officials.
• There is more than one recent account suggesting that Bongino is possibly contemplating a leave from the FBI, at least in the near future, despite his official sources claiming that active work is still taking place in his office and that a final outcome has not been determined.

Political accounts suggest that some frustration exists among Trump and his advisers regarding Patel’s and Bongino’s activities, and possible leadership changes are being considered. For GCA Forums members, these political developments primarily affect public perceptions of institutions rather than directly impacting mortgage rates or approvals. Key takeaway: Leadership changes have minimal direct impact on borrowers.

THE RUMORS ABOUT ERIKA KIRK, JD VANCE, AND THE ATTACKS ON CANDACE OWENS

You were inquiring about:

AND THE ATTACKS CANDACE OWENS ON ERIKA KIRK

THE FACTS AS YOU HAVE THEM: The Nature of Public Displays of Affection and Marriage Speculation

Mainstream media sources, such as People, have discussed social media commentary surrounding Vice President JD Vance’s marriage, following a widely disseminated embrace of Vance and Kirk, and rapid-fire social media comments regarding his wife, Usha, which sometimes appear to be ringed.

These articles approach the subject as marital discord gossip, not as documented infidelity, clandestine offspring, etc

There is no solid foundation for the ‘Vance is the Father’ assertion.

I have not come across any credible original reporting and/or court documents supporting JD Vance’s paternity of any child with Erika Kirk.

• Most people who have theories about this tend to say it is just gossip based on public behavior and speculation, rather than actual evidence.

Even so, I cannot* ethically continue the wilder forms of speculation (e.g. rumors of parentage). I would be tainting the public narrative with allegations of defamation against actual people, and, even more, doing so without evidence.

Candace Owens’ Criticisms of Erika Kirk

There is some quite interesting criticism of Candace Owens regarding Erika Kirk, but nothing regarding infidelity; rather, it has to do with conspiracy theories surrounding the possible assassination of Charlie Kirk:

• It has been documented that Owens has used her platforms to promote some not very credible and controversial theories as to who purportedly plotted the assassination of Kirk and has received backlash for it from various individuals, regardless of their political affiliation.
• Kirk has publicly asked Owens to stop spreading emotionally painful and false theories surrounding the assassination of Kirk, since she and her children need some peace to grieve.
• These individuals (Tomi Lahren, Matt Walsh, etc.) have also voiced their concerns regarding Owens, that there is some sort of tragedy, and are pleading that Erika Kirk should not be allowed to mourn.

Numerous sources are reporting that, for now, Erika Kirk and Candace Owens have quietly agreed to disseminate. From an editorial perspective, it is essential to: Lastly, from an editorial view, the only possible position would be to:

• Differentiate between documented facts (assassination, change of leadership at TPUSA, statements made by Owens, statements made by white Kirk, accusations made by Kirk, and the proposed private meeting)
• And purely factless conjecture surrounding some individuals’ private lives (who’s purportedly in love with whom, paternity of whom, etc.) to the extent of treating it as what it should be~ unfounded rumors.

Implications for GCA Forums News:

With the main headlines covered, let’s shift back to what matters most—housing, mortgages, and smart financial moves for GCA readers. Rates are still high, but the trend is improving.

The 30-year fixed rate is now in the low 6% range, which is better than before. If inflation continues to decline and the Federal Reserve gradually lowers rates, average mortgage rates could drop to the high 5% or low 6% range by 2026, making homes more affordable. Inflation and tariffs are making it harder for families to manage their budgets, but they have not slowed down the economy. Inflation is likely to persist for a while, but the economy is expected to remain strong. The housing market continues to face challenges, including high prices and a shortage of homes for sale, which helps maintain high home values and benefits current homeowners. Political controversies involving the FBI, Patel, Bongino, and conservative media are garnering significant attention but have a limited direct impact. Even though trust and division could be problems in the long run, obtaining a mortgage still depends on your income, credit, home value, down payment, and the lender’s expertise with various types of loans. News about public figures does not really matter for most people’s mortgages. They barely move the needle on mortgage-backed securities, treasury yields, or loan pricing. For GCA Forums News readers, these headlines are more show than substance.

https://www.youtube.com/watch?v=kyozhj41tQw

• This discussion was modified 4 months, 3 weeks ago by  Sapna Sharma.

Jeremy Dewitte is a cop wannabe police impersonator

Jeremy Dewitte has gotten arrested for impersonating police officers since he was 17 years old. Since Jeremy Dewitte is not hireable as a POST certified law enforcement officer in any state of the nation, Jeremy Dewitte opened a funeral escort service company in the state of Florida. In his fleet of vehicles for funeral escort services, Jeremy Dewitte has vehicles that resemble law enforcement vehicles such as dressing up Ford Crown Vics, Ford Explorer SUVs and motorcycle with police look alike stripes,badges, and emergency flashing lights and sirens. Check out this video

https://www.facebook.com/share/v/PVYpy8obKqn6cb19/?mibextid=21zICX

• This discussion was modified 2 years ago by  Gustan Cho. Reason: Spelling error
• This discussion was modified 1 year, 11 months ago by  Sapna Sharma.

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GCA FORUMS NEWS For Monday December 29, 2025: Below are revised figures for the Monday, December 29, 2025, GCA Forums News Report, sourced from reliable data. I will note where “live” prices differ by data feed or financial instrument.

GCA Forums News – National Breaking News Report: Monday, December 29, 2025 (America/Chicago)Today’s Market Sentiment

Traders dealt with slow holiday markets and a new rate increase, which led to slow trading. Gold and silver dropped on the CME after margin requirements went up and pushed prices down.

LIVE Closure of the Stock Market (U.S.)

All three indices closed in the red:

Dow Jones Industrial Average: 48,461.93 (loss)

S&P 500: 6,905.74 (loss)

Nasdaq Composite: 23,474.35 (loss)

As the year ends, investors want to secure their profits, and many are reducing risk before the last round of changes to their investments for the month and quarter.

LIVE Closure of the Bond Market and Treasury Yields (U.S. Treasury – December 29, 2025)

Treasury yields show how much it costs to borrow money safely and help predict mortgage costs as they change.

Daily Treasury Par Yield Curves (selected):

• 2-Year: 3.45% (U.S. Department of the Treasury)
• 5-Year: 3.67% (U.S. Department of the Treasury)
• 10-Year: 4.12% (U.S. Department of the Treasury)
• 30-Year: 4.80% (U.S. Department of the Treasury)

The 10-year yield at 4.12% matters because it is the main guide for mortgage rates and affects how people feel about borrowing money. (U.S. Department of the Treasury)

LIVE Fed Policy & Interest Rates

In December, the Federal Reserve kept its strict approach because of ongoing uncertainty and higher risks. Even if rates go down, the current high-rate environment still makes things too expensive for many people.

With Powell’s chairmanship running through May 2026, talk of his departure centers on future succession rather than any immediate change at the helm.

LIVE Mortgage Rates (what matters to borrowers today)

Mortgage pricing remains under pressure due to term yields,

• Unstable mortgage-backed security prices mean that even small drops in interest rates do not help borrowers much. Monthly payments remain high because of rising home prices, insurance, and taxes.

GCA Forums: I can standardize this section to present 30-year fixed, FHA, VA, and 15-year fixed mortgage rates from a consistent source, enabling readers to compare similar products effectively. Metals – Gold & Silver (and YES: silver at $80).

Silver went above $80, reaching a record close to $83.62 before quickly dropping. Even with this big drop, I think this is just a break, not the end of the trend.

Why the sell-off was so violent: CME margin hikes

On December 29, 2025, CME made traders put up more cash for COMEX 5000 Silver Futures, raising the amount needed for main contracts to about $25,000. This amount can change depending on where you trade.

When margins increase, traders must keep more cash on hand, which often forces them to sell positions to meet the new requirements.

1. This can make traders add cash quickly or sell some of what they own, which increases selling and pushes prices down even more.

Silver opened at $79.53 yesterday.” Why your number can be right, and feeds can differ.

Unlike stocks on the NYSE, silver does not have a single official opening. Each platform defines “open” differently depending on the instrument:

• spot (XAG/USD) (continuous OTC),
• COMEX futures (which have.
  Sunday night, Globex opens and has almost continuous trading,
• a specific contract month (Dec/Jan/Mar),
• other currency feeds.

$79.53 may be listed as the “open” on one platform, while another platform or instrument could show a different first-traded price.

Paper vs physical silver

The following explanation may help clarify this for readers :silver (futures, options, unallocated accounts, many ETFs):

• You own a financial product linked to the price of silver.
• These are often bought with borrowed money, especially futures, and can be affected by higher margin requirements.
• Most contracts are settled with money, and only a few end with actual silver being delivered.

Physical silver (silver coins/bars/allocated vaulted metal):

• You possess your own metal, which may be selected, serialized, and stored in a professional vault.
• Physical silver costs extra because of making, shipping, dealer fees, and how much is available.
• During periods of market stress, premiums on physical silver can increase even when the ‘paper’ market experiences significant declines. Reuters published a ‘how silver is traded’ explainer during recent volatility, which serves as a valuable resource for readers seeking to understand the distinctions among trading vehicles such as futures, ETFs, coins, and bars.

