GCA Forums News for July 8, 2026

GCA Forums News: the oil shock, a Fed division, mortgage rates, housing affordability, the gold and stock markets, jobs, inflation, and buyer tips.

Mortgage Market Shock Report: Oil Spikes, Fed Split, and Homebuyers Face a Brutally High July 8, 2026

Published Wednesday, July 8, 2026

GCA Forums News Daily Report; Powered by Gustan Cho Associates

The Lead: Oil Just Punched the Mortgage Market in the Mouth

Is the mortgage market facing even more challenges? Buyers are already dealing with high home prices, tighter budgets, and rising property taxes and insurance, while lenders are making it harder to qualify. Now, oil prices have jumped again.

On Wednesday, July 8, 2026, worsening U.S.-Iran relations pushed crude prices higher, adding pressure to the stock market and raising concerns about inflation and mortgage rates.

Brent crude topped $78 a barrel, and U.S. crude was just under $75.80, according to an AP Market report. Oil prices affect everyone in the housing market. When oil goes up, so do the costs of gas, shipping, food, utilities, and construction, all of which push inflation higher. Higher inflation means higher bond yields and, eventually, higher mortgage costs. That’s why rising oil prices matter to homebuyers, homeowners, real estate agents, loan officers, builders, investors, and renters across the U.S. housing market.

Today’s Fast-Moving Mortgage and Economic Snapshot

Mortgage Rates Are Still Squeezing Buyers

In Bankrate’s July 8 lender survey, the average cost of a 30-year fixed mortgage jumped to 6.52% (up from 6.49% the week prior). Bankrate reported that the cost of a 15-year fixed mortgage was 5.85% and that of a 30-year jumbo was 6.58%. Bankrate reported that inflation and oil volatility would put additional pressure on mortgage rates.

In Freddie Mac’s July 2 weekly survey, the average cost of a 30-year fixed mortgage was 6.43%, and a 15-year fixed was 5.79%. Unlike Freddie Mac, Bankrate relies on the market to set prices; Bankrate’s prices can change day to day,, while inflation, oil prices, bonds, and news can affect the market.

Mortgage Applications Fell During Holiday Week

According to the Mortgage Bankers Association, mortgage applications fell 2.2% during the week ended July 3, 2026. These results have been adjusted for the Fourth of July holiday. Trading Economics reported the same 2.2% weekly decline.

This drop is important for a few reasons. Mortgage applications are an early sign that buyers may be hesitating. When interest rates go up, so do monthly payments, making it harder to get approved. As buyers pull back, sellers slow down too, and lenders have to work harder to close deals with the few buyers who still qualify.

Wall Street is Apprehensive — Main Street is Worn Out

Stocks Fell, and Oil Prices Increased

Stocks performed poorly on Wednesday. The S&P 500 dropped 0.3% and closed at 7,482.71. The Dow Jones Industrial Average fell 576.76 points, a 1.1% drop, and closed at 52,348.39. The Nasdaq gained slightly, up 0.2%, and finished at 25,870.65 after an early loss.

GCA Forums News notes that there hasn’t been a stock market crash yet, but the performance gap is concerning. Many American households are losing purchasing power, even though Wall Street has done well this year. With the dollar’s value lagging behind, people are frustrated and looking for real answers.

The 10 Year Treasury is the Indicator for the Mortgage Industry

The 10-year Treasury yield ended Wednesday at 4.58% as inflation worries tied to higher oil prices resurfaced. This yield is a key signal for long-term mortgage rates, but mortgage rates don’t always move exactly with the 10-year Treasury each day. If bond investors see rising oil prices as a sign that inflation will go up, they demand higher yields. This makes mortgage-backed securities less attractive unless mortgage rates rise as well. That’s why a sudden oil crisis can quickly show up in a homebuyer’s monthly payment.

Oil Could Take a Bite Out of Every American’s Budget

Crude Costs Soar on Renewed Tensions Between the U.S. and Iran

After hostilities between the U.S. and Iran rekindled, the markets experienced a jolt on July 8. Per the AP, crude prices surged to weekly highs after the President announced that a ceasefire was not going to be upheld with Iran. The AP also stated that gasoline prices were $3.80 a gallon, up a cent from the previous day. However, prices were lower than the $4.16 monthly average.

Crude oil prices are a major factor in gasoline prices. When crude oil prices go up, they raise the cost of goods, commuting, and running small businesses.

If inflation is already high and fuel prices stay up, it’s much harder to bring inflation down.

Oil impacts housing in many ways. It raises the cost of shipping and delivering building materials, increases commuting costs for suburban buyers, and increases costs for landlords and builders. It also pushes inflation higher and can influence the Federal Reserve’s decisions.

That’s why oil isn’t just a foreign policy issue right now—it’s also making mortgages even less affordable.

Split Fed, Caught BorrowersFed Officials Are Split Over Inflation

The Fed’s split over cooling or sustained inflation became clearer from June’s meeting minutes. Some Fed officials believed inflation would decrease and interest rates would be lower or steady by the year’s end. Others thought the opposite. Though concerns about inflation were evident in the minutes, the Fed decided to keep the target rate unchanged at the June meeting.

Update on Oil Prices

The Fed is monitoring oil prices, consumer inflation expectations, tariffs, wages, and the job market. AI-related investments are also under the Fed’s watch. Some Fed officials are worried that AI-related investments will keep technology demand high and, in turn, keep inflation elevated. Strong investment activity and consumer confidence are keeping inflation elevated.

The New York Fed’s Consumer Expectations Survey for June reported that the 1-year inflation expectation is 3.7%, the highest since September 2022. The 3-year inflation expectation is 3.3%, and the 5-year is.

This matters because inflation isn’t just about last month’s Consumer Price Index (CPI); it’s also about what people expect in the future. If people expect higher inflation, businesses may raise prices, workers may ask for higher wages, and the Fed may need to adjust rates to keep up. Mortgage rates might drop, but inflation is the real challenge.

CPI and Core Inflation still exceed the Fed’s Target.

The CPI for June 2023 reported inflation for the year ending May 2023 was 4.2%. The Core CPI, which excludes food and energy, was 2.9%. The cost of fuel and energy also rose, with fuel costs up 40.5% alone.

Shelter is another problem area. The BLS reported a 0.3% increase in shelter in May and a 3.4% increase for the year. Renters and homeowners are still feeling the sting of housing costs in the inflation figures.

June CPI Report and the Possibility of Increased Mortgage Rates

The June CPI report is due on Tuesday, July 14, 2026, at 8:30 AM ET.

If inflation numbers are higher than expected, bond yields and mortgage rates will likely rise. If inflation drops, mortgage pricing should improve. That’s why buyers, homeowners thinking about refinancing, and loan officers should pay close attention to the upcoming inflation report.

Jobs Look Stable on the Surface, But the Details Are Softer

Unemployment Stayed Low. Job Growth Slowed

According to the June jobs report, the unemployment rate was 4.2%, and non-farm payroll increased by 57,000. The BLS reported little movement in both payroll figures and the unemployment rate in June.

The BLS reported that the labor force participation rate decreased to 61.5%, and the employment-population ratio decreased to 59.0%. Of greatest concern, long-term unemployment increased by 286,000, bringing the total to 1.9 million unemployed.

Mortgage Lenders Care About Jobs

Mortgage approvals rely on steady incomes. A borrower may have excellent credit yet still face challenges if their income is decreasing, they are working overtime on a very inconsistent basis, if they are self-employed, or if they have too much debt relative to their income.

Being a borrower can be inconvenient. You need to keep your income documents up to date. Taking on new debt or changing jobs without talking to your loan officer can cause issues. Don’t assume your pre-approval is final until an underwriter has reviewed everything.

Housing Is Not Dead, But Affordability Stays Bad

Sales of Existing Homes Are Improving, But Prices Are Still High

NAR reported existing-home sales climbed 3.2% in May to a seasonally adjusted annual rate of 4.17 million. The annual rate of the existing median home sale price increased to $429,300. The current existing home inventory is 1.55 million, at a 4.5-month sales rate.

There isn’t a housing crash, but the market is under pressure. Sales have picked up, but prices are still high, and there aren’t enough affordable homes in some areas. Buyers do have choices, but the shock of high payments is still a problem.

New Home Sales Are Indicative of Builder Pressure

According to the Census Bureau and HUD, new single-family home sales, at a set annual rate for May, were 580,000, down 7.3% from April and down 6.8% from May 2025.

The month’s new inventory of single-family homes had a sales supply of 10.3, and the median price of newly sold homes was $424,900.

This market puts pressure on builders, and with a 10.3-month supply of homes, they may offer rate buydowns, help with closing costs, price cuts, or special deals on homes in inventory. Buyers should compare these offers with independent loan options before making a decision.

The Average American Is Financially Stretched

Household Debt Is Near Record Territory

According to the New York Fed, household debt reached $18.8 trillion, up $18 billion in the first quarter of 2026. Mortgage balances rose by $21 billion, to $13.19 trillion. Consumers are not necessarily collapsing, but these figures do. Consumers aren’t falling apart, but these numbers show just how much debt is out there.

With high rates on mortgages, credit cards, car payments, plus expensive insurance, groceries, utilities, and gas, many families have little room in their budgets. according to consumer credit report published on July 8.

Consumer credit was flat in May, on a seasonally adjusted basis. Credit cards, which are classified as revolving credit, decreased at a 4.7% annual rate, while all other consumer loans (nonrevolving credit) increased at a 1.6% annual rate.

People may be getting more cautious with their money, paying down credit cards and avoiding charge-offs. For mortgage borrowers, the smartest move is to avoid taking on new debt. If you open a new credit card, take out a loan, or buy a car, the underwriter could deny your mortgage application.

