https://www.homeloansbakersfield.com/videos/why-you-should-ask-for-a-rate-buydown https://i.ytimg.com/vi/s5uKhn2YM-w/hqdefault.jpg Why you should ask for a rate buydown Mortgage rates jumped to their highest level since 2023 this week, even though inflation came in cooler and hiring slowed sharply. Here's what happened, what it means for your payment, and the move buyers should make right now. The takeaway: on a $400,000 loan, today's rate costs about $250 a month more than a year ago. Negotiating a seller credit toward a rate buydown can win a big chunk of that back. A half-point buydown on the same loan saves roughly $134 a month. Watch the next inflation report closely, with two Fed meetings still left this year. Mortgage rates just hit their highest level since 2023, and it is changing the math for buyers. Even though inflation is cooling, borrowing costs are up, making monthly payments significantly more expensive in this housing market. I break down how you can use seller credits for a rate buydown to offset these higher costs and protect your budget. Freddie Mac 30-year fixed average hits 7.28% PCE and core PCE inflation come in below forecast Dallas Fed trimmed mean at 2.2% September jobs report: just 29,000 jobs added Unemployment rises to 4.2% Case-Shiller home prices up nearly 3% since March Q2 GDP revised up to 2.2% https://www.youtube.com/embed/s5uKhn2YM-w 138 2026-10-02T18:27:27.000Z yes https://www.homeloansbakersfield.com/videos/why-7-mortgage-rates-arent-the-end-of-the-world https://i.ytimg.com/vi/CKg3BwTN9Eg/hqdefault.jpg Why 7% mortgage rates aren't the end of the world Mortgage rates just crossed 7% for the first time since January 2025. Fed officials are talking about another hike, oil and geopolitics are rattling the bond market, and rates have climbed five weeks in a row. Here's what it means for your payment and what to do about it. The takeaway: if you're under contract, talk to your lender about locking. If you're shopping, especially new construction, ask for a seller credit and put it toward a rate buydown. The headline rate isn't the rate you're stuck with. Mortgage rates just crossed 7%, leaving many homebuyers wondering what comes next. I break down why rates hit this level, what the Fed's potential hiking path means for your payment, and why the latest housing market data isn't as scary as the headlines suggest. If you are currently shopping, learn how to use seller credits for a rate buydown to protect your budget. - Freddie Mac 30-year fixed at 7.03%, 15-year at 6.42% - What the jump costs on a $400,000 loan - Fed officials Barr, Williams, and Paulson on another rate hike - Why the Fed Funds Rate isn't your mortgage rate - Geopolitics, oil, and inflation risk - New home sales hit the best pace of the year at 684,000 - Why a lower median new home price doesn't mean values are falling https://www.youtube.com/embed/CKg3BwTN9Eg 175 2026-09-25T22:43:15.000Z yes https://www.homeloansbakersfield.com/videos/first-fed-hike-in-3-years-and-its-not-the-last https://i.ytimg.com/vi/dGcJwJmKYBw/hqdefault.jpg First Fed Hike in 3 Years, and It's Not the Last... The Fed raised rates 25 basis points this week, its first hike in three years, and the vote was unanimous. But the bigger story might be what came after the decision, when a hawkish press conference sent bond yields sharply higher in a matter of minutes. The takeaway: don't wait on rate relief that isn't guaranteed to show up. If your numbers work now, that's worth more than a bet on the next Fed meeting. The Federal Reserve just hiked interest rates, and the impact on mortgage rates is immediate. I break down why waiting for relief might be a mistake and how these policy shifts affect your home buying power. If your numbers work today, betting on future market changes is a gamble you don't need to take. - What the Fed's rate hike actually means for mortgage rates (they're not the same thing) - Why 16 of 18 Fed officials expect another hike before year end - Payment math on a $400,000 loan if rates move another quarter point - Pending home sales, retail sales, jobless claims, and new construction data - Why bonds reversed course mid-afternoon after Fed official Warsh's comments https://www.youtube.com/embed/dGcJwJmKYBw 145 2026-09-18T21:19:16.000Z yes https://www.homeloansbakersfield.com/videos/the-hidden-leverage-you-have-as-a-buyer-right-now https://i.ytimg.com/vi/nFQubAtnMyA/hqdefault.jpg The hidden leverage you have as a buyer right now Core inflation just fell to 2.4% year over year, its lowest level in more than five years, and the Fed announces its interest rate decision Wednesday. In this week's update I break down what the inflation data actually means for mortgage rates, why existing home sales fell for a third straight month, and why rising inventory is quietly handing buyers more negotiating power than they have had in months. What I cover this week: Consumer prices rose 0.4% for the month on higher gas and energy costs, with annual inflation holding at 3.4% Core inflation fell to 2.4% year over year, the lowest in over five years Wholesale prices came in roughly in line with expectations, though headline and core both rose annually Existing home sales fell 2% from July to August, the third consecutive monthly decline, now at a 3.98 million annual pace Available inventory rose 3.2% from July and 5.9% from a year ago Initial jobless claims at 206,000 with continuing claims elevated at 1.77 million Oil prices climbing on escalating U.S. and Iran tensions The practical takeaway: fewer closed sales plus growing inventory means sellers are sitting longer. That is your opening to ask for a seller paid rate buydown or closing cost credits. On a $400,000 loan, a quarter point improvement in rate is roughly $65 per month or about $800 per year. Home buyer