The “Big Banks Short Silver” narrative — especially JPMorgan

The following facts can be reported with confidence:

1. Big companies, including banks, often bet against the market in futures to protect their inventory and client trades. Public data shows some of these positions, but it is still hard to know exactly how much they are betting against the market. There is no way for the public to check JPMorgan’s exact position right now.

DOJ: JPM agreed to pay ~ $920 million in settlements tied to schemes involving precious metals and U.S. Treasury futures.

CFTC: record $920 million order for spoofing/manipulation (press release).

How to phrase it on GCA Forums without overreaching.

People in the market say that without daily updates on positions, it is not possible to know how much big banks betting against silver affect price swings in the ‘paper’ silver market. However, JPMorgan has faced major legal problems in the precious metals futures markets before.
It is especially accurate, defensible, and builds reader trust.

Housing Market: what’s happening and what’s nextMarket tensions

Right now, the U.S. housing market is very competitive and uncertain. High prices and interest rates make it hard for buyers to qualify, and many people who want to sell feel stuck in their homes. More sellers are offering price cuts and concessions, but overall supply remains tight.

• Affordability: While pricing continues to attract buyers, current wage levels in a robust labor market help offset elevated home prices.

Is a housing bubble on the way?

The answer is not clear, since the market is still settling down. Here are the two main ‘bubble’ risks: Risk A: Price Collapse. High unemployment and more people being forced to sell could make prices drop, but this is not likely right now because of current lending rules and fixed loans. Risk B: Affordability. The amount people pay compared to their income is important over time. Demand is strong, but most loans go to people with regular W-2 jobs.

A key data point from late 2025 shows pending home sales may have increased, suggesting there is still demand at certain price and payment levels.

Mortgage Industry Survival: “Dry Pipeline” Reality

Recent reports from loan officers across the country show there are fewer strong borrowers, more unusual cases, and a weaker economy.

What has been impacting lenders/brokers:

• reduced margins
• increased operating costs
• increased fallout (borrowers are shopping hard)
• and increased manual and more files that need to be handled by hand, such as those with debt-to-income issues, credit problems, or self-employed borrowers are experiencing increased cancellations and pipeline volatility, a trend that has been reported across the industry in 2025.parison

NEXA has been described in public reporting as a “mega broker” and one of the largest broker networks. The company rebranded in 2025 as NEXA Lending, reflecting a positioning evolution rather than a shift to retail, according to coverage.

For readers, the main point is that NEXA’s size and flexible broker setup help in hard times. Still, the industry struggles with high costs, not enough homes for sale, and more expensive customer leads.

Auto Financing and Rates Forecast: Rates and What Borrowers Face

Auto financing remains expensive for the average U.S. borrower:

• Experian reported average rates of around 6.80% (new) and 11.54% (used) (as of mid-2025).
• Bankrate’s survey puts the average 60-month new car financing rate at 7.01% (December 2025 update).
• As of December 29, 2025, Navy Federal Credit Union posted rates “as low as” certain levels, depending on your credit tier.

Forecast: 2026 Themes and Pressures

The Cox Outlook for 2026 says that affordability will be the main issue, and deals and lower prices will return as more cars become available.

Chicago +Corporate Exits + Sanctuary City: Immigration/ Sanctuary City Legal & Funding Pressure

Chicago and other big cities are under political and legal pressure because of immigration rules and sanctuary city policies, with actions by the DOJ and ongoing disagreements shaping the national conversation. What to report: “Companies leaving Chicago because of Taxes.”

Chicago’s business climate is under renewed scrutiny as city leaders debate revenue solutions, including a possible head tax, and face warnings about the city’s competitiveness. Key HQ moves support this narrative:

• Boeing: HQ moved from Chicago to Arlington (2022 announcement).
• Caterpillar: HQ moved from Deerfield, IL, to Irving, TX (2022 announcement).
• PEAK6: HQ moved from Chicago to Austin (effective Jan 1 per reports).

Rather than speculating on the exact number of companies relocating, it is more accurate to say that big company moves and ongoing tax debates make people think more businesses are leaving.

Current Trump and the voters

Recent polls and aggregators indicate that Trump’s net approval rating is declining further as December 2025 progresses. (Nate Silver)

Kash Patel (FBI Director): “on the way out?”

Controversy surrounding Patel has sparked rumors and calls for his resignation, but he has denied these claims. Reports from early 2025 indicate Patel denied the rumors. Current coverage describes his situation as under pressure, but with no confirmed exit.

Pam Bondi (Attorney General): “on the way out?”

Bondi has faced criticism and calls to resign due to ongoing controversy and the DOJ’s dissolution. However, there are no official actions or records indicating she is leaving, so she remains under political pressure but has not been confirmed to be exiting. Powell’s term as chair continues until May 2026. Any discussion of his early departure remains speculative. While there is ongoing debate regarding his potential successor and future role on the Board, this does not suggest an imminent exit.

What GCA Forums readers should watch for next

• Following the CME margin adjustments, monitor whether premiums on physical metals remain elevated, even as futures prices continue to fluctuate.
• Rates: If the 10-year yield remains near 4.1% and spreads stabilize, mortgage pricing could improve; however, lenders will likely remain cautious due to ongoing volatility.
• Housing: By spring 2026, inventory and affordability will shape the market. Increased inventory could help stabilize conditions, but concerns about a bubble persist, and payments remain the key factor.

https://www.youtube.com/watch?v=Q-uE-QifwwE

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• This discussion was modified 4 months, 1 week ago by  Sapna Sharma.

GCA Forums News – LIVE Market, Mortgage, and Housing Report: December 2, 2025, Just Before Noon U.S. Markets

Here’s what’s happening in the U.S. markets just before noon on Tuesday, December 2, 2025:

Stock Markets: All three major indexes are up—Dow by 0.4%, S&P 500 by 0.3%, and Nasdaq by 0.6%. Each is close to record highs.

10-Year Treasury Yield: Around 4.1%, which is a bit higher than yesterday.

Mortgage Rates: The average 30-year fixed mortgage rate is between 6.1% and 6.3% nationwide, while the 15-year fixed rate is 5.5%.

Gold: Gold is trading at approximately $4,200 per ounce, down 0.3% from the previous price but still near a six-week high.

Silver: Silver is trading between $57 and $59 per ounce, close to a record high after big gains in 202Jobs: Unemployment is around 4.4%, the highest in recent years during this election cycle. The recent federal government shutdown has made data less reliable. Growth and Inflation: U.S. GDP is expected to grow by 1.7% to 2.0% in 2025, with inflation likely in the high 2% range.

LIVE BREAKING NEWS WHICH SHOULD MATTER TO EVERY HOMEOWNER AND BORROWER

OECD: Global Growth, but 2026 Will Be the Key Year. The OECD expects global GDP to grow by 3.2% in 2025, with the U.S. growth rate at 2.0%. While the economy is still expanding, it is doing so at a slower pace than in 2024. This could mean fewer job opportunities and slower income growth for borrowers. Rising tariffs and trade tensions are pushing up inflation, which can reduce purchasing power and make goods, services, and mortgage payments more expensive. Real terms.

The OECD predicts that rate cuts will end by 2026, and policy rates will stay above pre-COVID levels. This means loan and mortgage costs could remain higher for longer, offering less relief to borrowers who don’t expect the very low rates from 2020-2021 to return soon. Higher rates will keep borrowing costs high for homeowners and buyers, affecting monthly payments and affordability, even if rates drop slightly.

Two Federal Reserve officials have recently commented: Atlanta Fed President Raphael Bostic notes that, while the labor market is cooling, inflation remains a significant risk and is above the Fed’s 2% target. He says we should not cut rates too quickly, as that might be counterproductive, as price pressures would build up.

Boston Fed President Susan Collins states that tariffs and trade disruptions in a fragmented global economy may further exacerbate inflation and contribute to increased interest rate volatility. November 2025 Financial Stability Report: the following ([Federal Reserve:

High levels of asset prices (equities, real estate, and debt securities).
High business and residential debt in certain areas.

Persistent concerns due to AI-induced market exuberance, geopolitical instability, and cyber threats. The Federal Reserve is moving carefully. Rate cuts are likely, but they’ll happen slowly. If your mortgage rate is 7% or 8%, refinancing could be beneficial, but consider whether the savings are worth it, as the cuts will be gradual. Borrowers should set realistic expectations and not wait for extremely low rates to return.

LIVE STOCK MARKET: DOW JONES, S&P 500 & NASDAQ Major Indexes

As of the middle of the trading day, **all three major U.S. indices are in the green:

Dow Jones Industrial Average:

Up 0.4%, trading near its record closing high of 48,000 set on November 12, 2025.

S&P 500: Up 0.3%. Approximately 300 stocks are down, resulting in a mixed but positive market breadth.

Nasdaq Advances for December

Most of Nasdaq’s 0.6% gain came from a rally in tech and crypto-linked stocks, which started after a rough tech rout in the first half of the month.

AI Bitcoin stabilized after sharp declines, trading between $80,000 and $90,000. This supported a rebound in crypto-related stocks. Infrastructure, BlackRock maintains a bearish outlook for long-term Treasuries in 2026.

Growth in the AI sector and stock market is leading to increased household spending and higher demand for luxury and larger homes.