Precious Metals Watch: Gold Fell Even With War Headlines

Gold and Silver Slipped as Rate-Hike Fears Returned

Gold failed to serve as a safe-haven asset on Wednesday. Reuters reported that gold spot prices fell 0.9% to $4,067.39 per ounce, while U.S. gold futures fell to $4,082.40 per ounce, settling 1.8% lower. Spot silver decreased by 2.9 %, settling at $58.25 per ounce.

That’s why rising oil prices are a concern and why many expect interest rates to rise due to inflation. Higher rates hurt gold and other assets that don’t pay interest. Reuters also reported that Bank of America cut its 2026 gold forecast by 14% to $4,360, though some still predict gold could hit $5,000 once central banks stop raising rates.

Heating Up: Iran, Oil, and Affordable Housing are Related Now

Foreign Policy and its Impact on Domestic Budgets

The renewed U.S.-Iran conflict is a kitchen-table issue because oil drives inflation, which in turn raises interest rates and drives up mortgage payments. AP stated that there is more uncertainty after the renewed attacks and Trump’s statement that the ceasefire is over.

For voters, the questions are straightforward: Can Washington keep energy prices down? Can it lower housing costs? Can it stop inflation from rising? Can it help working families and prevent borrowing costs from going up?

Congress is Discussing Housing, But Relief is Needed Now

Bipartisan housing bills were advanced in Congress to lower housing costs and increase housing supply. AP stated that in the lead-up to the midterm elections, both parties sought to demonstrate they could work together on housing issues.

Increasing supply is the long-term solution, but right now, homebuyers need relief from high payments and debt, better loan options, more flexible lending, and lenders who understand complicated situations.

What This Means for Homebuyers Right Now

Don’t Just Compare Rates

A low advertised rate isn’t everything. You should review the full loan estimate, including points, lender fees, mortgage insurance, closing costs, lock terms, and the likelihood you will actually close the loan.

A potential borrower with inferior credit, a higher debt-to-income ratio, self-employed income, recent bankruptcies and collections, and overlay concerns should not assume that all lenders operate under the same guidelines.

Among other things, mortgage approvals vary depending on the lender’s choice of investors, overlays, and manual underwriting, as well as on the use of non-QM, FHA, VA, USDA, conventional, jumbo, or bank statement programs.

Ask These Questions Before You Give Up

If the lender has a denial, ask what rule they were denied under. Was it due to an AUS finding? A certain debt-to-income ratio? Late payment? Credit score? Reserves? Income calculation? Student loans? Disputed account? Property? Appraisal? Lender overlay? There are a number of things it could be.

Always get a second opinion before giving up on a deal.

What This Means for Homeowners

Post-2020 Refinancing Is a Math Problem

Refinancing may or may not be worth it. It may make sense to refinance if a homeowner can lower their payment by removing mortgage insurance, consolidating high-interest debt, going from an FHA loan to a conventional loan, going from an ARM to a fixed-rate loan, or cashing out.

However, refinancing might not make sense if closing costs are high, the break-even point is too far off, or your costs don’t go down enough.

Cash-Out Refinancing

Cash-out refinancing lets you pay off higher-interest debt, like credit cards or medical bills, or get cash for home repairs. But it resets your mortgage term and increases your total interest costs. Homeowners should also consider second mortgages, HELOCs, debt management plans, or budget adjustments.

GCA Forums News Editorial Takes

An Unusual Summer Market

There are several reasons to be concerned about the current market. Oil prices keep rising, inflation isn’t under control, and the Fed is divided. Mortgage rates and home prices are still high, and fewer people are applying for loans.

Buyers are nervous, sellers are holding back, and in some places, builders are offering deals. Many consumers are struggling with too much debt.

This is a tough financial market, but there’s no need to panic or expect a crash. It’s clear that many consumers are feeling the strain, especially in the mortgage market.

The Borrowers Who Will Succeed

The buyers who succeed now are those who have all their documents ready, are properly preapproved, realistic about their debt, and careful with their finances. It also helps to work with lenders who know how to handle tough situations.

GCA Forums News will continue to monitor employment, the housing market, oil prices, inflation, the Fed’s policies, changes in mortgage rates, and how ever-changing market conditions will affect lender guidelines.

Viewer Call-To-Action

Have you been denied a mortgage because of rising rates? Do you feel stuck by confusing lender rules? Share your questions in the GCA Forums. By sharing your experience, you might help another family avoid the same problems.

GCA Forums News is brought to you by Gustan Cho Associates. We take a person-centered approach when reviewing complex files using Real World Underwriting.

Frequently Asked QuestionsWill Mortgage Rates Decrease in 2026?

Mortgage rates may fall if inflation declines and bond yields ease, allowing the Federal Reserve to feel more comfortable with price stability. However, it may be just the opposite. Escalating CPI, rising oil prices, and the belief that the Federal Reserve may need to raise rates again could cause mortgage rates to rise. As of July 8, 2026, these conditions are very much present.

How Does Oil Pricing Influence Mortgage Rates?

Oil and other commodity prices can influence inflation and, in turn, mortgage rates. As oil prices rise, the costs of transportation, gasoline, utilities, food, construction, etc., also rise. If inflation is perceived to be prolonged, bond yields rise. Mortgage rates follow this pressure over the long term; therefore, higher oil prices indirectly increase the cost of home loans.

Is Now a Bad Time to Buy?

Generally, this varies from person to person. High interest rates typically can result in less competition, which can be advantageous for the buyer. The most important factors to consider are whether the payment is manageable and whether the buyer has money set aside after closing. National trends are not as important as local housing market trends.

Am I Wasting My Time if One Person Has Already Turned Me Down?

No, it is possible to receive a loan from another company if the previous company used very strict criteria or the employee made a mistake in the calculations. The most important thing is to ask as many questions as possible to help you understand the criteria used to evaluate your financial situation.

If High Prices are the Only Indicator of the Health of the Real Estate Market, are Prices Going to Fall with a Crash?

No. Current information indicates tighter affordability and a slowdown in some market segments; however, the market is not collapsing due to mass foreclosures. According to the National Association of Realtors, in May, existing home sales improved, and prices rose from the previous year, while the Census indicated new home sales remained steady, with an average of 10.3 months of supply.

How Does the Consumer Price Index Affect Your Mortgage Rate?

The Consumer Price Index (CPI) is a common inflation measure. When CPI reports are higher than expected, it is assumed that the Fed will raise rates or keep them higher for longer. Bond yields increase, and mortgage rates follow. If CPI increases are lower than expected or if CPI cools, CPI is viewed as improving and mortgage rates are more likely to decrease as well.

What Should Homebuyers Do Before Commit to a Mortgage Rate?

The homebuyer’s best option is to continue shopping for lenders. Once a lending option is chosen, a loan estimate should be requested, and the buyer should understand which closing points they can purchase, the lock length, the lock expiration, and any other lender requirements. The buyer should not open any new lines of credit and should provide current income documentation as soon as possible. The mortgage market rate environment is unpredictable. In the time it takes to provide updated documentation, a lock could be lost and the buyer could be forced to carry a greater financial burden.

What is Your Biggest Risk with a Mortgage Right Now?

https://www.youtube.com/watch?v=1lX8YB-1JDcThe greatest risk is payment shock. The combination of rising housing and insurance costs, increased taxation, and higher costs of living has had a greater impact on a homeowner’s budget. Mortgage lenders are qualifying borrowers with stretched budgets, which places a greater financial burden on borrowers at closing. The safest option to prevent payment shock is to qualify borrowers based on the worst-case scenario rather than the best-case.

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GCA Forums News July 7, 2026, reports mortgage rates, housing, inflation, oil, stocks, jobs, affordability, and political news for Americans.

GCA Forums News Daily Reports on Mortgage Rates, Oil Shocks, Housing, and Market Woes July 7, 2026

GCA Forums News Lead: Americans are watching the Mortgage, Housing, and Oil Markets Simultaneously.

If you are a typical American family, a homebuyer, a real estate agent, a mortgage broker, or just someone trying to make sense of the mortgage mess, then July 7, 2026, was not a good news day.

Mortgage rates climbed, oil prices spiked, Middle East hostilities escalated, and the stock market sank as a result of a down day in tech.

The inflation report was bad, as expected, and headline Housing Affordability remains a crisis. This is precisely the reason GCA Forums News exists. GCA Forums News, powered by Gustan Cho Associates, serves the public by providing mortgage and housing news and economic updates, minus the Wall Street lingo. Gustan Cho Associates, a mortgage broker licensed in 48 states, including Washington, D.C., has made their name in the lending community by helping borrowers whom other lenders decline.

Mortgage Rates Today: Buyers Got No Free Pass From the Bond Market

Daily Mortgage Rates Moved Higher

Mortgage News Daily estimated the 30-year fixed mortgage rate at 6.63% on July 7, 2026, a 0.04 percentage-point increase from the previous rate.

Mortgage Rates are essential for buyers because payment affordability is what makes a mortgage attainable. The 15-year fixed mortgage rate was 6.17%, the 30-year jumbo rate was 6.78%,

FHA rate was 6.20%, and the VA rate was 6.22%.

In 2026, affordability for a mortgage is much more difficult for buyers than in 2021, even if the house’s price has remained the same. It’s a bad combination of the house’s price and the cost of money.

Freddie Mac Offers Some, But Not Enough, Relief

There was a slight dip in the average for the 30-year fixed-rate mortgage as of July 2, 2026. Freddie Mac’s Primary Mortgage Market Survey noted a dip to 6.43%, down from the week prior at 6.49%. In addition, Freddie Mac reported that the 15-year fixed-rate mortgage averaged 5.79%.

Freddie Mac noted the 30-year fixed-rate mortgage at a seven-week low, and noted affordability for homebuyers continues to be a challenge as rates remain well above the lower rates from the Pandemic.

