National Headline News Overview for GCA Forums News Tuesday, March 25, 2025

Real Estate and Housing Market Update

As of March 25, 2025, the U.S. real estate market is trying to balance buyer demand and mortgage rates. The persistent housing shortage continues to put upward pressure on home prices. However, recent increases in inventory home prices offer some respite to buyers. The market for single-family homes remains robust, driven by the low supply and ongoing demand from younger homebuyers looking for affordable housing options.

Mortgage rates and Interest Rate Changes

Mortgage rates follow the economy’s direction. Recent surveys suggest that current rates are slightly above five percent: around 5.4% for a 30-year fixed mortgage. This time last week, it was lower than that figure, so a positive trend/slight improvement has been observed. The Fed’s latest interest rate changes drive the increase to support restraining inflation, among other goals. Buyers have pulled back, which has increased the capture of the inactive demand. Prospective home buyers are looking very carefully at their options, with the Fed signaling more increases are on the way. This has forced many to consider ARMs for lower payments at the outset.

Economic Overview

The total economic outlook is still optimistic. The Gross Domestic Product (GDP) is expected to increase by 2.3% in the first quarter of 2025. Increased consumer spending and a gradual improvement in manufacturing are key factors in the increase. However, inflation remains a dominant factor. The Consumer Price Index (CPI) shows an increase of 3.6% yearly. The Federal Reserve is expected to keep its tight monetary policy and focus on inflation rate changes.

Employment Situation

The unemployment rate is 4.0%, which shows some improvement in the job market. There has been a strong increase in new jobs in almost all service and technology areas. However, there is still some work to do regarding the skills shortage in certain areas. Workforce development initiatives will prove invaluable in the regions where the economy is growing.

Federal Reserve Board Actions

Given inflation, the Federal Reserve Board has gathered to analyze the current state of monetary policy. The central bank still focuses on its dual mandate of maximum employment and stabilizing prices. Fed policymakers are more concerned about inflation and expect to make changes soon before altering their interest rate guidance.

Housing Inventory vs Demand

The imbalance between the existing inventory of houses and buyer demand continues to persist, with many markets still being seller’s markets. Although new construction is slowly picking up, it has not yet sufficiently eased the pressure experienced by buyers. Experts predict that as the inventory levels increase further, the competition may ease and improve the conditions for home buyers.

Precious Metals and Dow Jones Performance

The Dow Jones Industrial Average has fluctuated, reportedly hovering around 34,800 points. Investor confidence remains tempered by the prospect of inflation and interest rate hikes. Gold remains in great demand and continues to be the most sought-after commodity, with investors protecting their portfolios selling at about $2,100 an ounce. Silver is also gaining attention, and its price is increasing.

Other Market Insights

Along with the stock price movements, the bond market has now changed its focus to yields as market players analyze the Fed’s monetary moves. The commercial real estate market is holding up quite well in the logistics and warehousing subsector due to the growth of e-commerce.

Overview of the Mortgage Industry

The mortgage industry is responding to current economic conditions. To satisfy borrower appetites, lenders specialize in a wide variety of mortgage lending products, such as FHA, VA, USDA, and conventional loans. While new purchase mortgages continue to undergo purchasing challenges because of increasing interest rates, the refinancing market remains sustained.

Developments of an Economic, Political, and Legal Nature

In one aspect of the legal concerns, a recent decision has suspended the deportation proceedings initiated during the Trump Administration, sparking another discussion on immigration policy enforcement priorities. This is part of the wider discussion on policy immigration reform as far as undocumented people living in the U.S. are concerned.

In addition, there is a new worry about possible fraud and misconduct regarding certain prominent politicians. There is speculation about possible probes into well-known figures like Hunter Biden, Anthony Fauci, and Alexandria Ocasio-Cortez. In certain circles, the claims of these individuals committing crimes against humanity and treason are on the rise. These developments will seriously affect the political sphere and the public’s attention.

On March 25, 2025, the country’s economy and politics blended favorable and unfavorable conditions. As for now, the increasing mortgage rates and inflation fears, alongside new changes in the legislation, are affecting and are likely to affect the real estate and mortgage businesses as well as the overall economy. With the situation’s dynamics changing quickly, stakeholders in multiple sectors are bound to be concerned.

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 7 months, 2 weeks ago by  Gustan Cho.