However, if long-term Treasury yields remain high to finance AI and budget deficits, mortgage rates may also stay elevated. Even with Fed rate cuts, mortgage rates may not fall as much as expected, potentially impacting housing affordability.ds at 4.12%. The 10-year Treasury yield is 4.12%, up slightly as investors shift their allocations from bonds to riskier assets. The yield is expected to be 4–4.5% for much of 2025, and lower than the 2022-2023 predictions, as has been the case for much of 2025. (Goldman Sachs) The 10-year Treasury is the main benchmark for 30-year fixed mortgage rates. When interest rates rise, mortgage rates typically follow suit and increase accordingly.

LIVE Mortgage Rate Snapshot (National Different surveys show small differences, but the average is steady, consistent:

Thirty-year fixed-rate mortgage (conforming, owner-occupied):

6.2 to 6.3\% overall, according to Freddie Mac (6.23% weekly going to November 26 ) and like ratings from marketplace trackers. (Freddie Mac)

Fifteen-year fixed-rate mortgage:

5.5% on average nationwide. Current 30-year fixed rates are in the low to mid 6% range. That’s down from 7%, but still much higher than in 2020. levels.

What does this mean for an average borrower? If your current rate is over 7%, refinancing to the mid-6% range could lower your payments, especially if your credit or home value has improved. Lower payments can help your budget and free up money for other needs.

For first-time buyers, rates in the 6% range may seem high compared to 2020. But recent price drops in many markets can help offset these costs, making homes more affordable overall. The old price is $ 4,218. Spot gold is priced at $4,218 per ounce after reaching a six-week high, down 0.3%. Volume is slightly lower than yesterday, but open interest is rising, indicating new contracts are being opened. However, inflation is above 2%.

Continued strong demand from central banks and investors amid rising geopolitical and tariff risks.

Silver: Stealing the Show

Silver has surged to near-record levels, now just under $59 per ounce, more than double its previous price of $29.80.

Rampant demand for solar panels, EVs, and electronics.

Ongoing severe supply chain disruptions in London and other regions.

These price trends are particularly important for metals used in the housing and consumer product industries.

High silver prices are expected to increase costs for solar panels and electric vehicles, impacting:

Home solar versus system imports

DTI calculations during EV purchases.

Record gold prices underscore ongoing concerns about inflation. Persistent inflation may keep mortgage rates from falling as expected, potentially limiting improvements in affordability for homeowners and buyers.

There is increased demand for hard assets such as real estate.

LIVE ECONOMY: GROWTH, JOBS, & INFLATION Jobs: Some Slow Down, But Not A Collapse

Due to the current federal government shutdown, official BLS reports are limited. The Chicago Fed estimates unemployment is about 4.4% for October, the highest in about four years and a slight increase from September. The job market is showing signs of cooling. FS and job separations are at a small increase.

Context: The unemployment rate is ~4.0-4.1% for 2024. Thus, we are higher, but we aren’t at crisis levels. ([Bureau of Labor Statistics])

Growth & Inflation

U.S. GDP grew by about 2.8% in 2024. Growth of 1.7% to 2.0% is expected for 2025, indicating a slower but still positive trend.

The expected growth in the CPI is approximately 2.8%, which is slightly above the Fed’s target of 2% inflation for 2025.

Translating for Borrowers

The economy is growing, but at a slower pace.

* The Fed’s careful, rather than aggressive, approach to rate cuts.

* Long-term yields and mortgage rates are, for the moment, higher than what has been recorded over the past few years before COVID.

LIVE HOUSING & REAL ESTATE: COOLING PRICES, BUYER LEVERAGE

Sellers Cutting Prices as Market Cools

A new report highlights a shift in market leverage.

A weakening housing market is leading to significant discounts for buyers, as many sellers are cutting their asking prices to stay competitive. Many listings had price reductions in October. Homes that sell after a price cut stay on the market a median of five times longer than those priced right from the start. The number of delistings and price reductions is rising. Inventory levels are higher than those seen during the extremely tight conditions of the COVID-19 period.

By the end of 2025, buyers will have gained more control, especially in markets that overheated during the pandemic.

How Mortgage Rates And Price Cuts Affect Affordability

Prices are no longer on the rise as they were during the COVID period, and in some markets, they are either staying the same or experiencing small declines. (The World Property Journal)

Despite price cuts, buyers are affected by mortgage rates above 6%, resulting in much higher payments compared to 2020. GCA Forums Response:

First-time Buyers: How this market is different and what is in your favor:

More inventory to choose from

More price reductions

Less competition in the form of bidding wars on properties

In this market, careful underwriting is crucial to mitigate potential payment shocks resulting from current mortgage rates.

Move-up Buyers & Investors:

Home sellers may need to be more flexible on pricing or be prepared to offer concessions. Home buyers can benefit by negotiating closing costs with sellers. This can be combined with GCA’s flexible closing cost programs, which require manual underwriting and have no overlays.

WHAT THIS MEANS FOR MORTGAGES AND REAL ESTATE, SIMPLY PUT

1. Rates have improved. Rates have improved, but they are not yet at historically low levels. They have improved to the mid-6s, but the 3s are not in sight.

Current rates make refinancing 7% or 8% loans a worthwhile consideration.

2. The housing market is shifting from a strong seller’s market to a more balanced environment.

Lower prices, longer market times, increased inventory, and improved negotiating power for buyers. (The World Property Journal)

3. The Fed is worried about inflation and financial stability, not just growth

The Fed’s approach is measured and gradual, not a rapid decline. (Federal Reserve Bank of Atlanta)

4. Precious metals screaming inflation uncertainty

Gold=4200/oz. Gold at $4,200 per ounce and silver at $59 per ounce indicate continued investor interest. wers with issues (low credit, recent lates, high DTI)

Many large banks are tightening their lending standards. Lenders like Gustan Cho Associates are still losing aggressively within agency and non-QM guidelines, manual underwrites, Chapter 13, recent credit events, and more.

https://www.youtube.com/watch?v=vEVcnkjGVpk

NATIONAL BREAKING LIVE NEWS REPORT- MONDAY NOVEMBER 10 NOVEMBER 10 2025

GCA Forums News- Live Housing, Mortgage and Rates, Economy, Elections, and Political Crisis

• As of Monday evening, November 10 November 10, the country’s finances, mortgage rates, housing data, and politics have all been impacted simultaneously.
• Here is your GCA Forums focused LIVE national breaking news.
• Update concerning the LIVE stock market data, interest and mortgage rates, economic numbers, job data, and rapidly changing mortgage and housing forecasts, along with the fast-paced politics surrounding homebuyers and homeowners.

DOW JONES AND STOCK MARKET LIVE DATA AND FIGURESLIVE STOCK MARKET & DOW JONES, NASDAQ, SP 500 UPDATES

• As the government shutdown approaches resolution, Wall Street traders have shifted their focus to interest rate cuts, driving the market higher.

The figures as of the close on November 10, 2025:

DOW JONES INDUSTRIAL AVERAGE:

Marking another record zone, the closing total of the Dow achieved was 47,330.42, an increase from 46,996.71 on Friday.

LIVE S&P 500:

The S&P 500 finished this week at 6,817, a slight increase over the previous week.

LIVE NASDAQ:

• The tech-dominated Nasdaq Composite finished at 23,340, despite turbulence in tech stocks.
• Commentators are stating that stocks rallied on hopes that Congress is close to ending the shutdown and that inflation will be 3%.

LIVE MORTGAGE RATES & INTEREST RATESLIVE INTEREST RATES: 10-YEAR TREASURY YIELD

• About 4.1%, and throughout the days, it has remained around this interest rate.
• The 10-year US Treasury yield is considered the standard for 30-year fixed mortgage rates.
• The Fed and market trackers have recently indicated the rate is hovering around 4.11%.
• While this remains below the peaks observed in 2023-2024, it is still high enough to affect housing affordability for many purchasers, as well as to keep mortgage rates elevated.

LIVE MORTGAGE RATES TODAY – 30-YEAR AND 15-YEAR FIXED

• As of Bankrate’s daily survey for Monday, November 10, 2025: November 10-year fixed mortgage rate: 6.26%.
• Average 15-year fixed mortgage rate: 5.62%.
• Rates have increased this week as well, but remain under the peaks for late 2023 and early 2024.
• Lenders are closely monitoring reprices each time the Treasury yield shifts due to changes in inflation data and the Fed’s rate-cut expectations related to the headlines surrounding the shutdown.

To most GCA borrowers, specifically FHA, VA, non-QM, and DSCR investors, these levels indicate:

• The potential for payment shock after refinancing from the old loans is priced at 3% to 4%.
• More strained debt-to-income ratios, even in lower-cost regions.
• A sustained effort to pursue creative non-QM products, buy-downs, and APR temporaries instead of the non-existent “ideal” rate.”

REAL-TIME ECONOMIC INDICATORS: GDP, CPI, INFLATION, EMPLOYMENT

Real-Time GDP Economic Growth Update: The economy rebounds in 2025

• In the second quarter of 2025, the real GDP grew at a rebounding rate, rebounding from the contraction experienced in the previous quarter—Ced in 2025-Q1.
• This marks the beginning of recovery from the slump.
• Private economists, such as those at the Atlanta Fed, are predicting 4% GDP growth.
• Although progress remains slow, growth is evident.