Homebuyers have a direct message. Do not buy a home based on rates alone. Consider the total payment, mortgage program, closing costs, mortgage insurance, seller concessions, and strengthen your approval.

The 10-year Treasury Bond is a Warning for All.Relying on the 10-Year Treasury Bond Is Causing an Increase in Borrowing.

The 10-year Treasury Bond is important because it impacts how mortgage rates are set. On July 7, amid higher oil prices, 10-year Treasury yields rose, spurring inflation concerns. It was reported that yields reached approximately 4.50%, and the 30-year reached 5% and above. With bonds and constantly rising yields, mortgage rates are increasing. This adversely impacts anyone looking to buy or refinance a mortgage.

The Fed Is Still Not Providing Borrowers with Desired Rate Cuts

The Federal Reserve decided to hold the federal funds target range at 3.50% to 3.75% at the conclusion of its June 16-17 meeting. The Fed announced that the decision aligned with its dual mandate; however, borrowers will continue to face inflationary pressure before experiencing any rate cuts.

The Fed does not directly control the 30-year mortgage rates. The Fed’s policies shape short-term interest rates, investor attitudes, inflation psychology, and the bond market. Because of this, long-term fixed-rate mortgage borrowers will still be affected by the Fed’s statements.

Foreboding Oil Shock: Energy Prices Resuscitate Rate Influence

Brent and WTI Pricing Escalate

After tensions in the Strait of Hormuz, oil prices escalated on Tuesday. Reuters reported that Brent crude rose to $75.54 and WTI reached $71.81, both up about 1.9%. The Strait of Hormuz is a key shipping corridor for Middle East energy.

The implications of increasing oil prices extend beyond the gas stations. Oil prices eventually impact shipping, manufacturing, grocery prices, airfare, and inflation.

If energy prices remain elevated, there is a threat to the bond market, and inflation may become an issue. In that case, it will be even more difficult to lower mortgage rates.

Here’s How Rising Oil Prices Impact Housing Affordability

Consumers do not feel the impact of oil price increases only when commuting. Rising oil prices can put significant strain on household finances. Oil prices can increase building costs. Oil prices also contribute to inflation and can cause the Federal Reserve to act. First-time homebuyers do not feel the impact of utility costs until it is time to pay for property insurance, property taxes, and closing costs. For first-time homebuyers, a rise in gas utility costs can mean the difference between getting approved to buy a house and being rejected with a mandate to wait.

Inflation Concern: CPI and PCE Indices are Too Hot

Recent Indexed Consumer Price Reports Confirm Pressure is Building from Inflation Andrade

The most recent monthly report for the Consumer Price Index was published on July 7 and was dated May, 2026. According to the Bureau of Labor Statistics, the CPI-U advanced 0.5% in May (seasonally adjusted), after increasing 0.6% in April. In the 12 months preceding May, the CPI had increased 4.2% (not seasonally adjusted). During this period, the CPI for energy rose 3.9%, and in May, the CPI for gasoline rose 7.0%.

Energy CPI’s inflation story is bad. In the 12 months preceding May, the CPI for gasoline increased 40.5%, and the CPI for energy increased 23.5%. Given the rise in energy prices, there is good reason to expect that many households feel the squeeze, even when broader economic indicators show stable (or improving) conditions.

The Upcoming CPI Report is the One to Watch

On July 14, 2026, at 8:30 a.m. ET, the Bureau of Labor Statistics will release the June 2026 CPI report. Mortgage lenders, real estate professionals, bond traders, and Federal Reserve watchers will be focused on this report.

If inflation is stronger than expected, we’ll see steeper mortgage rates. If inflation eases, there may be improved conditions in the bond market. In any case, expect no relief, borrowers.

PCE Inflation Is Also Running Hot

May’s Personal Consumption Expenditures Price Index rose 0.4%, raising the annual rate to 4.1%. Core PCE, which excludes food and energy PCE, increased 0.3% for the month and 3.4% for the prior year.

This is still running above the Fed’s inflation target of 2%. Until we see a real change in the pace of inflation, expect a fast-moving mortgage market with extremely conservative lenders.

Jobs Report: The Labor Market Is Slowing, But Not Breaking

June Payrolls Came In Light

June 2026’s report on Jobs indicates Non-Farm payrolls increased by 57,000. The unemployment rate, per BLS estimates, was 4.2%. June’s report showed minimal movement in payroll or unemployment, with increases in jobs in Professional and Business Services, Social Assistance, and Health Care, and a decrease in jobs in Leisure and Hospitality.

There is no cause for panic, but also no cause for celebration. This report indicates a Labor Market that is still standing but losing steam.

Why Jobs Matter for Mortgage Approval

Mortgage lenders want to know that a borrower has a reliable source of income. Even with a good credit score, a borrower can be denied if their income is judged unstable, unverifiable, inconsistent, or if there are gaps in their income.

National job reports are important for mortgage lenders, as they help them assess risk based on consumer confidence and Fed policy.

For potential borrowers, it is important to know that pay stubs, W-2s, Tax Returns, bank statements, Award Letters, Pension Letters, and Employment History are required when applying for a loan. Documentation tends to be the most common reason to be denied a mortgage, even if you qualify for one based on rates.

Housing Market Update: Sales Improved, but Affordability is the Real Issue

Existing-Home Sales Report for May

According to the National Association of Realtors, existing home sales in May increased by 3.2% MoM and 3.2% YoY. The seasonally adjusted annual sales rate was 4.17 million. The median home sales price went up 1.3% YoY to $429,300.

Housing inventory has improved, but not enough to provide a break in the market. NAR reported a total of 1.55 million housing units, which is a 4.5-month supply.

New Home Sales: Weaker Figures

New home sales have been acting up. According to the Census Bureau and HUD, the May 2026 reports show that new single-family homes sold at a seasonally adjusted annual rate of 580,000, with 496,000 new homes for sale and a median sales price of $424,900. A 10.3-month supply of single-family homes for sale, given the current sales rate.

This shows that builders are dealing with rate-sensitive buyers, rising construction costs, cautious demand, and inventory challenges across a number of markets. Builders may offer incentives, rate buy-downs, and a contribution to closing costs, but buyers would still need to qualify.

Shock to Mortgage Applications: Holiday Week Buyer Fatigue

Purchase and Refinance Activity Weak

Fannie Mae’s mortgage application data for the week ending July 3, 2026, a holiday-abbreviated workweek, showed a drastic week-over-week decrease. Purchase application volume dropped 17.3%, and refinance application volume dropped 15.4%. Nonetheless, purchase volume and number of applications increased 20.6% and 17%, respectively, on an annual basis.

The short-term decrease is likely due to the holiday week. In reality, buyers are still sensitive and active in the market.

The Mortgage Market is Not Dead – it is Selective.

This is not a normal, easy mortgage market. Strong mortgage applications with good credit history and low debt-to-income ratio are on target, while poor applications are left to strategy. Applicants with late payments, high debt-to-income ratios, bankruptcies, collections, charge-offs, self-employment, and thin to no credit are likely to need a lender with a good understanding of the agency’s manual underwriting and non-QM lending.

GCA Forums News has the potential to become a national hub for mortgage education. Consumers do not want mortgage news headlines. They want to know how the news impacts their loan approval.

Stock Market Today: The AI Trade Hit a Wall

Nasdaq Led the Market Lower

U.S. stocks finished Tuesday with losses. The S&P 500 fell 0.4% to 7,503.85. The Dow Jones Industrial Average dropped 0.2% to 52,925.15. The Nasdaq composite fell 1.2% to 25,818.69, and the Russell 2000 lost 0.9% to 2,982.49. According to AP, stocks also took a hit with the rise in oil prices.

The Nasdaq decline is important given the market’s tech and AI focus. Investor confidence will falter alongside semiconductor stocks.

Will the Market Crash?

There is no guarantee that the market will crash, and consumers should exercise caution when the market shows potential, but household budgets remain tight.

A strong Dow doesn’t mean families can afford groceries, rent, car payments, homeowners’ insurance, property taxes, or even their mortgage.

The appropriate action is not to panic, but to prepare. Keep enough for potential emergencies and do not overborrow. Don’t buy a house just to buy a house. And don’t believe a strong stock market means the working-class American is doing well.

Precious Metals: Traders Reflect Fear, Inflation, and Uncertainty with Gold and Silver

Gold Leveled Off, Investors Watched Oil and the Fed

On July 7, 2023, Reuters reported that spot gold was down 0.5% to $4,144.36 per ounce as U.S. gold futures finished 0.3% lower at $4,157.40. Silver also traded lower, falling 1.7% to $61.00 per ounce.

Gold usually draws attention during periods of inflation and geopolitical uncertainty. However, as consumers think interest rates will remain higher for longer, gold tends to lose appeal as an investment.

The Market Outlook for Gold and Silver

Gold, silver, and truly all metals are not mortgage products. Gold, Oil, Bonds, and Stocks are all market mood indicators. If all are moving on inflation and war news, consumers should understand that mortgage rates will move with them.

For this reason, locking in a rate, reviewing points, understanding lender credits, and reading the Loan Estimate are all critical.

The Average American: Real vs. The Average Data

Affordability and Value Are the True National Concerns

According to the Federal Reserve’s 2026 Household Well-Being report, 73% of adults are doing “okay financially” or are “comfortable” in 2025. However, 92% of respondents said inflation was a minor to major concern, and 16% of adults said they did not pay all their bills in the past month.

The Urban Institute affordability tracker shows that people in 49% of American families lack the ability to pay for basic needs to live securely in their own community. In addition, their data show that home sale prices have outpaced income growth since 2017.

