Hope everybody has enjoyed theirHoliday weekend! It’s good to be back. I have something to share that is irritating me.. and.. I am going to discuss that in a minute.
But nonetheless, It’s good to be speaking to You and I am extremely grateful for you following my work.
Today, the 10 year treasury Bond yield is at 1.929 percent,
With the 30-year fixed national
Average 4.08% Which is actually a great interest rate,
But is pretty tough with the price of housing.
Remember to always Look at the PAYMENT,
and not the COST of the home.
Right now, Buying power is being
Diminished and first-time home
Buyers continue to get priced
Out of the market.
Stock market futures were down big last night,
and markets are down big today.
All this Russia/Ukraine talk now
That COVID is effectively over,
I think
Is just a massive arms deal
To keep the cabals and defense
Industrial complex cash flow rolling.
I think the Russian Federation and the Chinese
Dictatorship Is fed up with NATO, and are
Going to be playing war games
For the time being. I think there is
Going to be an event, that triggers
Some sort of financial, economic
Change globally. The only question
Is when?
There is a bone I want to pick
With the boneheads who make
These idiotic decisions, such as
The mortgage giants Fannie & Freddie
Raising lending costs less than six
Months after the cancellation of
A one-half point “adverse market”
Refinance fee.
These fees are to take effect on April 1,
2022, but unfortunately, lenders are already
Passing these fees on to borrowers already.
This is a complete money grab to the mom
& pop real estate investor, and what a
Joke this is.
This should really piss you off. It pisses
Me off. Now, I’ve been told, “Oh, Jordan,
This will be great because it will even
The playing field for first-time home
Buyers because less investors will
Be absorbing these homes”
Well, let me tell you that is
BULLSHIT. A complete crock of
SHIT. What’s going to happen, in
My opinion, is that this is going to
Make this investors like you and I,
Who only have a few rental properties,
Or may want to invest in one. You know
Who this is going to benefit? It’s going
To benefit the ultra-wealth who
Will just purchase in cash, which
Is a hedge against inflation, and
Will make it even worse for the middle
Class to build generational wealth
For their families.
Who comes up with this stuff? I
Know for damn sure these cone
Heads in Washington DC are not
For the middle class. They are not
For you and I. They are not here to
Help us create wealth. That’s for damn
Sure, and it’s a damn shame.
As Klaus Schwabb famously said,
“You will own nothing and like it”
This is really upsetting. And the fact
That they are already charging this
Fee before the April 1 deadline is
A complete money grab. As you know,
After 2008, Fannie & Freddie became
GSEs of Government Sponsored Entities,
And have never been released back to
Public ownership, although it is still
Publicly traded. This is just a cash cow
Slush fund for the cronies in Washington
D.C.
Ok end rant, but really, it should piss you
Off that people like you and I are always
Getting screwed, and the real problem
Is that we don’t do anything about it.
On a personal level, I used to meditate quite
Frequently and really good things seemed to
Happen. I got away from it for a bit but recently started
The past month again. Something I am doing different
Is listening to different frequencies such as music in 528 Hz and
963 Hertz, and let me tell you.. I leave it on low volume
When I sleep. I get up earlier, I feel so great and
rejuvenated. I feel like I can accomplish
So much. My body feels good.
My back pain feels like it’s gone when I do this.
I have nothing but good
Things to say about this practice, and thought
I should share that with you.
That’s it for today, I have a listing appointment
To prepare for but I am so grateful for all of you
Being here, my clients, my friends and family
Who support our business and work.
IF there is anything I can do for you,
Feel free to reach out.
Make sure to leave a comment, like the
Video and subscribe to this channel
Because I am going to give it to you
Straight, how I see it, in my opinion.
IN other news, the magic of Disney
Continues to be bold. They are going to
Be building residential communities
With condominiums and single family
Homes. The first community is
Planned for Ranch Mirage in California’s
Coachella Valley, and I will be discussing
This and a new construction update by the NJ General Contractors on my next video.
’til next time.