Getting NMLS License for the state of Illinois is easy and pretty fast. Illinois is one of the states lenient with bad credit for state licensing. It normally takes three to five days to get an Illinois NMLS license transferred from one company to another and about two weeks to get approved for a brand new loan officer state license for Illinois. California is the first state that does not care about bad credit. You can have collections, judgments, and even tax liens and get approved in California. Illinois does not care about collections, charge-offs, or late payments. Remember that credit scores do not matter to get your NMLS license in all states.

Here is a blog written about Can You Become a Loan Officer with Bad Credit

https://gustancho.com/can-you-become-a-loan-officer-with-bad-credit/

gustancho.com

Can You Become A Loan Officer With Bad Credit And Get Licensed

Can You Become A Loan Officer With Bad Credit? Absolutely. I have over 50 derogatory credit items such as unpaid collections, charges offs

image-4.png 432 KB Image File - Click to view

Options

• Copy Download Link

How does FHA OTC New Construction Loans work?

The City of Chicago has a major budget deficit. Chicago is outspending Los Angeles, New York, and other major big cities

What Chicago needs is an office of government efficiency. Get rid of Incompetent Mayor Brandon Johnson and other leaders without a clue

https://youtu.be/zVJli70qr7Y?si=kPQ9oqtxhT7JqsqH

Lennar Homes are slashing their new home prices by 25% in 2024. CEO of Lennar admits their mortgage division is experiencing delinquencies and a higher number of debt to income ratio from consumers. Lennar Homes is America’s second largest New Home Builder.

https://youtu.be/6mmQ2TEoK-g?si=nj2aidmYgL_awc8N

This video clip is funny. Pranking a guy until he literally goes nuts.

https://www.facebook.com/share/r/Z1LV4FFvHHBExZ2A/?mibextid=D5vuiz

facebook.com

Please HOLD 📞 | Billy Rosewood IV | you_funny_fooker · Original audio

Please HOLD 📞. you_funny_fooker · Original audio

What is the difference between AXEN Mortgage and NEXA MORTGAGE?

. 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

Here’s an article about the EXPRESS SBA NO-DOC LOANS you may want to read and find it interesting and informative

http://www.lendingnetwork.org/express-sba-no-doc-loans/

• This discussion was modified 1 year, 7 months ago by  Gustan Cho. Reason: Wrong url

lendingnetwork.org

Express SBA No-Doc Loans

This guide will cover Express SBA No-Doc Loans for small business owners. If you are a small business owner looking for a quick and simple way to get funding

Look at this video clip of an Angel

https://youtube.com/shorts/vHs1G6jfqPM?si=3U78Ks72-vEa_6bt

My vantage scores are 699 and 703 but FICO is 645. I lost $1,000 after my landlord refused a reference last year. I also changed jobs for FT in a different industry. I had 2 years at last job and will be one year July for this position. Is there any hope? This is my last opportunity as I am 58. Looking at $40000-$60000 depending on my final pick.

Police corruption is out of control. There are more arrests and convictions based on percentage versus the entire civilian population. The hiring process needs to get more strict recruiting police officer recruitment. Anyone with a high school diploma, GED, or two year junior college degree in law enforcement or 60 college semester hours can become a police officer. Here’s a video of Oklahoma police chief Carl Stout, the most Corrupt Police DEPARTMENT under the leadership of Chief Carl Stout.

https://youtu.be/9IGCyzLQR1U?si=5CjUfe_xnMZnGK2N

The housing market forecast looks gloomy. With the average home prices up 100% since 2019 with rates at 7.5% and inflation at historic highs, homebuyers are perplexed as to buying a house now or later. Besides all the above, homeowners insurance is up as 500% and property taxes are skyrocketing.

Watch the attached video.

https://youtu.be/d01s6tsDGaA?si=oRGy90yEOhzXiMCa

Here is an informative article on how mortgage lenders price mortgage rates based on credit scores.

https://www.gcamortgage.com/mortgage-rates-versus-credit-scores/

gcamortgage.com

How Lenders Price Mortgage Rates Versus Credit Scores

The way lenders price mortgage rates versus credit scores is the lower the credit scores, the higher the mortgage rates due to risk for the lender

Dan Bongino livid at Bill O’Reilly because Bill O’Reilly called Dan Bongino a fanatic because Dan Bongino said even Democrats don’t want illegal immigrants to vote. Look at Dan Bongino podcast. A lot of F# and MF BOMBS.

https://rumble.com/v52t19p-dan-bongino-destroyed-bill-o-riley-wow-.html

rumble.com

Dan Bongino Destroyed Bill O Riley wow 🤯

Tip/Donating (everything I do is free, so any tips are appreciated) https://www.givesendgo.com/theunshakeablepundit Truth Seeker in my Spare Time You Can Follow Me at: Telegram is my home base of Oper

A fellow member of GCA FORUMS directed me to ask GCA FORUMS members about generating my own organic traffic for Leads. I have been shit out of luck buying leads.