Buyers Feel the Stress

According to a July 7th Harris Poll for The Guardian, 95% of Americans believe the country is in an affordability crisis, with almost all Democrats, Republicans, and Independents lamenting their inability to afford basic necessities like gas and groceries.

This is the…Truth? GDP growth and stock market records aren’t all that matter for the economy. It’s about families’ ability to afford the basics and renters’ ability to still become homeowners.

Political News: Housing Is Now a National Affordability Fight

Even More Pressure to Solve Housing Affordability

Housing affordability is no longer a local problem. It’s interwoven with national politics. According to Reuters, former President Donald Trump, yawning, called the proposed bipartisan Housing Affordability Bill a “big yawn” and declined to commit to signing it during his negotiations with Congress on other issues.

The House passed the Bill by a substantial 358-32 vote, and supporters claimed that it sought to ease restrictions on the construction of new homes and modernize antiquated banking regulations to enable lower-income individuals to obtain mortgage loans.

Why This Matters to Mortgage Viewers

Housing policy is important because supply matters. If the country doesn’t build enough housing, buyers will compete for the limited number of homes. During that competition, if mortgage rates remain elevated, the situation becomes more unaffordable.

The more unaffordable it gets, the more renters will remain renters, families will continue to delay moves, and the mortgage market will continue to decline.

This is why GCA Forums News should be covering politics through the lens of housing. No one cares about political shouting. People are concerned about how policies are affecting rent, home prices, mortgage approvals, construction, and the flow of credit.

GCA Forums Mortgage Takeaway: This Market Rewards Prepared Buyers

Buyers Need Full Pre-Approval, Not Guesswork

In the current market, you cannot look for homes to buy with a casual pre-qualification anymore. Buyers need to have a mortgage pre-approval with a full file review that includes reviews of income, credit, assets, debt, bankruptcy, rental history, and employment.

Buyers who wait to get the file reviewed after signing a purchase contract could lose the home and their earnest money.

Sellers Need Real Buyers, Not Weak Approval Letters

Sellers should look at more than just the purchase price. A buyer who has a reviewed file and is on a verified income path could be a stronger offer, even if the purchase price is lower. A file review and a debt-to-income ratio check should occur before a buyer makes an offer on a home.

Why GCA Forums News Could Become a National Mortgage News Network

People Want Actionable Information

Headlines telling people to be careful or people ignoring the news are two great examples of the public’s frustration with news reporting. Homebuyers don’t want to hear 6.63% is the average mortgage rate. Consumers want to know if they should buy, sell, wait, rent, finance, refinance, get seller concessions, pay points, sign a deal, or work on their credit.

GCA Forums News takes national mortgage news reporting one step further by providing actionable steps.

The Community Angle = The Virality Angle

News stories usually end once the reader has finished reading. Not with GCA Forums. Each daily news report is the start of a community conversation. Borrowers can post questions, realtors can post field reports, and loan officers can post program comments. Consumers can post lender comments and contrast what one lender told them with what another lender may allow. This is the difference between community engagement and a news site.

Final Thoughts: July 7, 2026, was a Wake-Up Call for Housing America

Today’s economy is complicated. Mortgage rates are high, inflation is high, job growth is slowing, and existing home sales are up. All signs point to a good economy from a distance, but every day, working people are struggling.

For GCA Forums News viewers, one thing is clear. Don’t make mortgage decisions based on hearsay, fear, or one lender saying no.

Educate yourself. Get your file reviewed. Understand your options. Then, proceed with a plan.

GCA Forums News, based on the work of Gustan Cho Associates, will continue to track the numbers that affect American homeowners, renters, buyers, sellers, and every real estate and mortgage professional across the nation.

Questions About Mortgage Rates, Housing, Inflation, and the Economy.Will Mortgage Rates Fall Anytime Soon?

Mortgage rates could decrease if inflation subsides, bond yields decline, and markets expect the Federal Reserve to hold off on further rate hikes. There is no certainty, however. As of July 7, 2026, mortgage rates remained elevated, and inflation was still above the Fed’s goal. Borrowers should focus on what they can afford now and consider if refinancing would be a better option if rates fall.

Why Do Mortgage Rates Respond to the Price of Ail?

There is a secondary relationship between oil prices and mortgage rates. This is energy prices and inflation. If oil prices increase, gas prices, as well as shipping, airline, utility, and production costs, can all rise. If inflation is expected to be sustained, bond yields will increase. Mortgage rates closely reflect the long-term bond market, particularly the ten-year treasury.

Is Now a Bad Time to Buy a House?

There is no one-word answer for this. For who you are buying, how you buy, what you buy, where you buy, when you buy, and other factors, it depends heavily. Buying in a higher-interest zone is more difficult, but can also result in much less competition. Buyers stretching their financial situation is much worse. Better pre-approval, seller concessions, a more advantageous loan program, and the right loan for the right financial situation are much more important than overall financial health.

Can FHA or VA Loans Help Buyers in This Market?

A loan program like FHA or VA can help a great number of buyers in this situation, as they are more flexible than a more restrictive conventional loan. VA loans are a great way for eligible veterans and active-duty service members, as well as their surviving spouses, to purchase a home with no equity, as long as the loan meets their eligibility criteria and other underwriting guidelines.

Why are Home Prices Still High if Mortgage Rates Are High?

In many places, home prices are still very high due to low mortgage rates, creating a scarcity of homes for sale and keeping buyers interested. Prices are beginning to stabilize or even decrease for certain areas. Other areas are seeing a scarcity of homes for sale. The real estate market is very local, so national news may not reflect what buyers are seeing or experiencing in their city.

Should Refinancing Be Considered by Homeowners in 2026?

Refinancing in 2026 might be a good option for homeowners if mortgage payments can be reduced, mortgage insurance can be eliminated, loan types can be switched, or loans can be better structured. Refinancing might be a bad option in 2026 if closing costs are too exorbitant or the break-even period becomes unreasonably long. Current loans, new payments, closing costs, rates, terms, and long-term interest should be compared when refinancing is considered.

What Do Borrowers Need to Do Before Getting a Mortgage?

Before borrowers get a mortgage, they need to review their credit report, have no new debt, prepare income documents, prepare bank statements, document large deposits on bank statements, and consult a mortgage professional. Those with self-employment income, student loans, high debt-to-income ratios, as well as those who have had a bankruptcy, foreclosure, late payments, and collections, should have a full review before an offer is made.

Why Can One Lender Deny a Borrower While Balances Are Approved by Another Lender?

https://www.youtube.com/watch?v=I_rovkc-4-Y

Borrowers might be denied by a lender because of credit scores, debt-to-income ratios, collections, and bankruptcies. Another lender might have a more flexible approach to approving a borrower if they meet the requirements of FHA, VA, USDA, conventional, or non-QM programs.

Are there doctor mortgage loans 9ffered by banks, mortgage brokers, or mortgage bankers? I remember many years back fidth-third bank offered doctor home loans for MDs, DDS, DVM, DOs, DC. Thank you in advance.

Chicago Democrats TURN ON Mayor after he blames deadly weekend on slavery. This comes as residents are now signing petitions to get the CPD and the Mayor to lock up repeat offenders. However, the mayor is more concerned with blaming slavery for why black kids in Chicago continue to be killed.

https://youtu.be/EsFc7gqPlEA?si=q4pWv-iSQXODh9yU

Current SPDR Dow Jones Industrial Average ETF (DIA) Market Info

• SPDR Dow Jones Industrial Average ETF trades in the US market.
• The current price is $487.03 USD, down $0.12 (0.00%) from the previous close.
• Last opened at $486.87. Current intraday volume is 2,711,695.
• The highest intraday price is $487.57, and the lowest is $485.75.
• Last trade occurred on December 26 at 19:15:00 CST.

Shifting from market data to broader financial news, here is a recap from GCA FORUMS covering national breaking news for the week of Dec 16 to Dec 28, 2025.LIVE market + rate snapshot (latest available as of Sunday, Dec 28, 2025; U.S. markets last closed Friday, Dec 26)Stocks (Dec 26 close)

• Dow Jones: 48,711 (fractionally down on the day; weekly gain noted).
• S&P 500: 6,929.94 (holiday-thin trading; near record).
• Nasdaq Composite: 23,5939

Rates (LIVE)

• Fed funds target range: 3.50%–3.75% (Dec 10 FOMC decision. Continues to frame markets this period)
• 10-year Treasury yield: ~4.14%
• Freddie Mac 30Y fixed mortgage rate: 6.18% (week of Dec 24)
• Mortgage News Daily 30Y fixed mortgage rate: 6.20% (Dec 26)

Precious metals (LIVE)

• Silver: record levels; cited ~$79.39/oz on Dec 28 (almost $80)
• Silver (Dec 26 Reuters): ~$77.30/oz

1) Turning to the main events of this time: The biggest stories from Dec 16–28 focus on changes in housing, mortgages, and markets. Economy and inflation: A job market where companies are not hiring or firing much, and tariffs are still in place.

• Dec 16 (Jobs): November’s job report shows an increase in payrolls of 64,000. The unemployment rate sits at 4.6% (metrics released in this job report were affected by the prior government shutdown disruption).
• The recent drop in inflation may give consumers some short-term relief. However, Reuters reports that higher costs from tariffs are still driving up prices, making it difficult for inflation to fall further. This puts pressure on family budgets and could slow down the economy, affecting areas like housing and mortgages.
• Dec 24 (Jobless claims): Initial claims were 214,000 (low layoffs), but rising continued claims signal stagnant hiring.

Why GCA Forums readers care: When hiring slows and prices remain high, mortgage rates typically remain unchanged unless inflation declines further. This can prevent homes from becoming more affordable, which affects people looking to buy and the housing market as a whole.