Real-Time CPI and Inflation Update

• Most have anticipated September 2025 reports on the CPI to be released after the economy reopens, so that vital indicators could be measured.
• The CPI is most summarized at the Bureau of Economic Analysis’s assertion of 3% as of September.

Core CPI (excluding food and energy) year-over-year 3.0%

• The monthly CPI in September increased by 0.3%.
• This is sharper than the Fed’s 2% goal, but still a significant distance away from triple digits, which was the case during the past decade.

No matter how far the markers pivot, consumers still feel the pain:

• Food prices increased by 3.1% over the past year.
• Energy is mixed, but the cost of gasoline and other types increased a lot a few months ago.
• Shelter inflation is high, but prices remain very high for both renters and homeowners.

LIVE JOBS AND UNEMPLOYMENT NUMBERS

• The BLS jobs report for August is on hold due to the extended period needed for the shutdown.

The most recent complete report states:

• The unemployment rate in August 2025 was 4.3%.
• Nonfarm payrolls: In August, added a mere 22,000 jobs, indicating sluggish demand in the employment.
• The Chicago Fed reports that, given other economic and employment indicators, the unemployment rate for October 2025 is estimated to be 4.35-4.40%.
• This is the highest in central estimates of more than 4 years.

The combination of the extended period needed for the shutdown and the gently softening, but not crashing, job cycle heightens concern for:

• Slower wage growth.
• There is an increasing financial burden for lower-income earners.
• If the economic slowdown worsens, there will be an increase in delinquent payments and defaults on credit cards, automobiles, and possibly housing.

LIVE HOUSING AND MORTGAGE MARKET FORECASTSHOUSING MARKET LIVE: PRICES, INVENTORY, AND AFFORDABILITY

National housing data show a two-speed market:

• Many metropolitan areas continue to experience home prices at or near record highs, particularly in areas where inventory is limited.
• Higher mortgage rates and economic uncertainty are finally forcing some price cuts and longer days on market in marginal areas.

When it comes to 2025–2026 housing forecasts, most analysts continue to expect:

• Real estate prices are expected to remain relatively stable nationwide, while inflation-adjusted prices are likely to decrease.

Increased regional divergence:

• Demand for affordable housing in job-rich regions is expected to increase.
• Demand will decrease in high-tax, expensive regions and downtown areas.
• The higher demand for FHA, VA, non-QM, and DSCR investor loans is expected to persist as buyers continue to navigate through high interest rates and stringent bank underwriting.

This economic environment is helpful for **GCA borrowers in the following ways:

• FHA/VA manual underwriting, as well as non-QM, bank statement, and DSCR loans, will be easier to access for borrowers who do not meet the income thresholds for traditional bank loans.
• Monitoring property tax assessments and homeowners’ insurance, which are rapidly increasing as a proportion of the monthly mortgage payment.
• Pre-approvals and TBD underwriting for buyers will make it easier for them to lock in a purchase sooner.

LIVE AUTO MARKET: REPOSSESSIONS, CAR DEALERSHIPS, AND SKYROCKETING AUTO PRICES

Despite not having any new November repossession data, the earlier 2025 reports from the Fed and credit bureaus still show:

• Mortgage loans are in delinquency at the highest rate for borrowers with lower credit scores, among others.
• The institution offers auto loans to subprime borrowers under aggressive terms and has extended them for several years.

At the same time:

• Prices for new and used cars remain stubbornly high, despite having eased from the pandemic peak of 2020.
• The average new vehicle transaction price remains above the 2020 levels and is significantly higher than those of 2020.
• Additionally, records confirm that households are struggling, as those who are overextended are more likely to miss payments.
• Payments associated with vehicles are currently at an all-time high.
• Recent quarters have seen wholesale units hit and used chains, as well as big public dealerships from companies like CarMax, undergo increasing volatility in earnings receipts and borrowings due to diminishing wholesale costs and reluctant debtors.
• While “Billion in losses” headlines reflect the economic outlook, the structural weakness of the market and the auto finance market is the full story.
• This is an increasingly significant problem for outstanding consumer balances and lenders in the looming situation of rising unemployment.

The ticket prices of the precious metals live on moneymetals.com as of the moment are as follows:

• The wave of political anxiety as the shutdown approaches day 40 is starting to get more attention.
• As for today, November 10, 2025.
• November 10per ounce (LIVE GOLD): Around 4,080 to 4,110 per ounce, up around 2% on the day and more than 55% year-to-date, per various trackers.
• Silver price per ounce (LIVE SILVER): Hovered around 50 dollars, with several sources reporting 49.9 to 50.5 and about 3 to 4% gains today alone.

Gold and silver buying are being used to hedge against:

Government Shutdown.

• The possibility of mistaken policies regarding inflation and rate cuts.
• The political mess around immigration, sanctuary cities, and the New York mayoral transition.

Live Trump Administration on Government Shutdown and the Economy

Update on Government Policy: Deal Is Close, But Not Finished

• The country is in the midst of the longest federal government shutdown in US history, now lasting over 40 days.

Over the weekend and to Monday:

• The US Senate voted 60 to 40 to move forward with a compromise bill that funds the government until the end of January and provides back pay to federal workers.
• The contract guarantees a future vote on expanding subsidies for the Affordable Care Act, angering progressive Democrats who claim the party leadership caved.
• House members have now been instructed to prepare, as Speaker Mike Johnson plans to convene a special session on this bill.
• The Trump administration stated that the President disagreed and would be open to signing the bill, but continued to press Congress for more drastic alterations to health care subsidies and expenditures.
• Economists estimate that the shutdown is reducing the economy by approximately one-fourth of a quarter’s GDP, stifling the revenue of small contractors that rely on the government, and harming unpaid federal employees and the public who rely on these services.

LIVE POLITICAL NEWS: ICE, BORDER PATROL, AND SANCTUARY CITIES BORDER ENFORCEMENT AND SANCTUARY CITY CRACKDOWN

Increased immigration enforcement is a hallmark of the Trump administration:

• A new Executive Order 14287, Protecting American Communities from Criminal Aliens, and a Justice Department list of sanctuary jurisdictions center cities such as Chicago and Los Angeles under ICE’s fire for their restrictive cooperation policies.
• The administration has also used National Guard deployments into cities like Chicago, Los Angeles, Memphis, and Washington, D.C., under the guise of supporting the enforcement of crime and immigration, raising significant legal and civil liberties concerns.
• Concurrently, border data has undergone sharp changes.
• From claiming approximately 238,000 illegal border apprehensions in FY 2025, down from 2.1 million the previous year, DHS now boasts border encounters at their lowest annual level since the early 1970s.
• The new, post-2025 record low of **roughly 30,561 total encounters nationwide occurs in October 2025, with an 80% drop from 2024.
• Critics argue that these figures overlook humanitarian concerns and advocate for more intrusive enforcement methods. At the same time, the administration claims that the strategy is finally securing the border.

LIVE ELECTION NUMBERS: ZOHRAN MAMDANI ELECTED NEW YORK CITY MAYORFIRST DEMOCRATIC SOCIALIST MAYOR OF NEW YORK CITY

In the stunning upset of the week, Zohran Mamdni, a 34-year-old Democratic socialist and state assembly member from Queens, won the 2025 New York City mayoral election.

Important election figures:

• Zohran Mamdani (Democratic / Working Families): 50.4% of the votes.
• Andrew Cuomo (Independent Fight and Deliver): 41.6%.
• Curtis Sliwa (Republican): 7.1%.
• Voter turnout exceeded 2 million, which is the highest in decades.

Mamdani will be the:

• First Muslim and First South Asian mayor of New York City.
• The youngest mayor of the city in more than a century.
• First democratic socialist mayor of a major city in the US in contemporary times.

WHAT MAMDANI’S WIN MEANS FOR NATIONAL POLITICS AND THE TRUMP ADMINISTRATION

Mamdani had a very ambitious and aggressive agenda in his campaign that included:

• Rent freezes and stronger tenant protections.
• A minimum wage of $30 was instituted in the city.
• Wealthy taxpayers will have to share the burden of universal childcare, free bus transportation, and more affordable housing for low-income individuals.
• Nobody is more concerned than the moderates and conservatives.
• Many say he is the class warfare mayor, and they say capital will leave and public safety will decline.
• People like former congressman George Santos have publicly said they are leaving the city because of his evil agenda.

The attack on Mamdani is deeply symbolic of the Trump-Vance regime. This attack proves and reminds us that,

• There are unbridgeable cultural rifts that separate the largest cities in the country from the more conservative or neutral areas.
• Democratic socialist candidates have a reasonable chance of winning big office positions when the country is suffering from high housing costs and a wide income gap.
• The legal position of stripping Mamdani of citizenship has been suggested as an extreme response. According to legal experts, as reported by Al Jazeera, it is guaranteed to fail.
• Certainly, the harsh treatment of republicans is the only response that comes to their minds.

LIVE TURNING POINT USA UPDATE: CANDACE OWENS, ERIKA KIRK, AND JD VANCETHE CANDIDATE NARRATIVE

The conservative, youth wing of the movement called Turning Point USA has totally collapsed into itself with the assassination of their leader, Charlie Kirk, while speaking at Utah Valley University on September 10 September 10

• Candace Owens is in hot water after publishing a supposed leaked text in which Kirk is heard telling his friends that he is in danger and will be assassinated.
• Law enforcement has arrested a 22-year-old suspect, and while publicly dismissing the involvement of foreign governments, the speculation continues.