It is ridiculously crazy at some classic car values and how much they are fetching in today’s automotive markets. Who ever thought 🤔 a $3,000 1970 – 1971 Dodge Cuda Big Block can be worth several hundred thousand dollars. Who ever thought a $3,000 1950 Mercedes Benz 300 SL Gullwing would be worth over a million dollars today. There are Classic Cars like the old Ferrari 250, Ferrari Boxers, Ferrari Dino, Ferrari F40, FERRARI F50, Lamborghini Countach, Lamborghini Miura, 2005-2006 FORD GT, 2004-2005 Porsche Carrera GT, and many more cars that is worth six to seven figures. Look at the attached video.

https://www.facebook.com/share/r/qTiAt9pBkeZSiXUo/?mibextid=D5vuiz

facebook.com

This Addition Would Make a Car Worth $1.8 More 💰 🚗 | This Addition Would Make a Car Worth $1.8 More 💰 🚗 | By VINwikiFacebook

This Addition Would Make a Car Worth $1.8 More 💰 🚗

I am looking at Tiny homes and financing. I currently have a few rv parks that i am looking to put in some tiny homes, eventually i would like to make a community of these maybe have up to 40. The homes will be on a permanent foundation with county water and central sewage. I was wondering if anyone has financed these type of projects or tiny homes in general. I will upload a few pictures but am working with an architect for the site plan. I have sites mainly in oklahoma but also in texas and south carolina.

Chase and his canine brothers and sisters are enjoying the afternoon out on the deck.

😎

I am a first-time precious metal investor. How do you go about investing in Gold and Silver? Do I need to watch out for scammers? Where do I buy gold or silver? What is the minimum I can invest in Gold and Silver?

Here are some key facts about Nevada: Nevada is a state located in the western United States. Its capital and largest city is Carson City. Major cities include Las Vegas, Reno, Henderson, and North Las Vegas. Nevada is the 7th largest state by area but one of the most sparsely populated. Most of the state’s terrain consists of desert and semi-arid landscapes. It is part of the Mountain West region of the U.S. The Mojave Desert covers much of southern Nevada. Nevada is best known for its gambling, entertainment and tourism industries centered around Las Vegas. Other major industries include mining, logistics, and renewable energy. Notable geographic features include Lake Mead, the Hoover Dam, Red Rock Canyon, Valley of Fire State Park, and Great Basin National Park. Native American tribes have inhabited the area for thousands of years. Nevada became the 36th state admitted to the Union in 1864. Top institutions of higher education include the University of Nevada, Las Vegas and the University of Nevada, Reno. Let me know if you need any other details about the history, culture, economy or attractions in the state of Nevada. Gambling in Nevada: Nevada is famous for its legalized gambling and is considered the gambling capital of the United States. Here are some key points about gambling in Nevada.

Gambling was legalized in Nevada in 1931, when the state passed a law allowing gambling establishments. This move helped bolster Nevada’s economy during the Great Depression.

Las Vegas is the gambling mecca, home to lavish casino-resorts like the Bellagio, MGM Grand, Caesars Palace, and the Venetian. The Las Vegas Strip is an iconic destination for gambling. Reno is another major hub for casinos and gambling, known as “The Biggest Little City in the World.” In addition to slot machines and table games like blackjack, roulette and craps, Nevada casinos offer sports betting, poker rooms, and racebooks for betting on horse races. Nevada’s lenient regulations on gambling have allowed the state’s casinos to experiment with new games and gambling formats over the years. Gambling tax revenues are a critical part of Nevada’s economy and state budget. In fiscal year 2022, gambling taxes provided over $1 billion to state coffers. While Nevada is famous for its mega casino-resorts, there are also many smaller local casinos and gambling halls across the state. Native American tribes have also opened casinos on tribal lands in Nevada in recent decades. So in summary, legalized gambling, pioneered in Nevada, has become a pillar of the state’s identity, economy and tourism draw.