2) Federal Reserve: December’s Cut Set the Tone for Rate-cut Bets into 2026

For your window (starting Dec 16), markets were still reacting to the Dec 10 Fed decision, which kept rates at 3. By late December, people in the market were trying to guess when the Fed might lower rates next, as shown by CME’s Fed Watch tool. Hopes for lower rates can alter the cost of borrowing money, which in turn affects how much people and businesses spend and invest. consumer spending across the economy.

Mortgage connection: Mortgage rates are closely tied to bond rates, especially the 10-year Treasury, which was between 4% and 5% during this time. Changes in the bond market can raise or lower mortgage costs, which affects the affordability of homes and the number of people who want to buy them.

3) Housing & mortgage market: sales stabilized, affordability still the wall

• Existing-home sales (Nov, released Dec 19): up 0.5% to 4.13M SAAR; median price $409,200; inventory about 1.43M units or 4.2 months’ supply.

NAR

• Mortgage applications: Down about 5% as the regular seasonal holiday slowdown begins.
• MBA News link notes “apps continue to drop under 5%.”
• Mortgage Rates: Rates remain consistent with those of recent years, with 30-year loans currently above 6%.
• Elevated rates can reduce buyer affordability. Higher rates can make it harder for buyers to afford homes, slow down refinancing, and limit new home sales, which in turn affect the entire housing market. comments of the originators.

People still want to buy homes, but high payments and less affordable prices are holding many buyers back. The refinancing market reacts quickly to even small changes in interest rates, illustrating how these changes directly impact mortgages and individuals’ financial decisions.

4) In equity markets, thin holiday trading was notable, with AI/Tech leading and the S&P 500 reaching near-record levels.

The S&P 500 closed at record highs, including a new high during the day on December 24, thanks to gains in AI and tech stocks and lower interest rates. Higher stock prices can make people feel more confident and willing to spend, but this extra wealth may not lead to more home buying if homes are still too expensive or rates are high.-holiday session): Throughout the day, the indexes barely moved, but the weekly gains are intact. (AP News)

From the GCA perspective, rising stock prices can boost consumer confidence.

However, mortgage affordability depends more on housing inventory and interest rates than on the level of the stock market.

Therefore, stock market wealth may not be enough to overcome the barriers to buying a home.

5) Silver Surges To Almost 80 Dollars

Silver is a notable asset and will headline as follows:

• Silver was reported at approximately $77.30/oz on December 26.
• On December 28, silver was quoted at $79.39/oz, nearing $80.
• This significant price increase can benefit some investors, but it also suggests that there may be rising prices for goods, which could lead to higher manufacturing costs and impact the broader economy.

AP flagged Silver’s major price surge in its late-week market wrap.

Beyond financial markets, significant political and legal headlines emerged from December 16 to 28.“Acquittal” of NY AG Letitia James & Former FBI Director James Comey – What Credible Reporting Shows

I did not find credible reporting of any “acquittal” of these two.

What was reported by the major outlets was as follows:

• Both charges were dismissed without prejudice by a federal judge (date: November 24, 2025).
• It is reported that a grand jury declined to re-indict. (Date: Key point: Dismissals/declined indictments are not acquittals.)
• Acquittals are “not guilty” verdicts after trial..

Escalation Of Funding Fights With Enforcement On Sanctuary City Immigration

Developments relevant to your timeframe include:

• Dec 23: A federal judge dismissed the Department of Justice lawsuit regarding New York’s immigration law.
• The administration claimed to have obstructed New York’s immigration law.
• Dec 24: A federal judge blocks the administration’s attempt to remove a specific Homeland Security grant, which is conditional funding related to the partnership for domestic immigration enforcement (AP report).
• Dec 22: The administration raised its “self-deport” stipend to $3,000, which the administration defends on the grounds of costs and aims at enforcement. Dec 28:
• The Washington Post analyzed voting shifts to community-based ICE arrests, discussing controversy over targeted ICE deportations.
• Watch for imminent developments after Dec 28.
• Looking ahead, noteworthy economic indicators are pending:
• Pending Home Sales data (Nov 2025) will be released on Monday, December 29, 2025 (NAR).
• Case-Shiller Home Price Index: The next index will be released on December 30, 2025 (this is a series with a two-month lag).
• Any renewed movement in the 10 Year Yield (still the heart of mortgage pricing).

https://www.youtube.com/watch?v=8T1LHEDJkN8

• This discussion was modified 6 months, 2 weeks ago by  Sapna Sharma.

Whether you are a first-time homebuyer, a seasoned home buyer, a buyer of a second home, or investment property buyer, most people will need the services of a real estate agent, mortgage loan originator, home inspector, and real estate attorney. Having a competent team to represent you is of utmost importance. Every professional in the homebuying process need to be competent, knowledgeable, professional, humble, be able to work together not just with the clients but among the team, and have the number one priority of having the client’s best interest in mind. The professional team representing the homebuyer(s) have a fudiciary responsibility in watching over the client and keep an eye on each other and make sure each professional is held accountable if they feel, see, or hear that the homebuyer may be misled or potentially be a victim of fraud. However, there are instances where homebuyers choose a real estate agent, mortgage loan originator, or real estate attorney and during the homebuying process, the homebuyer is not happy with one or all of these folks? What happens then? Can they fire the real estate agent, mortgage loan originator, or real estate attorney? There are instances where buyers may not get along with their real estate agent, attorney, or loan officer so how do you go about replacing them with a different professional. This is a very important topic.

https://gustancho.com/mortgage-process-timeline/

GCA FORUMS BREAKING NEWS – TUESDAY, NOVEMBER 4, 2025

(All data below is as of late afternoon US markets today. Numbers can move intraday.)

LIVE MORTGAGE RATES TODAY – TUESDAY, NOVEMBER 4, 2025

National Average 30-Year Fixed

National surveys show the 30-year fixed mortgage rate is hovering around the low-to-mid 6% range today:

• 30-year fixed (conforming purchase): 6.1%–6.3%.
• Bankrate’s national average shows 6.28% for a 30-year fixed today.
• Another national tracker pegs the 30-year fixed at about 6.12%.

On the refinance side:

• 30-year fixed refi: 6.5% (Bankrate shows 6.55% on average today).
• Overall takeaway: Rates are slightly higher or flat compared to yesterday.
• Up just a hair (about one basis point in some surveys) after a small bump in bond yields.

FHA, VA, and Conventional Snapshot

A detailed rate snapshot from Zillow/NerdWallet (national averages) as of November 4, 2025, shows the following.

• 30-year Fixed Conventional: 6.11%.
• 30-year Fixed FHA: 6.12% (higher APR due to MIP).
• 30-year Fixed VA: 5.69%.
• 20-year Fixed: 5.88%.
• 15-year Fixed: 5.62%.
• 10-year Fixed: 5.45%.

ARMs:

• 5-year ARM around 6.45%.
• 7-year ARM around 6.41%.
• Some shorter ARMs are higher (3-year ARM showing above 8% in this data set).
• VA-specific lender data backs up that VA remains one of the lowest-rate options on the market:
• A major VA lender is quoting 5.375% for a 30-year VA purchase and 5.50% for a VA refinance today.

Weekly Trend: Freddie Mac PMMS

Freddie Mac’s Primary Mortgage Market Survey for the week ending October 30, 2025.

• 30-year fixed average: 6.17%, down for the fourth week in a row.

So The Big Picture:

• We’ve been in a mild downtrend over the past month.
• However, today’s move is a slight pause/uptick, with rates settling just above 6% on most 30-year fixed products.

What Today’s Mortgage Moves Mean for Homebuyers

In Plain English:

• Rates are not spiking, but they aren’t collapsing either.

You’re Still in a World Where:

• A 6% 30-year fixed rate is realistic for strong, conventional borrowers.
• FHA and VA borrowers with solid files may see rates in the mid-5s to low-6s, depending on credit, DTI, and lender overlays.
• Small day-to-day rate noise is being driven by the 10-year Treasury yield and shifting expectations about future Fed cuts.
• If you’re shopping, the story tonight is a window of opportunity, but it’s still a rate market you must respect.
• Locking can make sense if your debt-to-income ratio is tight or you’re close to the maximum approval limit.

LIVE ECONOMIC & FINANCIAL DATA – NOVEMBER 4, 2025

Treasury Yields:

• The Engine Behind Mortgage Rates
• Mortgage lenders price their loans off the bond market—especially the 10-year US Treasury.

Today:

• Multiple trackers indicate that the 10-year yield is around 4.08–4.10%.
• Down slightly on the day after flirting with recent highs on Monday.
• The St. Louis Fed’s DGS10 series (10-year constant-maturity yield) shows yields just above 4% going into this week, confirming that we’re well off the 5% spike from earlier in the year but still at elevated levels vs. pre-COVID.

Short-Term Funding:

• The Secured Overnight Financing Rate (SOFR) and related averages updated today remain a key reference for ARMs and HELOCs, with the Fed’s rate path keeping short-term borrowing rates significantly higher than those of the pre-pandemic era.

Economic Calendar: What Markets Are Watching

Today is not a mega-data day, but traders are already positioned around a very busy week for:

• ADP Employment Change (October).
• PMI Services and Composite (final, October).
• ISM Non-Manufacturing Index (services).
• EIA Crude Oil Inventory.

These releases cluster over Wednesday and Thursday and will drive expectations for growth, inflation, and ultimately how quickly the Fed can start cutting rates in 2026.

Bond Markets are Also Digesting:

• A new US Treasury borrowing estimate north of $500B for the coming quarters.
• October recaps showed that global 10-year yields moved lower, with the US remaining one of the higher-yielding developed markets.
• This combination slightly lowers long-term yields, but heavy future supply and sticky inflation expectations are exactly why mortgage rates are pulling back from their peak but staying in the 5.5%–6.5% range, rather than racing back to 3%.

