How Much Do You Know About Mortgages?

Mortgage Insider Shares Some Troubling News and The Weekly Recap...

(5/4/2024)

🏢 Google laying off hundreds of core employees is a concerning development in the tech industry and could have broader implications.
💸 Serious craziness happening in the federal government right now where Freddy Mack is about to securitize Second mortgages and it's a big deal.
🏦 The Fed has a history of lowering rates right before an election if they're afraid of one side winning over the other, which has happened four times since 1972.
💰 The 10-year bond market is still fighting the fact that world governments do not want the US dollar anymore, leading to potential impact on mortgage rates.
💰 The decision to lay off core employees is a strategic move to cut costs in response to a decrease in advertising revenue.

(5/4/2024)

😱 People are in tears and afraid of losing their jobs due to special phone calls they're getting about credit polls and trigger leads.
🏠 The upcoming mortgage AMA will cover issues in the mortgage industry, including how to avoid being conned by mortgage brokers and navigating credit polls.
💸 Refinancing before the rates went up could have saved people tens of thousands of dollars over the next couple of years, as seen during the great financial crisis.
💸 "They lock in a rate and they don't realize that they were just taken by a company and it even happens in brokerages where they're selling stuff off to you know rocket mortgage stuff because they'll be able to bend numbers a little bit."
💸 Many people are overextended with debt and are turning to their home equity to pay it off, risking their mortgage rates and financial stability.
🔓 The unlocking of $1 trillion in mortgage funds is about to start at the end of June, causing a race to get prepared for this.
📉 Online credit companies lie about credit numbers, leading people down a primrose path and causing financial stress during the mortgage process.
💰 "I saved $10,000 on my very first home and that's what led me to discovering how to access money cheaply like at the best prices and the best rates possible."

(4/30/2024)

💰 The great financial crisis shocked Wall Street with mortgage-backed securities imploding, and there's something unexpected coming for them again.
🏠 The real estate market is facing a potential crash, despite the CEO of America's largest home builder feeling good about the Florida market.
🏡 Home builders are creating urgency and scarcity by putting "sold" signs in homes that are not actually sold, tricking potential buyers into thinking they need to act fast.
📉 The practice of inflating home values could have significant implications for the housing market and the economy.
🏠 The impact of the housing market on massive funds and unemployment in the near future is going to be significant.
📉 The elites are selling stocks and getting ready for what's coming, are you prepared?

(5/1/2024)

🏠 The housing market has been falling for about a year and a half, signaling a larger economic issue that most people fail to realize.
💭 The world is in its current position due to wealth disparity and a wealth gap, not just good thoughts.
💰 The NAR exists because real estate agents are forced to pay them money for advertising, leading to diluted and delusional data.
📉 The Federal Reserve knows that home prices have been falling nationwide for over a year and are about to accelerate, leading to a potential economic crash.
🌎 They want to start a war a race war, a financial war, a class warfare, we're not buying it man.
🌆 The speaker's excitement about finding new shooting locations and angles for their videos shows a dedication to their craft.

(5/1/2024)

💸 Starbucks stock is headed for the greatest crash since the crash of 2008, losing market share to competitors like Dutch Brothers and Pete's.
😬 Starbucks reported a 4% drop in same store sales in the second quarter compared with the same period last year, while analysts were expecting growth.
📉 The Ninja predicts that Starbucks is about to experience the greatest stock crash, indicating potential trouble for the company.

(5/2/2024)

📉 The collapse in lending will filter through to all types of lending, causing risk to go through the roof.
🧐 "It's all fake. It's all built off of your pension fund."
💰 The lenders acquired 520 million of delinquent credit in the first quarter of this year, showing a 210% increase in buybacks compared to the first quarter of last year.
📉 "We have a massive implosion going on in the CR clo industry. It's a big deal."

Have a fantastic Sunday!

-Ninja Out