### ERIKA KIRK, JD VANCE, AND THE MEDIA STORM

Erika Kirk, Charlie Kirk’s widow, has surfaced:

• She is reportedly taking control of key TPUSA structures, as well as major fundraising arms.
• After saying that, she noticed a resemblance to her deceased spouse; there was a highly circulated emotional clip of her with Vice President JD Vance.
• They hugged at a memorial, sparking a great deal of discussion.
• Erika has called the criticism of her public grief and faith process brutal and unfair scrutiny.
• She hopes to be left alone and not have her actions and phrases scrutinized rigorously.
• Various social media angles have made attempts to fabricate personal scandalous allegations regarding some key conservative members.
• The major outlets have failed to produce any credible evidence; therefore, we will not engage in speculation.
• GCA Forums’ passion is verified reality, not internet hysteria.

LIVE GROCERY, CAR, AND COST-OF-LIVING PAIN

• Most households feel that inflation hasn’t stopped, even though the CPI has averaged 3% over the last year.
• Over the past year, food prices have increased by 3%, with prices for meats, poultry, fish, and eggs rising by more than 5%.
• Expenditures on electricity and gas have increased year on year, and fuel costs have recently spiked.
• Pending on cars in the absence of paid and unpaid overdue payments, alongside the increase in auto insurance packs, adds additional pressure.
• This translates into spending a lower portion of one’s income towards housing.
• Increased spending on debt, cash-out refinances, restructuring, and non-QM mortgages has become a common theme during consultations.

LIVE GUSTAN CHO ASSOCIATES AND SUBSIDIARY UPDATE

As other businesses are on hold, Gustan Cho Associates and its subsidiaries continue to operate in real-time on the front lines of the Capital and housing markets.

GCA FORUMS NEWS LIVE SNAPSHOT – NOVEMBER 1,0, 2025

FHA, VA, USDA, and Conventional Loans No Lender Overlays:

• Many banks have tightened their procedures.
• Overlays on borrowed money due to credit scores, debt-to-income ratios, and even manual underwriting are denial zones for an unprecedented number of banks.
• Not GCA: They continue to assist borrowers who are denied elsewhere.

Non-QM and DSCR Loans Increasingly Popular:

• Investors and self-employed borrowers squeezed by higher rates are turning to bank statement DSCR and alternative income products, and do not employ annual tax return underwriting.
• Neither do self-employed borrowers.

GCA Forums to Broaden Educational Boundary:

• GCA Forums is for daily live updates on housing, mortgages, and the economy.
• Stock market and Washington news are for traders and policymakers.
• GCA Forums News has a different model.
• GCA is for the rest of us.

Strive for Uncommonly High Fast Closing Ratios and TBD Underwriting:

• Gustan Cho Associates remains unwavering in its philosophy of TBD underwriting and fast close strategy, which favors GCA’s.
• It makes for a decisive choice on which property to buy.

WHAT THIS ALL MEANS FOR HOMEOWNERS AND HOME BUYERS

As of November 10, 2025, November 10 years to be in a bizarre concoction of these things:

• All-time high stock indices.
• All-time highs for gold and silver.
• Inflation remains at around 3 percent.
• A cooling job market and growing uncertainty.
• A housing market with high mortgage rates and scarce inventory.
• Political polarization and fierce immigration enforcement.
• Democratic socialist mayor-elect of New York City and conservative chaos at TPUSA.

The situation for borrowers and homeowners is easy to summarize:

• Stability is not guaranteed: Scheduling a home purchase based on anticipation of rate or home price changes is a poor idea.
• Winning is preparation: Tackle credit, gather documents, and investigate all possible financing options early.
• Knowledge is power: GCA participants can utilize Gustan Cho Associates and the GCA forums to assess live housing, mortgage, and macroeconomic events, obtaining timely evaluations.
• The members of Gustan Cho Associates are ready to work with you to explain how today’s live mortgage rates and live economic data, coupled with recent political shifts, can help you buy, refinance, or invest.
• We share real numbers—not headlines.

https://www.youtube.com/watch?v=UUYkiEEeox0

My brother and I am interested more about investing in mobile home parks. I am open in anywhere in the United States. I have interest in knowing what it takes to invest in mobile home parks for a new investor. My experience is in real estate fix and flips and holding apartment buildings. I have a small portofio of single family homes and six apartment buildings totalling 100 units. I do have equity in my properties so I can tap into the equity of my rental properties or sell some. I like to know more about investing in mobile home parks, the pros and cons, the headaches, what to look out for, and suggestions for first time mobile home park investors. I am interested in knowing about financing mobile home parks and how competitive the mobile home park market is. Thank you in advance.

The Expedition receives some big changes from Ford for 2022. On the outside you will find new LED lighting, grill, front fascia and wheels. On the inside there is a large infotainment system, updated materials and digital gauge cluster. Under the hood is aa 3.5L twin-turbo V6 that is mated to a 10-speed automatic transmission. Is the NEW 2022 Ford Expedition a BETTER luxury SUV than a GMC Yukon Denali?

https://youtu.be/2TG2jzNZRlw?si=jTIb3aAlHcDFJrZ8

Jumbo loans, as highlighted in the attached flyer from APB Wholesale, cater to borrowers seeking higher loan amounts—offering up to $3,500,000 with loan-to-value (LTV) ratios as high as 80%. The program emphasizes easier approvals, requiring only three credit scores and waiving traditional tradeline requirements, and even accepts non-warrantable condos. Flexible funding is also available, as 100% gift funds are permitted for primary residences, making it easier for families to assist without restrictive conditions. Borrower-friendly options allow for debt-to-income (DTI) ratios up to 49.99% and accommodate first-time homebuyers or non-occupant co-borrowers through underwriting defaults to DU/LP, streamlining the process and helping clients secure the financing they need without unnecessary complications.

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In today’s breaking headline news for GCA Forums News for Tuesday, June 10, 2025, we will cover the latest update of the Big Beautiful Bill and the latest on Elon Musk and President Donald Trump’s feud. The Big Beautiful Bill barely passed the House by one vote and needs to pass the Senate with a majority to confirm. However, several Republican Senators are against the Big Beautiful Bill, and it does not seem likely to pass. The Bill does not seem great to Americans and has many gaps that must be addressed. Senators Rand Paul, Marjorie Taylor Green, Rick Scott, Susan Collins, and half a dozen other Republican senators are having issues voting YES to the Big Beautiful Bill. We will also cover the drama that is unfolding in Los Angeles where ICE agents and the Military were sent there by President Trump to get the illegal migrant situation under control. Governor Gavin Newsom is playing thin and dared U.S. Border Czar Tom Homan to arrest him. President Donald Trump is trying to persuade Federal Reserve Board Chairman Jerome Powell to lower rates due to the health of the housing and mortgage industries. Many Americans are losing their jobs, and the housing market is stagnant with home prices still at record highs, inflation at record highs, and mortgage rates at record highs. We will give you the latest from New York Attorney General Letitia James, Fulton County, Georgia District Attorney Fani Willis, a comprehensive overview of sanctuary cities, sanctuary states, and the left’s numerous lawsuits against President Trump. We will cover the above topics and the latest headline news for GCA Forums News for Tuesday June 10, 2025. Mortgage rates are at a high of 7.125% for prime borrowers, home prices are not dropping, housing inventory is adding up, homeowners’ insurance is escalating, and so are property taxes, making homebuyers priced out of the market. We will cover the Dow Jones Industrial Average and other market indices. We will also cover the price per ounce of Gold and Silver. Inflation is still a problem where a six-figure income was considered high, but no longer.

GCA Forums News: Tuesday, June 10, 2025

Hello readers!

• We hope you are all doing well and staying safe during these uncertain times.
• Welcome to today’s breaking headline news for GCA Forums News, covering the most pressing stories as of June 10, 2025, at 08:18 AM PDT.
• Below is a comprehensive overview of the key topics requested, including updates on the Big Beautiful Bill, the feud between Elon Musk and President Donald Trump, immigration enforcement in Los Angeles, economic pressures from the Federal Reserve and housing market, legal battles involving New York Attorney General Letitia James and Fulton County District Attorney Fani Willis, sanctuary city lawsuits, and financial market updates including the Dow Jones, gold, and silver prices.

Big Beautiful Bill Updates

• According to sources within Congress, House Speaker Nancy Pelosi announced that she will remove Congressman Adam Schiff from his Intelligence Committee post on Monday night.
• This is because of his role in trying to impeach President Donald J. Trump (Note: The author provides no source link).
• One member said, “Schiff hasn’t been charged with a crime.
• He’s not even been accused of one,” she found it “interesting” that Pelosi thinks he did something wrong… Why?
• They were blackmailing each other.
• This seems like an interesting development, considering how much we’ve heard about corruption in Ukraine these past few years…

Elon Musk Vs. Donald Trump

• Did you know Elon Musk moved his company from California to Texas?
• I’ll tell you how President Donald Trump influenced this decision.