Gold, Silver, and Fear Trades

Precious metals gave back some recent gains today:

• Gold (GLD ETF): Around $362, down modestly on the day.
• Silver (SLV ETF): Around $42–$43, with a lower value.
• Translation: Hedge trades are cooling slightly, with investors taking profits in metals as they reassess how aggressively the Fed will be and how long rates will remain above 4% on the 10-year Treasury.

LIVE DOW JONES & STOCK MARKET RECAP – NOVEMBER 4, 2025Stock market information for SPDR Dow Jones Industrial Average ETF (DIA)

• The SPDR Dow Jones Industrial Average ETF is a fund listed in the US market.
• The current price is 470.9 USD, with a change of -2.54 USD (-0.01%) from the previous close.
• The latest open price was 470.36 USD, and the intraday volume is 6,002,188.
• The intraday high is 472.7 USD and the intraday low is 468.475 USD.
• The latest trade time is Tuesday, November 4, 17:29:34 CST.

Major Index Performance

Stocks sold off today, ending near the lows as investors questioned lofty tech and AI valuations and rotated out of recent high flyers:

• Dow Jones (via DIA ETF): roughly 0.5% on the day.
• S&P 500 (via SPY): Around 1.2%.
• Nasdaq 100 (via QQQ): Around -2.0%, leading the downside as big tech and AI names got hit hardest.

News flows from WSJ, Yahoo Finance, Reuters, and Investopedia all tell the same story:

• Tech and AI stocks are under pressure.
• Some high-profile names, like Palantir, led the declines.
• Bitcoin and other risk assets slid, adding to the “risk-off” feel.

Why This Matters for Mortgage Rates

When:

• Stocks fall, and
• Bond yields ease slightly (the 10-year rate is near 4.1% instead of pushing higher).
• Mortgage-backed securities (MBS) often catch a bid, giving lenders room to stabilize or slightly lower rates: Unless there’s a fresh inflation scare.

Today’s Pattern is Textbook:

• Equities down.
• 10-year yield off recent highs.
• Mortgage rates are flat to slightly higher compared to yesterday, still well below the extremes of earlier this year.
• If this risk-off mood persists and the next round of data doesn’t surprise us with a hot inflation reading, we could see a slow and choppy improvement in rates into year-end.
• A hot services or labor print, though, can quickly push the 10-year back up and drag mortgage rates higher again.

QUICK TAKEAWAYS FOR HOMEOWNERS & HOME BUYERS

• 30-year fixed: Sitting around 6.1%–6.3% nationally.
• FHA / VA: Still often lower than conventional for credit-challenged and veteran borrowers, with VA purchases in the mid-5s at some lenders.
• Yield Curve: 10-year Treasury just above 4%, drifting slightly lower today.
• Stocks: Broadly red, tech/AI leading declines.
• Risk-off tone.
• Volatility Risk: Upcoming jobs, PMI/ISM, and productivity/housing data can cause rates to fluctuate rapidly, both upward and downward.

HOW GUSTAN CHO ASSOCIATES CAN HELP IN TODAY’S MARKET

At Gustan Cho Associates, we live in this market every day:

• No lender overlays on FHA, VA, USDA, and Conventional loans.
• Manual underwriting experts for borrowers with high DTI, late payments, or complex credit.
• Non-QM and alternative financing for self-employed, recent credit events, and unique income patterns

If You Want to Know What Today’s Live Rates Mean for Your File, Not just the National Average:

• Call Gustan Cho Associates at 800-900-8569.
• Text us for a faster response.
• You can email us at alex@gustancho.com.

Or start a free rate and payment quote, and we will walk through scenarios based on:

• Your credit score
• Your debts and income
• Your down payment and target price

We can show you:

• How a 0.25%–0.50% rate change impacts your approval and payment.
• Whether it’s smarter to lock now or float with a clear game plan.
• And which program (FHA, VA, Conventional, or Non-QM) is likely to give you the best path to a clear to close in this rate environment?

🔥Old Obama Video RESURFACES – His Own Words CONDEMNED Him! Trump Gains MASSIVE Momentum!!

Class A RVs are extremely expensive and depreciates where a $1 million dollar RV value plummet 50 to 80% after 10 years. Is it wise to renovate your existing RV of trade it in new.

How much to renovate 2001 Zephyr Tiffin with adding 3 slides to the one slide . New floor, interior, exterior, full maintenance.

GCA Forums News: National Headline Overview – May 23, 2025

Trump’s Pharmaceutical Price Cuts

Economic policies under the Trump administration, especially concerning tariffs, were noted to raise prices within certain sectors, including pharmaceuticals. For example, Goldman Sachs predicted a 7.8% laser-sharp increase in pharmaceutical and medical goods pricing due to tariffs by December 2025. Without concrete evidence of price reductions being put into action, such initiatives may be misaligned with current or future economic impacts.

Dow Jones and Market Performance

As of May 23, 2025, the DJIA has experienced “significant Volatility” but no consistent “skyrocketing” growth. Recent reports suggest:

Market Volatility:

On May 21, 2025, the DJIA dropped by 1.91% because of US debt and deficit concerns. The S&P 500 declined by 1.61%, and the Nasdaq by 1.41%.

Tariff Impacts:

The stock market continues to fluctuate with the implementation of Trump’s tariffs, including a 50% tariff on the EU beginning June 1, 2025. Stocks such as Apple are losing value alongside the market in Apple’s case due to broader economic concerns.

Recent Gains:

At the beginning of May, the DJIA had a nine-day winning streak and climbed over 1% on May 2, 2025, after strong job numbers (177,000 non-farm jobs were added in April) and tariff relief for certain automakers.

Outlook:

Paul Tudor Jones, a billionaire investor, theorized that stock prices would bottom out, even if China tariffs were reduced to 50%. Jones cites macroeconomic headwinds and the Federal Reserve’s reluctance to implement rate cuts. Secretary of the Treasury Scott Bessent seems to be trying to calm the markets by assuring “several” large trade deals will be done soon, which the Secretary says will restore faith in the market.

Other markets also feel the restlessness: bonds, commodities, etc. On May 21, the Treasury posted new yields at their highest, spiking to 5,085% on 30-year bonds and 4,607% on 10-year bonds, in addition to inflation worries. Gold dropped below 3300 dollars after peaking at 3500.

Housing and Mortgage Journal

Mortgage Rates

On May 21, 2025, the 30-year mortgage rate stood at 6.95%, nearing 7%. This is despite inflation rates cooling to 2.3% in April. The increase is due to market disruption caused by Trump’s tariff policies and the bond market. Housing economists estimate that the rate will continue to be between 6.5% and 7% for 2025 as the Federal Reserve is predicted to have fewer rate cuts.

Industry of the mortgage and real estate markets

Market Trends:

The busiest spring housing season has hit one of the lowest demand levels in years, thanks to the home price challenges. Due to limited housing supply, home prices remain resilient, with the 20-city index rising 4.5% year over year in February 2025. While demand dwindles, supply struggles to keep up with the resilience.

Affordability Issues:

As of March 2025, the average home price is $403,700, compared to the median family income of $97800, which puts added strain on market affordability.

Impact of Tariff:

Trump’s tariffs impact mortgage rate acceleration, which leads to sell-offs in the bond market and lowers buyers’ confidence during the spring season.

Forecast:

Trade policy in the United States remains unpredictable, so experts such as Samir Dedhia from One Real Mortgage see rate prediction as impossible, even with some expecting a steady increase.ICE, Sanctuary Cities, and States

The provided sources do not directly cite any actions taken by ICE or sanctuary cities and states as of May 23, 2025. Even so, it is known that the Trump administration makes immigration enforcement a priority, which tends to draw considerable controversy. Sanctuary jurisdictions that limit cooperation with the federal Immigration and Customs Enforcement (ICE) agency must defend themselves against stricter scrutiny.

Auto Industry and Layoffs

Auto Industry:

Trump’s tariff policies are even impacting the auto industry. An executive order on April 29, 2025, eased some of the strain when an additional tariff on foreign-made cars was not implemented. However, Goldman Sachs estimates that the price of used cars will increase by 8.3 percent by December 2025 because of the changes in demand due to tariffs.

Layoffs:

Layoffs are a major issue within all industries, especially the automotive industry. United Parcel Service (UPS) has stated that it will eliminate 20,000 positions by June 2025 due to reduced order volumes from clients such as Amazon, due to an influx of tariffs, ultimately cutting $3.5 billion. General Motors is slimming down what is left of an autonomous vehicle company by over 1,000 jobs because it is folding the remaining assets into its operations.

Overview of Broader Layoff Trends

Across Multi-Sectors

• A glance at tech shows jobs remaining were slashed at Stripe and Johns Hopkins University due to funding cuts.
• Stripe cut at least 300 jobs, while Johns Hopkins will lay off 2000 employees.
• Tech Crunch reported that under its restructuring plan, “Future Now,” one company will cut 2000 jobs.
• It appears Grindr was one of the first firms to remove work-from-home positions.
• This is because, in 2023, they lost almost 50% of their employees.
• This restriction resulted in what can be termed stealth resignations.
• Savings are driving layoffs, as in the case of Ally Bank and BlackRock, where the reasoning for their respective 500 layoffs and hiring freeze is.

Eviction Rates

• The estimate is controversial, as there is not a single credible source reporting the figure.
• In contrast, there is mention of eviction risk in Arizona, where during the historically high heat of July 2023, 7,000 renters were evicted in Maricopa County.
• The remainder of this population might face heightened eviction risks due to cuts in federal LIHEAP funds and rising utility costs for those who earn under $400 a month.
• Increased deflationary relative prices, import tariffs, and utility bills may fuel the high eviction rates.

