S2025 Ep251: LIVE: Mortgage Rates, Jobs Report Shock & Oil Spike — What Happens Next? PART 3

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Let's go places.

So, in 11 days, they're not going to cut, 95% chance this was 97 the other day, but based

on today's jobs report, I don't think it's going to change anything over here.

So what am I saying?

I'm still saying, lock in.

If you're in a rate right now, if you're a homeowner right now and your rates over 8%

or you're 7.5, reach out to us.

Let's see if we can save you some money.

If you're looking to buy, don't worry that rates are going to skyrocket from here.

You might have friends back in 2020, 2021 in those areas where they got pre-approved.

They started building that dream home of theirs and then by time they were done, it was

like, the payment went up to grand more than they thought and they're like, I can't do

this.

Well, some of them did, some of them just backed out and because rate spiked, well, there

was reasons for that at that time, but right now, we're looking into the economy, let's

fast forward or move back to where we were at the beginning.

Here's where mortgage rates are most likely going to go and I'll give you my Y opinions

on this and you're feel free to drop that down below your opinions.

But I'm saying corporate earnings, that's where I'm going to start looking at, but I'm

going to give you a flow chart here that I want to look at.

We're going to look at real estate.

That's what channel we're at.

Where I think real estate is going to go from here, we'll talk at that market first.

I think they're going to be flasks of pancake unless, if you watch my forecast video, I

said they're going to be flasks of pancake unless you're in an affordable area or an

unaffordable area.

And here's what I mean.

We have parts of the country right now.

They're getting hammered by insurance costs and taxes like us here in Illinois.

And it's hard to afford a house, you know?

So you have parts of Florida where your homeowners insurance might be equal to what your principal

and interest payment would be on your house, just making housing unaffordable.

Those housing markets, they're going to suffer.

But then you have other areas that their taxes are at point, everything else in the area

is working, insurances aren't skyrocketing.

And you're going to have those areas that are going to prosper if there's the infrastructure

behind it.

So, but I'm saying overall, you're going to have a flat market.

For these things over here, what would make these things go way up or way down?

Well, way up, we've seen that.

It has to be inflation out of control and we saw that three, four years ago.

And inflation was at like 8%.

So the fed that fed waited too long, they needed to step in earlier, but now they brought

it down to 2.3 or something like that at one point and then tariffs hit in, now we're

going to have oil.

It's going to go back to 3.2.

I didn't expect that, but you have to pivot as the data comes in.

But oil might be much more short lived because of the insurance claim that just came through.

But let's get back to real estate.

The mortgage rates are going to play a huge role into that.

So I'm saying that mortgage rates are going to be flat.

Okay, so that's that part of it.

They're going to be through jobs, inflation growth, oil, that, that's short enough.

So my short term is on this, rates are going to be flat, they're going to be, they're

going to pop all over the board.

So if you're a homeowner, go to our website, this is a quick little promo, don't hang up

on me yet.

If you're a homeowner, plug in your information right up there.

It's called rate watch 2.1.

What it is is what rate you want to refinance, we'll call you.

I'll call you probably personally, or how much of a monthly savings are you looking for?

Dan, if I can save 300 bucks a month, let me know.

Put your information up there.

I'll call you if either one of those hits.

If you're going to have a loan quote, your loan estimate up in there, it's the tab right

next to it.

Now, if you're a loan officer in here, don't freak out.

I'm not here to steal your business.

Same thing with the realtors.

I'm here just to provide you facts and the truth behind things.

So the reason why I do the true estimate or loan estimate review, there's a lot of companies

out there that even work for a couple.

Their rates and fees are crazy, but if you don't know any better, you don't know any better.

But if you're going to upload your documents in there, what I'll do is I'll do a personalized

video back to you and say, okay, here's where our rate would be and here's where our fees

would be.

And if we can beat them in both those, I hope to win you as a customer.

But let's go back.

All right.

So now we talked about real estate.

That's where I think real estate is going to be stocks.

They're going to be same thing.

That's going to be all over the board.

Good's going to win.

The bad's going to win.

You know, I'm an investor.

I do this long term.

I don't buy in and out of the market.

I buy them into the S&P 500.

I used to tell my kids to buy in the Berkshire Hathaway, they have a whole new model now.

So I'm just an S&P 500 fan or an international fund or something like that.

So maybe check out some of the videos I might have down below that's Stock Talk Tuesday.

But earnings reports right now are coming in pretty good.

Okay.

A lot of this inflationary numbers, we know the tariffs are there.

Everybody expected tariffs at about a 15% or 18% clip.

Right now.

Right now that's published, unless you can prove otherwise down below, I think the tariffs

are at 10%.

And I know he said 15%, but all the media today is telling me it is 10% that's active currently

now.

I don't, you know, you can agree with it or disagree.

I'm just telling you what it is.

So I think a lot of analysts and myself were thinking, okay, he's probably going to

put in a 15.

He's going to cap it out at 15% and that's probably just going to have things equal to where

they would have been.

But if he comes in at 10, I think that might help the equation when it comes to inflation.

That's what the markets are going to look at, but this oil thing is going to be a hiccup.

So what I want to do is kind of timestamp today and it is the, what is today?

It is March 6th.

My wife's birthday is tomorrow, I wish my wife some happy birthday down there below.

We got March.

It is the 6th.

The trades are 6.14, I'm going to the stock exchange because what I want to do is next Friday

when we do this, I'm going to go in here and see where the Dow Jones was.

We got 47, 445 and oil is $90, $90.31.

What I'm working on actually folks is a live site that's going to give you all this information

you need.

So you can just go to my website, click it.

It's going to give you where mortgage rates are, where the oil is going.

It's going to have live feeds for these things.

We should have it up soon.

So you can check on that 24-7.

But we just tagged those things.

So I'm expecting this oil trade to really start to pull back.

Remember before all this happened, oil was at $60 a barrel.

This is a 50% increase.

So now you had the breaking news it just came out and they're going to ensure the tankers

of security through.

I think they're even moving through the Red Sea.

The oil is going to get to where it needs to get.

So you might see.