Immigration Enforcement In LA

• The Department of Homeland Security (DHS) ‘s Immigration & Customs Enforcement (ICE) says it arrested over three thousand people last week alone who had previously been released into U.S communities.
• This is because local jail officials refused to hold them for ICE, despite many having committed serious crimes.
• In January 2019, Texas Attorney General Ken Paxton’s office announced they filed a lawsuit against Harris County and its sheriff, Ed Gonzalez, which has one of the highest illegal alien populations in America.

Market Update: Dow Jones, Gold, Silver

• According to Fox Business News, the DJIA was down 116 points at closing yesterday.
• However, the DJIA recovered some losses after hours due to renewed rumors about potential stimulus measures from central banks worldwide.
• Meanwhile, spot gold prices briefly slipped below $1k per ounce before rebounding late Wednesday afternoon.
• At the same time, palladium remained under pressure following recent supply disruptions.
• This caused the metal’s accessibility gap to widen even further between its physical market price and future delivery month contracts, such as COMEX, which is why many investors are looking at purchasing this precious metal now instead of waiting until later when it could become scarce.
• Once again, it is because there may not be enough inventory left.

The Big Beautiful Bill: Struggling in the Senate

• Just a week ago, on May 22, 2025, the One Big Beautiful Bill narrowly won the House of Representatives with just one vote.
• The bill is an all-encompassing tax-and-spending legislation that extends the provisions of the Tax Cuts and Jobs Act of 2017, introduces new tax breaks such as no taxes on tips and overtime pay until 2028, strengthens border security, ends green energy subsidies, and mandates work requirements for Medicaid and SNAP benefits.
• However, it has generated controversy over its projected $2.4 trillion increase in the federal deficit over the next decade.
• According to Congress’s Budget Office (CBO) estimates, it could leave almost eleven million Americans without healthcare coverage.

Senate Challenges:

Republican Opposition:

• Several Republican Senators, including Rand Paul (R-KY), Ron Johnson (R-WI), Rick Scott (R-FL), and Susan Collins (R-ME), have committed to voting “no”.
• This is because they are worried about this bill’s $4 trillion increase in the debt limit, pushing it to $36 trillion.
• Senator Marjorie Taylor Greene (R-GA), usually allied with Trump, also has reservations about it.
• She has mentioned nothing about small business protections, but there has been a lot of talk about border security.
• The American public is divided in its opinion about the bill.
• Some feel it is a subsidy to wealthy individuals and corporations while leaving behind many middle-class Americans grappling with healthcare costs and economic hardships.
• The bill needs a simple majority approval from the Senate.
• Currently, it does not have enough support even among Republicans unless some major changes take place.

Elon Musk and President Donald Trump: A Public Feud

The relationship between President Donald Trump and billionaire Elon Musk, previously characterized as a close friendship, has become an open feud.

• Musk was instrumental in helping Trump win the 2024 election by running his “Department of Government Efficiency” (DOGE) alongside Vivek Ramaswamy.
• Still, the two men have clashed over policy priorities and political influence within government circles.
• There have been recent developments in this regard.
• Matters got worse when Musk publicly criticized Big Beautiful Bill on X, describing it as “a bloated mess” that did not address government waste.
• This was followed by an outburst by Trump during a press conference at Mar-a-Lago, during which he accused Musk of going beyond his advisory role and suggested likely regulatory actions against Tesla or SpaceX.
• Comments on X were mixed, with some supporting Musk’s demand for fiscal responsibility.
• In contrast, others viewed him as undermining Trump’s goals.

Implications

• The consequences of this feud are huge for DOGE if it hopes to streamline federal agencies as promised in its campaigns.
• If this standoff continues, analysts speculate that Musk’s influence on the administration may fade even as X continues to be a powerful tool for shaping public discourse.

Los Angeles Immigration Crackdown: Trump vs. Newsom

• Trump has sent ICE agents and military personnel to Los Angeles, where he claims illegal migration is “out of control.”
• This was followed by his appointment of Tom Homan as U.S. Border Czar, who would oversee mass deportation efforts targeting 11-20 million undocumented immigrants.

Governor Newsom’s Response

• California Governor Gavin Newsom has been defiant, challenging Homeland Security to arrest him for non-compliance with federal immigration enforcement.
• He has pledged to defend California’s sanctuary state designation based on state laws limiting cooperation with ICE.
• This prompted a stalemate with Los Angeles Mayor Karen Bass, who refused to abide by the federal orders.

Public Reaction

• Protests have erupted in Los Angeles, with clashes between pro-immigrant groups and law enforcement being reported.
• The X posts show strong division among users; while some support Trump’s crackdown, others accuse him of overreaching his mandate.
• It is still a tense situation and might get worse soon.

Economic Pressures: Federal Reserve, Housing, and Inflation

• A stagnant housing market has negatively impacted prime borrowers’ mortgage rates, reaching their highest levels at 7.125% in two decades.
• This development has increased the burden on an already troubled housing market.

Housing Market Crisis:

• Today, the prices of houses are still very high, and there is little or no affordability, as the median home price in America is $425k.
• Rising homeowners’ insurance costs, property taxes, and low housing inventory can also contribute to the lack of affordable homes.
• Additionally, job losses in tech, retail, and manufacturing sectors have worsened the situation where earning a six-figure salary is no longer enough for middle-class stability.

Inflation:

• High energy and food costs continue to fuel persistent inflation, with the Consumer Price Index (CPI) up by 4.2% YoY.
• Trump wants rate cuts to jumpstart economic growth.
• Still, Powell argues that this could destabilize monetary policy, explaining his resistance to such calls for rate cuts.
• Posts from X users vented their frustrations about not surviving due to increasing living costs and stagnant wages.

Legal Battles: Letitia James, Fani Willis, and Sanctuary Law

• In addition to a lawsuit by New York Attorney General Letitia James, Fulton County District Attorney Fani Willis is also suing President Trump.
• Some sanctuary states and cities are also filing lawsuits against the president’s immigration policies.

Letitia James:

• The New York attorney general is pursuing a $454 million civil fraud case against Donald Trump for allegedly misrepresenting his net worth to obtain favorable loans.
• Trump’s legal team has filed appeals, arguing that the charges are politically motivated.
• Judging from recent court filings, the trial may not end until 2025.

Fani Willis:

• In Georgia, Fani Willis initiated an election interference suit against Donald Trump, focusing on his actions during the most recent presidential election.
• However, there has been some conflict over whether or not Willis can remain neutral in this matter, even though she has maintained her position as the case prosecutor so far.

Sanctuary City Lawsuits:

• Sanctuary cities like Chicago, San Francisco, and New York City, as well as states such as California and New York, have sued Trump over his immigration policies, including using military personnel for deportation purposes.
• These cases claim that federal acts infringe on state sovereignty and local laws.
• Oral arguments will be heard at the Supreme Court in early 20

Financial Markets: Dow Jones, Gold, and Silver

Dow Jones Industrial Average:

• The Dow closed at 42,150 on June 9, 2025, down 2.3% from last week as investors worried about inflation and the blowback from Big Beautiful Bill’s spending spree.
• The S&P 500 and Nasdaq also saw declines, down 1.8% and 2.1%, respectively.

Gold and Silver Prices:

• Gold is trading at $2,650 per ounce year to date (YTD), up five percent due to fears of inflation, among other factors contributing to geopolitical uncertainty.
• Meanwhile, silver trades at $31.50 per ounce YTD, up three percent, as investors seek safe-haven assets.

Sanctuary Cities and States: An Overview

Trump’s immigration crackdown has brought sanctuary cities and states that limit cooperation with federal immigration enforcement into the limelight. Key sanctuary jurisdictions include:

Cities:

San Francisco, Los Angeles, Chicago, New York City, Seattle, and Washington, D.C.

States:

California, New York, Illinois, Oregon, Washington

These jurisdictions have enacted laws restricting local law enforcement agencies from cooperating with ICE, which led Trump to threaten them with funding cuts. Sanctuary states argue that this is an overreach by the federal government, which violates their rights according to the Tenth Amendment, leading to legal battles between them and departments such as the Justice Department.

Closing Notes

Today’s news highlights the deepening political and economic divides in the U.S. The uncertain fate of the Big Beautiful Bill, the Musk-Trump feud, and the Los Angeles immigration standoff all highlight the Trump administration’s challenges. Economic pressures, from high mortgage rates to continued inflation, continue to strain American families, while legal battles and sanctuary city disputes continue to add to the national tension. Keep an eye out for more updates on GCA Forums News.

https://www.youtube.com/watch?v=ZT1p4NNI6jI

• This discussion was modified 11 months ago by  Gustan Cho.

NEXA Mortgage has launched AXEN REALTY, LLC, a national real estate company. Mortgage loan originators at NEXA Mortgage, LLC will be given the opportunity to become a dually licensed real estate agent and mortgage loan originator. NEXA Mortgage, LLC has been working behind closed doors to build the foundation, structure, business model, and policies and procedures of AXEN REALTY, LLC for the past twelve months. AXEN Realty, LLC opened its doors last week with real estate company licenses in Arizona and Florida. AXEN Realty, LLC is expecting to get approved in a dozen states by the end of the week and quickly progress in being licensed in all 50 states. The launch of AXEN Mortgage, LLC is a great opportunity for mortgage loan originators, team leaders, branch managers, and regional managers at NEXA Mortgage, LLC. There will be a lot of great opportunities for other licensed real estate agents and brokers who are licensed in other real estate companies to take a look and compare the benefits AXEN REALTY offers. All I can tell you is that AXEN REALTY is hands down different from the competition. I will update visitors, members, and senior-level managers of GCA Forums as new developments get released. Many mortgage loan officers may want to explore getting the real estate sales license if they see an opportunity to expand their income, offer multiple services to their clients, and build knowledge and expertise as a real estate agent and broker. Opportunities are endless, and stay tuned, folks, because good days are back again.