Destruction Amidst the Use of COVID-19 Vaccines

There is no credible evidence to suggest that the COVID-19 vaccine was a means for mass Destruction or intended to cause the loss of lives on a large scale. These claims are often made on the internet, but no scientific evidence is available to support them. We now know that the vaccinations were properly administered and that dire circumstances during the pandemic were significantly reduced. For more accurate information, visit the CDC’s website or read their peer-reviewed studies.

Andrew Cuomo Interest

The provided documents do not provide new information on Former New York Governor Andrew Cuomo’s suspicion regarding the deaths caused by the coronavirus as of May 23, 2025. While there has been historical scrutiny surrounding the nursing home deaths during the 2020 COVID-19 pandemic, those recent developments are not covered here. Their live X feeds and news are available on major outlets such as the New York Times.

Letitia James, James Comey, and others: Sean Diddy Combs

Letitia James, Comey, and the rest have not made new statements as of May 23, 2025. I don’t know if anything is available in the sources. These persons must be presumed innocent until proven guilty, as they all have legal allegations or wrongdoing against them. Sean Combs

James Comey:

This report shows no evidence that former FBI Director James Comey was arrested. The claim of “left-wing criminals” mentioned does not seem justified here. It could be drawn from strongly biased views on X.

Letitia James:

No other updates are offered within the paragraph relating to New York Attorney General Letitia James within the scope of active criminal allegations or cases.

Others:

While the phrase “left-wing criminals ” is frequently used, it remains undefined and devoid of supporting evidence. To curb disinformation, all such statements need to be fact-checked.

Chicago Mayor Brandon Johnson and Illinois Governor JB Pritzker

The referenced materials suggest that the Justice Department had not confirmed the arrest of Chicago Mayor Brandon Johnson or Illinois Governor JB Pritzker as of May 23, 2025. These claims appear to stem from unreliable social media accounts and fantasies.

As of May 23, 2025, the national news was centered around an economic crisis caused by elective tariffs placed by President Trump, affecting the markets, mortgage rates, and the automotive and tech industries. The housing crisis persists as the mortgage rate is close to 7%, and some regions have eviction rates. Allegations on the price cuts of pharmaceuticals, misuse of the COVID-19 vaccine, or even claims on celebrity arrests lacking substantial evidence should always be double-checked with reliable sources.

Recent posts and articles from Great Community Authority Forums demonstrate the increasing apprehension concerning trucker job losses in 2025 amid supply chain interruptions and economic downturns. Reported layoffs within April 2025 surpassed the 1,800 mark in Southeast US freight industries, with an additional 3,500 announced after April 30th. This equates to 30,000 freight job cuts since January. In a more aggressive forecast, Apollo Global Management predicts mass layoffs due to a looming recession prompted by tariffs that would curb supply chains and freight demand. Other GCA Forums posts have noted a staggering 35% decline in cargo volume at the Port of LA, leading to job losses among truck and dock workers. Additionally, trucking insiders on GCA Forums predict we are only weeks away from a “total trucking collapse” due to plummeting rates and redundant capacity, with tender rejections at a record low of 5.12% for the year.

These layoffs reflect minimized employment opportunities alongside shrinking consumer demand and inventory shortages. However, the data remains inconclusive in the absence of company reports or quantifiable numbers concerning the layoffs within the trucking industry. For companies like TopChinaFreight, these interruptions highlight the need for effective logistics partners to deal with tariff intricacies and streamline supply chains. I can find specific information on the trucking layoffs or examine what logistics service providers can do to overcome these problems. Just tell me!

https://www.youtube.com/watch?v=lLiII5omAl8

Electric Vehicles or EVs were the nation’s talk, especially among Democrats. Many states, like California, have mandated that electric vehicles be the vehicle of choice by a certain year, and consumers will no longer be allowed to drive gas-powered vehicles. However, electric vehicles have been launched and are in full production. There are a lot of kinks and things wrong with electric vehicles. Tesla’s Cyber Truck was the gem of Elon Musk and considered the pinnacle of EVs. However, the Cyber Truck costs over $100,000, and values have plummeted within months of a buyer purchasing the Cyber Truck. At first, Tesla’s Cyber Truck sold for a big premium over the MSRP. For example, some consumers purchased Tesla’s electric vehicles for almost $200,000, and in less than one year, the Tesla Cyber Truck is valued at $60,000. Many people are skittish about buying a used electric vehicle because the battery panel of the EV is the heart and brain of all electric vehicles. The battery power source alone can cost over $50,000, and the battery has been proven to it can go bad in five years. With a battery needing replacing on an electric vehicle, the vehicle is worthless. Electric vehicles were expected to be a hit and very popular, exceeding gas-powered vehicles in production. Unfortunately, many EV owners threw in the towel and took the loss of selling their electric vehicle and trading it in for a gas-powered vehicle. Shaque O’Neill purchased three Tesla Cyber Trucks less than one year ago. After Elon Musk and President Trump had a big argument, Shaque O’Neill sold all three Tesla Aluminum Cyber Trucks. Plus, the infrastructure of the EV charging systems throughout the country is in its infancy, and the country is not ready to adjust and turn in its gas-powered vehicles for electric vehicles.

https://www.youtube.com/watch?v=OEkIh2PcSYE

GCA Forums Headline News Weekend Edition Report: May 19–24, 2025

Greetings and welcome to the GCA Forums Headline News Weekend Edition Report for May 19–24, 2025. This report aims to provide timely insights and analysis tailored for homebuyers, investors, real estate professionals, businesses, and strategists. This Edition has all the important news on mortgage rate cuts, housing market movements, other critical economic indicators, government actions, real estate investment policies, and financial news in the business world. Use our cutting-edge analysis and confidently navigate today’s complex landscape.

Mortgage Market Updates & Available Interest Rates

Mortgage rates have surged again. The 30-year fixed-rate mortgage averaged 6.86% as of May 22, 2025. This marks an increase of 0.05 percentage points from the previous week. Also, as reported by Freddie Mac and the mortgage market update published on May 22, by the 21st, rates are hitting 6.95% due to growing fears of national debt alongside bond market concerns. Most experts are still cautiously optimistic, with four of the five major housing authorities indicating a modest decline in rates for Q2 2025 and possible dips below the 6.5% mark by the year-end.

Important Key Developments

Policy Impacts:

The Federal Reserve’s decision to maintain its stance on holding core rates suggests uncertainty surrounding President Trump’s proposed tariffs (mass deportation combined with tax cuts), which could potentially inflate and keep core rates sticky high.

Lender Trends:

Fannie Mae and Freddie Mac have tightened the DTI ratio requirements, affecting more borrowers. Investors seeking flexible options continue to seek DSCR and non-QM loans.

Rate Lock Strategies:

At or near 7%, locking a rate for 45 days ensures no unforeseen spikes within that period.

Why It Matters:

Homebuyers and borrowers can save by planning strategically, as spending varies by 1.5% between lenders, depending on their readiness to borrow and credit score. Mortgage experts can use these changes to help clients select more favorable loan products, such as 5/1 ARMs for short-term owners.

Market Indicators & Housing News

Affordability is recovering with some improvement; however, the high prices and constrained stock continue to challenge buyers within the housing market. As reported by the National Association of Realtors, in March 2025, the national median home price hit $403,700, reflecting a 2.7% increase year over year.

Key Trends:

Persistently high rates make it very difficult for most first-time buyers. Still, resilience remains through FHA loan applications with lower credit standards.

Slowly increasing housing inventory presents some hope for buyers, but tight supply sustains intense competition in hot markets.

Regional Analysis:

Areas such as Austin, TX, experienced an increase in purchase applications (+11% week over week). However, coastal cities still prove difficult for buyers.

Rental Market:

The demand for multifamily home rentals is expected to decrease by 4% by 2025, but the long-term outlook remains strong because of cost-saving multifamily units.

Focus Areas:

Looking into price changes and shifts in inventory can offer good insights to homebuyers and investors about opportunistic windows. Sellers can take advantage of hot markets, and buyers are encouraged to look where there is growing inventory.

Inflation & Federal Reserve Reports

Federal officials’ current policies and the inflation rate continue to impact the housing and mortgage sectors. Constraining inflation is forecasted at 2.4% yearly, with housing costs significantly impacting this figure. No rate cuts were made in May, which points to the Fed’s concern for inflation driven by tariffs and a slow economy.

Condensed Notes of Greater Importance

CPI and PCE:

Increased spending on gas, available homes, and housing prices are projected to show three straight months of inflation growth, demonstrating ongoing price growth in these categories.

Economists’ Fed Allies Forecast:

Economists project that cuts to the housing rate cap could be implemented in mid-2025, assuming inflation eases or employment declines.

Impact of Affordability:

Median family income is projected to be $97,800 in 2024, but purchasing power continues to decline due to inflation. This directly impacts affordability when purchasing a home.

Why This Matters:

Investors and borrowers should closely examine inflation data to predict rate changes. A slowdown in economic activity may decrease interest rates, which could support homebuyer affordability.

Housing Affordability, Lending Trends, Job Market, and Other Important Economic Reports

Economic data released this week present a mixed outlook concerning the job market, directly impacting lending, home affordability, and the economy.

Key Highlights

Employment Data:

While the unemployment number remains unchanged, emerging market weakness bolsters homebuyer skepticism.

Wage vs. Home Prices:

The rate of wage increase is far slower than the increase in home prices, especially for the middle class; this severely compromises affordability.

Risks of GDP Growth Recession:

Economists are worried about potential recession risks as GDP growth declines. However, strong consumer spending provides a glimmer of hope.

Volatile Stocks:

Uncertain policies surrounding trade continue to negatively affect investors, making stock and bond yields much more unstable.