• This discussion was modified 11 months ago by  Lisa Jones.
• This discussion was modified 11 months ago by  Gustan Cho.
• This discussion was modified 10 months, 4 weeks ago by  Sapna Sharma.

What type of security surveillance system would you recommend to install in my house. I want surveillance cameras as well as sound and voice activated security system. I heard many of these security systems are easy to install and many are portable wireless surveillance cameras and voice activated security systems. Do you know how much it is. Ballpark. Thank you

Here’s a video clip about traumatizing a dog for life. The black lab mix will never be the same after witnessing a Bulldog being cut up.

https://www.facebook.com/share/r/Kpe6DR8B8yCbbsot/?mibextid=D5vuiz

facebook.com

The dog is trying to say "I DON SUFFER FOR THIS HOUSE". 🤣🤣 #doglover #cakesofinstagram | Brian Junior | Brian Junior · Original audio

The dog is trying to say "I DON SUFFER FOR THIS HOUSE". 🤣🤣 #doglover #cakesofinstagram. Brian Junior · Original audio

If you want to get paid 1099 as a loan officer you need to surrender getting licensed in the following states.

1. Nevada

2. Hawaii

3. Illinois

4. Mississippi

5. NEBRASKA

6. New Jersey

7. North Carolina

8. South Carolina DFI: SC DCA NO W2

9. Georgia

10. Vermont

11. MA

More and more states are allowing loan officers become 1099 wage earners. We will update this list as states update allowing 1099 wage earner for loan officers.

• This discussion was modified 11 months, 2 weeks ago by  Gustan Cho.

I am looking at buying a RVPark- that is currently cashflowing at a 7.5cap – I am looking at changing the model a bit and infusing capital plan to add capsule airbnbs and boat storage (20) frames are already built. The Property is 10 acres – less than 2 miles from a lake that has over 6 million visitors a year. It is located 30 minutes from 2 of the largest casinos and also 3 state parks. I am wondering if someone could finance on projected dscr. Any help would be great. I will post some designs of the homes and some of the land later today.

Ponds and waterfalls can add a serene and natural aesthetic to any garden or outdoor space. They not only enhance the beauty of the environment but also provide a habitat for various forms of wildlife. Here’s an overview of what they involve:

Ponds

Ponds are water bodies that can be either natural or man-made and are usually smaller than lakes. They can be a central feature in gardens, providing a peaceful spot for relaxation. Homeowners can stock their ponds with fish like koi or goldfish and plant aquatic vegetation to promote a balanced ecosystem.

Waterfalls

Waterfalls in a garden setting are typically constructed as part of a pond system. They add visual interest and the soothing sound of flowing water, which can enhance the tranquility of the space. Waterfalls are also beneficial for circulating and aerating the water in ponds, which helps maintain water clarity and supports the health of fish and plants.

Installation and Maintenance

Installing a pond or waterfall requires planning the right location, size, and filtration system to ensure sustainability and ease of maintenance. It’s crucial to consider factors such as sunlight exposure, proximity to trees (to avoid leaf debris), and accessibility for cleaning.

Maintenance involves regular cleaning of the water, checking and managing the water pH and other quality parameters, and maintaining the pumps and filters that keep the water circulating and clean.

Benefits

Beyond aesthetics, ponds and waterfalls offer environmental benefits such as supporting local biodiversity and providing a micro-habitat for birds, insects, and amphibians. The sound of water from waterfalls can also mask background noise, creating a quieter and more serene atmosphere.

Incorporating ponds and waterfalls into landscaping not only boosts the visual appeal of the property but also increases its value. They are a long-term investment in the beauty and ecological health of your outdoor living space.

What is the historical price and growth of silver and gold?

CEO Mike Kortas terminates co-founder Mat Grella of NEXA Mortgage. More to come.

https://nationalmortgageprofessional.com/news/co-founder-mat-grella-terminated-nexa

Join us this afternoon with CEO Mike Kortas on WHY NEXA Mortgage at 1 pm CDT. Every Thursdays 1 pm CDT on WHY NEXA Mortgage is where you should start your mortgage loan origination career. CEO Kortas is hands down the best Chief Executive Officer in the mortgage industry hands down. If you can’t make today’s WHY NEXA MORTGAGE ZOOM call with CEO KORTAS, CEO Mike has a WHY NEXA MORTGAGE ZOOM CALL every Thursdays at 1 pm CDT

Here’s the link

https://www.zoom.us/j/4802285442

• This discussion was modified 1 year, 5 months ago by  Gustan Cho.