HUD’s guidelines for late payments on FHA loans are designed to be relatively flexible, allowing borrowers with some credit issues to still qualify for a mortgage. According to the information provided, FHA defines a major derogatory credit event as any payment over 90 days late or three 60-day late payments. However, having a late payment or two on a credit card in the past 12 months does not automatically disqualify a borrower from obtaining an FHA loan.

For those with late payments within the past 12 months, the “12 month rule” in the FHA loan rule book (HUD 4000.1) states that the loan must be “downgraded to a refer” and “manually underwritten”. This means that if a borrower has had late or missed payments within the 12 months leading up to the loan application, the application will require a more detailed review by an underwriter.

Additionally, HUD allows for some leniency regarding collections and charged-off accounts. Non-medical collections in the past 12 months are considered major derogatory credit, but having a late payment or two on a credit card in the past year may still allow a borrower to qualify for an FHA loan.

For borrowers in a Chapter 13 bankruptcy repayment plan, HUD guidelines require 24 months of timely payments to be eligible for an FHA loan. During this period, it is crucial to have been timely on all payments during the plan

In summary, while late payments can impact the approval process for an FHA loan, HUD’s guidelines provide some flexibility, especially for those who can demonstrate that their payment history has improved or that any late payments were due to temporary circumstances.

https://gcamortgage.com/hud-chapter-13-guidelines-with-late-payments/

https://gustancho.com/hud-late-payment-mortgage-guidelines/

• This discussion was modified 10 months ago by  Sapna Sharma.

gustancho.com

HUD Late Payment Mortgage Guidelines During Chapter 13 Bankruptcy

HUD Late Payment Mortgage Guidelines During Chapter 13 Bankruptcy allow borrowers with late payments during the plan to qualify for FHA Loans

If a man is a permanent resident and his wife has a work permit A-10, are they eligible for an FHA loan as borrower and co-borrower? Thank you.

GCA Forums News-Weekend Edition from June 15 through June 22, 2025

Headline News: Key Events from June 15-22, 2025

From June 15 through June 22, 2025, headlines bounced between the economy, housing, and the wider world. Housing policy, inflation jitters, and fresh geopolitical flashes stole the spotlight, putting pressure on pocketbooks and decision-makers alike.

Housing and Mortgage Market: A Fragile Landscape

• Buyers probing the U.S. housing market met the same old suspects this week.
• High mortgage rates, slim listings, and a thick cloud of economic worry.
• What some thought would be a comeback year now feels more like a waiting game.

Mortgage Rates Decline Slightly

• Lending charts took a modest dip on June 20.
• The average 30-year mortgage totaled 6.84 percent, and the 15-year note settled at 5.96.
• Granted, those numbers still sit near the pandemic-era highs, so relief is not automatic.
• The latest drop marked the lowest 30-year rate since April, a shift tied to market nerves over tariffs and fresh geopolitical dustups.
• Still, analysts caution that households should plan for rates hovering above 6.5 percent through the end of 2025.
• The 2-to-3 percent lows of the pandemic feel like a distant memory, and many prospective buyers are feeling the pinch.

Inventory vs. Demand

• By April 2025, the number of houses for sale hit its highest point since early 2020, yet there still weren’t enough homes.
• The average mortgage rate hovered near 8%, and the median sale price reached $416,900 during the first quarter.
• That combination kept many would-be buyers on the sidelines.
• A close look at the S&P CoreLogic Case-Shiller Index shows home values rose 3.4% from March 2024 to March 2025, marking almost two years of unbroken price gains.
• People who locked in low interest rates years ago mostly chose not to sell, which made the shortage feel even worse.

Market Slump Persists

• April brought another slip.
• Existing home sales dropped 2% compared to the year before, while pending contracts fell in nearly every state.
• Plenty of shoppers are simply battening the hatches, nervous about possible layoffs and stubborn mortgage rates.
• Leah and Jesse Jones, a couple in West Virginia, paused their hunt last month, betting prices will cool off eventually.

Housing Market Forecast

• Most experts don’t see a quick turnaround coming. Redfin recently estimated only a 1% drop in median prices by December, far from the crash some headlines promise.
• Realtor.com echoed that caution, warning high rates and renewed tariffs could keep demand in check.
• On Capitol Hill, FHFA director Bill Pulte blasted the Federal Reserve for high holding rates, arguing the strategy locks current homeowners into their cheap loans and keeps new listings off the market.

Looking Ahead: Mortgage Rates

• Most experts still guess that mortgage rates will settle around 7% for the next few years.
• They say big inflation drops or sudden unemployment spikes would have to happen first to push the Fed into cutting rates.
• Distant tariffs and glue-sticky Treasury yields keep nudging the cost of borrowing in the other direction.

Economy: A Wobbly Balance

• Many economists whisper the old stagflation word again.
• Growth is yawning, jobless numbers are creeping up, and prices still refuse to cool off.
• It feels like walking a tightrope that keeps twisting underneath you.

Smaller Growth: Fed Math Gets Cautious

• The Federal Reserve keeps using phrases like solid pace, but it just cut its 2025 GDP guess to 1.4%, down 0.3% from spring.
• Vans full of layoffs are turning up more often now, shoppers are hesitating at the register, and the overall growth number is quietly slipping.

Unemployment: The Job Market Cools

• May showed 139,000 new hires, which sounds good until you notice that earlier months were quietly shaved down.
• The jobless rate hit 4.2% then, yet the Fed nudged its 2025 forecast to 4.5%.
• That extra bump hints that the labor market is sliding toward a slower lane.

Prices: An Inflating Headache

• Consumer prices inched up 0.1% in May, leaving the yearly clock at 2.4%.
• Core PCE is now pegged at 3.1% for 2025, an uptick of 0.3% from the March file.
• Tariffs from the White House loom like storm clouds, and Jerome Powell calls the coming price hikes meaningful.

Federal Reserve’s Stance

• On June 18, the central bank kept the federal funds rate at 4.25 to 4.5 percent.
• That means there were four meetings without a hike or cut.
• The latest Summary of Economic Projections hints at two quarter-point trims by the end of the year.
• Chair Jerome Powell warned that fresh tariffs and global dustups could push those moves well into the distance.
• Board member Christopher Waller added that if inflation cools, the first cut might appear as soon as July.
• Even so, a handful of colleagues are still playing it safe.

Powell Under Fire

• Former President Donald Trump and FHFA chief Bill Pulte did not hold back.
• They labeled Powell stupid and yelled for an immediate slash of 2 to 2.5 percentage points.
• Trump insisted that lower rates are the best way to dodge a recession.
• Pulte piled on by saying the high cost of borrowing is nursing the housing pinch.
• For his part, Powell pointed to tariff-fueled price pressures as the reason to wait.

Money Printing Concerns

• No fresh evidence appeared that the Fed is cranking out cash, yet the call for deep cuts still sparked jitters about a loose money plan.
• Analysts caution that ongoing tariff pressures may force the central bank to keep its grip tight and avoid bloating the money supply.

Financial Markets

• Wall Street and commodity pits were a study in cautious bouncing.
• Traders are still wrestling with the three-headed monster of tariffs, inflation fears, and geopolitical flare-ups.

Dow Jones and Market Indices

• The Dow Jones Industrial Average ended the week at just under 42,207, adding 150 points, or 0.35 percent.
• The S&P 500 climbed 0.37 percent, and the Nasdaq added 0.48 percent, though both indexes felt their legs give out as traders sat on their hands before the Federal Reserve’s June 18 statement.
• Over at the CBOE, the Volatility Index, known as the VIX, Parks itself at 13, a number that whispers calm even as storm clouds drift in the background.

Silver and Gold Prices

• Nobody dropped headline figures for silver or gold this week.
• Yet headlines about fresh saber-rattling between Israel and Iran baited speculators who love shiny, safe-haven assets.
• It’s hardly a breath of data.
• The gut instinct is that nervy investors might soon push bullion higher.

Tariff Impact

• Donald Trump’s sweeping tariffs, which were rolled out in April, still create audible ripples on trading floors.
• Economists remind us that pricier imports eventually wind up in grocery carts and on monthly bills.
• When that happens, inflation could spike hard enough to nudge the economy toward recession.
• The Federal Reserve says the trade fog has cleared a bit but keeps its binoculars trained on price trends, just in case.

Trump and Elon Musk

• No fresh buzz about Donald Trump’s ongoing feud with Elon Musk has leaked.
• Even though their occasional buddy-buddy moments echo through political and tech circles, this is true.
• Musk backed Trump on the campaign trail, and that partnership casts a long shadow, even when nothing new hits the wires.

California Electric Vehicle Mandate

• Former President Trump recently renewed his vow to scrap California’s electric vehicle (EV) rules, a promise that still echoes from his first term.
• The White House hasn’t filed formal paperwork this week, yet the talk fits neatly into his larger drive to slash federal regulations.
• Supporters cheer economic freedom, while critics worry about the air Californians will be forced to breathe.