Why this matters:

Economic factors are central in mortgage application approval and other investment plans. Entrepreneurs and those looking to buy a house must pace their strategies smartly while waiting for the right economy and steady job availability.

Government Regulation Policy Changes About Housing

Continued policy changes present both challenges and opportunities in lending and housing markets.

Important News

Loan Boundaries:

FHA and conforming loans will now be pegged to $806,500 for high-cost areas in 2025, benefiting buyers.

Tax Incentives:

Plans to provide homebuyers tax credits are gaining momentum, which may increase demand.

Rent Control and Fair Housing:

New legislation regarding tenant protections with fair housing laws attempts to resolve affordability and discrimination impacts on landlords and investors.

Foreclosure Mitigation:

Existing supported initiatives are still helping homeowners default on government-issued loans, aiding in stabilizing the market.

Why It Matters:

Real estate agents and borrowers must know policy changes to avoid missing out on loan approvals and investments. Tax credits and foreclosure relief programs are extremely useful for first-time buyers.

Tips For Real Estate Investing

Real estate remains one of the top asset classes for builders to build wealth, as new buyers are looking for places to invest in a fast-moving market.

Best Techniques

Investable Markets:

Several cities, such as Austin and Phoenix, are seeing an increase in rentals and population, which is creating great yields for rental units.

DSCR Loans:

Investors are increasingly favoring DSCR loans. Angel Oak Mortgage REIT recently reported a weighted average coupon of 7.67% on new loans, confirming this trend.

Short-Term Rentals:

Airbnb markets in tourism regions are highly valued in the short term but need consistent monitoring due to regulatory changes.

Tax Strategies:

Depreciation strategies and 1031 exchanges can maximize returns for real estate investors, especially in multifamily structures.

REIT Opportunities:

While AGNC Investment’s 16% yield is attractive and qualifies them as a leading REIT, exposure should still be limited to 2-3% of portfolios for passive income purposes.

Why It Matters:

Long-term investors can capitalize on these suggestions to scout high-return markets and loan products while improving tax strategies.

Business & Financial News in Focus

For professionals and investors, the intersection of real estate with business and financial news provides essential information.

Key Stories:

Marketplace:

Mortgage rates increased as bond yields surged amid mounting concerns regarding the U.S. credit downgrade. This also marks a highly volatile week for the stock market.

Banking Sector:

Angel Oak Mortgage REIT announced a robust Q1 2025 with a year-over-year 18% growth in net interest income, showcasing strength in non-QM lending.

Crypto and Real Estate:

The use of digital assets to purchase real estate is rising, creating innovative opportunities for more technologically inclined investors.

Small Business Loans:

Stricter lending standards hurt small business lending, adversely impacting real estate developers and investors.

Why It Matters:

These trends allow for better real estate decisions, aiding investors and entrepreneurs to adapt their plans to shifting market dynamics.

The GCA Forums Headline News Weekend Edition Report for May 19–24, 2025, examines the critical factors influencing the housing and finance industries. We examine everything from increasing mortgage rates to shifting government policies and investment options. With GCA’s industry-leading analysis, homebuyers, investors, and professionals are well-prepared to tackle today’s challenges. Don’t miss out on the daily updates, and join the GCA Forums family to unlock exclusive content and network with professionals.

Check out the personalized recommendations and analysis available at the GCA Forums News site and register today!

https://www.youtube.com/watch?v=WNgdtgDd78Q

GCA Forums News: Memorial Weekend Edition, May 25, 2025

Real Estate: Housing Market Encounters Challenges as Activity Declines, Prices Surge

As the National Association of Realtors noted, the sales pace for existing homes in April 2025 stagnated at 4.0 million annually, marking the slowest since 2009. This sluggish performance represents the weakest output for April in over a decade. Lawrence Yun, the association’s chief economist, indicates that the increase in mortgage rates, now exceeding 7% compared to 6.2% in Sep of 2024, is a significant barrier. While activity is slowing, home prices continue to rise and set record after record, reducing the attractiveness level of homeownership for first-time buyers. In Canada, home sales fell 9.8% in April, though there is some positive news for buyers in increasing listings. The GCA Real Estate Roundtable is buzzing with debates about whether this is a buyer’s or seller’s market–don’t miss the discussion, and add your voice!

Over the holiday period, mortgage rates saw some changes and were relatively active.

GCA Forums News post and CNET suggest that for the week after May 26, 2025, the average rate for a 30-year fixed mortgage will sit at 6.89%. This is a decline of 3 basis points from the previous week, while the 15-year fixed rate has increased to 6.11%. Other analysts foresee the rates being around 7% unless drastic actions like inflation cooling down or a weaker labor market prompt the Federal Reserve. Moreover, forum members are giving strategies for USDA loans, locking in low rates, and rate shields that could benefit rural areas. Please share if you have found other lenders that would provide better rates or seamless processes.

Market speculation is fueled by proposed policies like the 25% tariffs on smartphones drafted by President Trump if companies such as Apple and Samsung do not relocate production to America, along with his earlier proposition of turning over 40% of single-family and half of multi-family mortgages to private entities, Fannie Mae and Freddie Mac.

GCA Forums’ Finance Forum analyzes how these policies might impact affordability and investment properties. Some users recommend cash-flowing rentals in top-tier markets to mitigate high-rate disadvantages per the Great Community Authority Forums’ advice. What’s your investment strategy during these times?

Hamptons Market: Rising Inventory and a Surge in Short-Term Rentals

Along with luxury real estate trends, the Hamptons market is gradually increasing inventory, which most buyers have not had for the past few years. As highlighted by the Hamptons Real Estate Roundtable, this gives buyers more choices. Sellers must be strategically priced to avoid prolonged price haggling. Buyers should remove mortgage contingency clauses to make better offers. A new trend of short-term (2-3 weeks) rentals is developing, largely fueled by remote work adaptability and younger long-term renters traveling to multiple summer hotspots. GCA’s Luxury Living thread is conflicted about this mid-term market evolution—contribute your thoughts!

Global Real Estate: Updates from Healthcare REIT and India Market

Northwest Healthcare Properties Real Estate Investment Trust marked its territory as a stable player in the healthcare real estate market across North America, Brazil, Europe, and Australasia by announcing a $0.03 May 2025 per unit distribution payable on June 13, 2025.

At the same time, Aditya Birla Real Estate’s stock declined by Rs 131 crore in Q4 2025. Still, it rebounded 5.42% to Rs 2038.10, suggesting renewed hope for future profitability. These developments are the focus of Global Capital Advisors’ Global Markets forum: join to discuss cross-border private equity placements.

Beyond Real Estate: Entertainment, Sports, and Community Highlights

Entertainment:

At the box office, Disney’s Lilo & Stitch and Mission: Impossible

The Final Reckoning is poised to compete for the top Memorial Day spot. Inside the Gaming Guild, Fortnite’s Crew Pack skin for June 2025, Ayla Winn, has garnered mixed reviews, some calling it “fire” while others claimed it was lackluster.

Sports:

Canadian tennis prodigy Victoria Mboko turned heads at Roland Garros as she opened her campaign with a dominant 6-1, 7-6(4) win. The sports threads seem optimistic, rallying to support her against Eva Lys in the next round.

Community:

Earlier this week, severe storms struck 10 states within the U.S. GCA’s Community Corner is sharing best practices for recovery as NOAA warns of a busy 2025 hurricane season. In other news, Lady Gaga’s Abracadabra dominated Most Requested Live, and BNK48 fandoms eagerly anticipate the release of their single Colorcon Wink on May 31.

Contribute to GCA Forums’ Real Estate, Mortgage, Community threads, and more. Happy Memorial Day!

https://www.youtube.com/watch?v=VeQoGfuG0TI

My daughter and her husband live in Texas. Do your company offer loans on manufactured or modular homes using a VA Loan?

What is 100% Unsecured Business Loans For Small Business Owners? How does unsecured business loans work? What are the eligibility requirements and guidelines on unsecured business funding? How hard is it to get an unsecured business loan? What is the lending process on unsecured business loans? What is the step by step process on unsecured business funding? What are the types of small businesses that can benefit from small business unsecured funding?

What are lender overlays by mortgage companies. What is the differences between a conventional loan and government-backed mortgage loans. What does it mean if a mortgage loan is backed by the government. Are conventional loans backed by the government? What are common lender overlays on FHA, VA, USDA, and Conventional loans.

There are many conflicting questions about the type of people that become cops and police impersonators. I heard kids who were picked on in high school become cops. Cop impersonators are those who could not become POST certified to become cops or could not pass the background investigation

Adam Schiff is grilling Special Counsel Robert Hur on why he released embarrassing information about his investigation of Joe Biden and his deteriorating mental state. So what is Representative Adam Schiff saying? To hide it from the public?

https://youtu.be/TcQIjK2BYso?si=3NnxmkoocwrA70kt

Sylvester Stallone makes it official. Sylvester Stallone and his family are fleeing the state of California and will set their home in Florida. Never in history so many Californians are fleeing California than ever before. Skyrocketing crime rates, Clownshow politics, high taxes, ridiculous home prices, and hemorrhaging economy. California is losing so many residents they are losing congressional seats due to losing population. With an incompetent governor and unaffordable Housing, people are fleeing to Texas and Florida as well as dozens of other blue states.

https://youtu.be/Ilk8vBJXAQE?si=ir5Pg8md28ycCi7E

Here is Tucker Carlson interviews Chris Cuomo part I

https://youtu.be/fogNGLmY4tg?si=mEIrfnmUhJ1G0OCA

Spoke with Gustan and he mentioned his friend is a professional German Shepherd training professional. What are Dutch Shepherd dogs.

Here’s the link to Mark Chen trained Dutch Shepherd dog.

• This discussion was modified 2 years, 4 months ago by  Gustan Cho.