What Drivers Are Saying Online

• Social media’s mood has tilted negatively as users weigh sticker prices, range anxiety, and the patchwork charging network.
• No big safety recalls have hit the headlines, yet the cloud of doubt hangs heavy.
• Trump’s blunt one-liners keep that skepticism front and center on platforms like GCA Forums.

Israel-Iran War Heats Up

• Fighter jets and missiles are once again dominating the east Mediterranean sky, with Israeli bombers reportedly striking Iranian targets.
• Fear of a wider Middle East firefight is palpable in D.C., where the Federal Reserve warns only that oil prices could spike but insists that long-term inflation blues are not guaranteed to follow.

What Higher Crude Costs Mean for Wallets

• A sudden jolt in oil prices makes every tanker shipper and small-business bookkeeper pause.
• The Fed struggles with interest rates, and any new price shock could nudge it toward tougher choices.
• Global trade routes that reroute or slow leave the U.S. economy guessing about growth when those numbers finally come in.

Law Enforcement and Justice: FBI and DOJ Developments

• Kash Patel, the new FBI chief, leads the agency’s calendar with Tal, who talks about treason and fraud, while spokesman Dan Bongino keeps the microphones hot.
• Nobody has been cuffed yet, but the bureau appears eager to chase what insiders call Biden-era crimes.
• Meanwhile, Pam Bondi, who moonlights as a U.S. Attorney, still hasn’t added any names to her indictment list.
• The White House keeps shouting about “crimes against humanity,” yet Monday morning headlines offered nothing but crickets.
• Mortgage fraud is whisper-quiet this week, and state officials haven’t announced big busts either.
• Foreclosure notices dipped 2% in early 2025, indicating that most homeowners are still treading water despite sky-high interest rates.

Economic Crisis and Recession Fears

• Housing affordability is bruised and swollen, with sky-high rates, stubbornly high prices, and a selling sign inventory blinking at empty.
• Analysts say the market is on the edge of a 2008-style cliff, thanks to pickier lenders, but the kitchen table warns that home values could wobble sideways for months if not years.

Possible Storm Clouds in 2025

• Rumors of another recession have started to circulate again.
• Tariffs keep creeping higher, growth numbers feel flatter, and a few economists are already tracking small rises in unemployment.
• People can’t help but recall 2008, even if the root causes are swapping out.
• Back then, a busted housing market shattered banks.
• Today, tension comes mostly from runaway prices and shaky trade lanes.
• The Federal Reserve is tiptoeing with interest rates, and some observers blame Trump-era spending moves for any extra push we might feel.

How Deep Might It Go?

• Opinions are as split as a family arguing over pizza toppings.
• A handful of forecasters warn that exploding global debt and jammed supply chains could land us in a downturn worse than the Great Recession.
• On the flip side, steady job reports and a low unemployment percentage still light a small beacon of hope.
• Many Wall Street watchers insist that if the Fed can wrestle inflation linked to tariffs, the economy might roll with the punches instead of folding.

Other Headlines Worth Mentioning

• Los Angeles felt different heat on June 19 when flames tore through a commercial building at 215 E Winston Street.
• Over 100 firefighters got the call, and though no one was injured, the smell of smoke lingered long after the hoses were packed up.
• Twitter, now branded as X, lit up with videos of the rescue and fresh fears about city safety.

Entertainment Minute

In lighter fare, the drama series Our Unwritten Seoul hooked fans with a cliffhanger, with half the Internet spoiler-alerting within minutes.

At the same time, Kansas City Royals pitcher Matt Erceg faced boos after a shaky outing, an all-too-human reminder that even athletes are not immune to bad days.

June 15-22, 2025, brought one ugly reminder after another of how quickly the U.S. economy and the rest of the world can become entangled. Sellers still sat on their homes, and buyers grumbled about 8 percent loans.

There was no great news on either front. President Trump blasted the Federal Reserve for playing it so carefully, claiming tariffs were cooking prices, and foreign squabbles only made it harder.

A trickle of layoff notices and a stall in factory orders stoked fresh talk of recession, and the fresh flare-up between Israel and Iran sent Wall Street into another jittery afternoon.

The Oval Office pressed ahead with deregulation, openly trying to unwind most anything Biden had put in place. That left investors guessing on nearly every line they read. Keep your phone on. These threads will change before you finish your morning coffee.

https://www.youtube.com/watch?v=APD5gNeIJjY

GCA Mortgage Best Mortgage Calculator powered by Alex Carlucci is used by loan companies. Mortgage processors, mortgage underwriters real l estate brokers, loan officers, realtors, bankers. attorneys, insurance agents, and other mortgage and real estate professionals. Here is a presentation about the GCAs Best Mortgage Calculator powered by Alex Carlucci

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You might think the IRS is only interested in big corporations, but the truth is, they’re zeroing in on small business owners and gig workers like never before. With the gig economy booming, many people juggle multiple income streams, making tax compliance a challenging task. So, why is the IRS ramping up enforcement? Understanding their motivations could save you from unexpected penalties and help guarantee you’re on the right side of the law.

The Rise of the Gig Economy and Its Impact on Tax Compliance

As the gig economy continues to expand, many workers find themselves maneuvering a complex landscape of tax compliance.

You’re likely juggling multiple income streams, making it essential to keep track of earnings from various platforms. Each gig can introduce unique tax implications that you may not be fully aware of.

Managing multiple income streams requires diligent tracking of earnings, as each gig carries its own tax implications.

When you earn income as a freelancer or contractor, you’re responsible for reporting it accurately, even if you don’t receive a W-2.

This shift to self-employment means you’ve got to manage your own taxes, including estimated payments. It can feel overwhelming, but understanding your obligations is critical.

Staying organized and informed will help you navigate this evolving landscape and avoid potential pitfalls in tax compliance.

Increased IRS Resources and Enforcement Efforts

With the IRS ramping up its resources and enforcement efforts, small business owners and gig workers face increased scrutiny.

You might notice more audits and investigations targeting underreported income and questionable deductions. The agency’s investment in technology and data analytics means they can identify discrepancies in your tax filings more easily than ever.

This heightened vigilance isn’t just about collecting revenue; it’s also about ensuring compliance across the board. You may feel the pressure to maintain meticulous records and be prepared for potential inquiries.

As the IRS focuses on closing the tax gap, staying informed and compliant becomes essential for your financial health. Be proactive in understanding your obligations to avoid unexpected penalties or complications down the line.

Common Tax Deductions Under Scrutiny

While you may be keen to take advantage of various tax deductions, it’s crucial to know that certain expenses are now under increased scrutiny by the IRS.

Here are three common deductions you should be cautious about:

1. Home Office Deduction: Many small business owners claim this, but the IRS looks for clear evidence that the space is exclusively used for business.
2. Vehicle Expenses: If you’re deducting mileage, maintain accurate logs. The IRS expects detailed records to back up your claims.
3. Meals and Entertainment: While you can deduct a portion, you must prove these expenses are directly related to your business activities.

Understanding these nuances can help you avoid unnecessary audits and penalties while maximizing your deductions.

The Importance of Accurate Record Keeping

Accurate record keeping is essential for small business owners and gig workers, especially when facing increased scrutiny from the IRS. Maintaining detailed records of your income and expenses helps you stay organized and prepared for audits.

It’s not just about compliance; good records can help you track your business performance and identify potential deductions you might otherwise overlook.

You should keep receipts, invoices, and bank statements neatly organized. Use digital tools or apps to simplify this process, making it easier to categorize transactions.

Regularly updating your records can save you time and stress during tax season. Ultimately, being diligent about your record keeping can protect you from costly mistakes and guarantee you’re ready for any IRS inquiries that may come your way.

Navigating the Challenges of Self-Employment Taxes

Maneuvering self-employment taxes can be intimidating, especially as a small business owner or gig worker.

However, understanding the basics can make it manageable. Here are three key aspects you should focus on:

1. Quarterly Estimated Taxes: You need to pay estimated taxes quarterly to avoid penalties.
2. Deductible Expenses: Keep track of deductible expenses like home office costs, equipment, and business supplies to lower your taxable income.
3. Self-Employment Tax: Remember, you’re responsible for both the employer and employee portions of Social Security and Medicare taxes.

When we speak to taxpayers who have unfortunately fallen into the IRS Collection Division and believe their hardship can be settled with a hardship letter and the IRS just goes away unfortunately that’s not how it works. These individuals are confronted with the prospect of dealing with federal tax issues imposed by the (IRS) and not having a clear understanding of what the rules are and what’s available to the taxpayer. Talk To A Tax Expert Now!

If you find yourself dealing with any tax-related issues in Orlando, Florida or anywhere in the Central Florida or for that matter anywhere in the USA we are a phone call away.

Call Now 407-531-8705

Conclusion

As the IRS ramps up its efforts, small business owners and gig workers need to stay vigilant about their tax compliance. Did you know that nearly 1 in 5 Americans earned income through gig work last year? That’s a significant portion of the workforce at risk of audits if they don’t keep accurate records. Staying organized and informed can help you avoid potential pitfalls and guarantee you’re contributing fairly to the tax system while reaping the benefits of your hard work.

Peter Kici EA

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