leverage is rising as home sales stall and inventory grows. With fewer homes selling, sellers are becoming more flexible with concessions like rate buy-downs and closing costs. I’ll break down the latest housing market update and how these shifts affect your negotiation strategy. https://www.youtube.com/embed/nFQubAtnMyA 115 2026-09-11T22:30:08.000Z yes https://www.homeloansbakersfield.com/videos/why-your-mortgage-payment-depends-on-this-report https://i.ytimg.com/vi/ATe4YXA6E3E/hqdefault.jpg Why Your Mortgage Payment Depends On This Report The August jobs report came in at nearly triple what economists expected, and the labor market still might be the weakest we have seen in years. Both things are true. Here is what it means for your mortgage payment. In this week's update: The Bureau of Labor Statistics reported 162,000 jobs added in August with unemployment holding at 4.1% ADP estimated just 38,000 private sector jobs, the slowest pace since January Revelio Labs came in at 36,500 Healthcare accounted for a large share of the gains, reflecting an aging population more than broad hiring strength Job openings totaled 7.27 million in July, with June revised significantly lower Initial claims stay low, meaning layoffs are limited Continuing claims stay elevated, meaning re-employment is taking longer August CPI releases September 11, ahead of the Fed's September 15-16 meeting The August jobs report is out, but is the labor market actually weakening? While headline numbers beat expectations, we break down why the underlying data suggests caution for anyone watching mortgage rates. I also share a specific float-down strategy to help you navigate the upcoming Federal Reserve meeting. https://www.youtube.com/embed/ATe4YXA6E3E 125 2026-09-04T23:28:56.000Z yes https://www.homeloansbakersfield.com/videos/why-you-shouldnt-wait-for-a-housing-crash https://i.ytimg.com/vi/jvEC-dPDDEI/hqdefault.jpg Why You Shouldn't Wait For A Housing Crash The headline said home prices are falling. The data says the opposite, and the difference comes down to one thing most reports skipped over. In this week's update I break down the July new home price story, what new Fed Chair Kevin Warsh said at Jackson Hole, and where buyers have real leverage right now. What's covered: Why the 2.3% median new home price drop is a mix shift, not a value decline. Builders sold more homes in the $300,000 to $399,999 range in July, which pulls the median down without changing what your home is worth. What Case-Shiller actually showed. Home prices rose 0.4% from May to June and 2.7% over the past four months. A $500,000 home appreciating 3% per year gains roughly $15,000 in value in the first year alone. Fed Chair Kevin Warsh at Jackson Hole. He made clear that getting inflation back to the 2% target remains the top priority, acknowledged some progress, but said the underlying trend has not shown enough sustained improvement. The inflation data behind it. Headline PCE rose 0.2% in July with annual inflation holding at 3.7%. Core PCE also rose 0.2% with annual core holding at 3.3%. The Dallas Fed trimmed mean, which filters out unusually large price moves, came in at 2.3% over the past year, much closer to the Fed's target. Q2 GDP grew at an annualized 1.5%, matching the initial estimate. Buyer strategy. New home sales fell 10.5% in July. Builders carrying standing inventory are motivated, and that shows up as rate buydowns, closing cost credits, and upgrade packages. Stack all three. Rate lock strategy. Every quarter point on a $400,000 loan is roughly $65 a month. Lock when the payment works for your budget, not when the headlines feel comfortable. Are home prices dropping? Don't let misleading headlines panic you about your home value. Recent data shows a shift in sales volume, not a crash in the real estate market. I explain exactly why the median price metrics are skewed and what that means for your investment. Stay updated on the latest housing market trends by subscribing to t https://www.youtube.com/embed/jvEC-dPDDEI 124 2026-08-28T20:02:28.000Z yes https://www.homeloansbakersfield.com/videos/everyone-is-waiting-for-rates-to-drop-but-what-if-they-dont https://i.ytimg.com/vi/NG1g9NK7c6Q/hqdefault.jpg Everyone Is Waiting for Rates to Drop... But What If They Don't? Everyone is waiting for mortgage rates to fall. This week's data says the next Fed move could go the other direction, and that changes how you should be thinking about locking, negotiating, and buying right now. In this week's update: 00:00 The next Fed move might be up Three policymakers voted to raise rates at the July FOMC meeting. The minutes point to inflation and labor data driving the September 16 decision. Rates this week The 30 year fixed averaged 6.65%, down from 6.67% and lower for a second straight week. The 15 year averaged 5.95%. Jackson Hole and new Fed Chair Kevin Warsh The symposium runs August 27 to 29, with Warsh delivering his first keynote as Chair on Friday, August 28, nineteen days before the September FOMC decision. Housing starts collapse Total starts fell 12.4% in July to a 1.24 million annual pace. Single family starts fell 9.9% to 808,000, down 15.7% from a year ago. Multifamily fell 16.8%. Builder confidence and buyer leverage The NAHB Housing Market Index sat at 35 in August, below 40 for roughly a year and a half. 35% of builders cut prices in August at an average of 6%, and 63% used sales incentives. Resale market slows Pending home sales fell 2.3% from June to July, a second straight monthly decline, and were down 2.2% from a year ago with declines in all four regions. Labor market Initial unemployment claims fell to 206,000. Continuing claims remained elevated at 1.799 million, a sign job seekers are taking longer to land. Oil and inflation risk Crude moved higher on escalating US and Iran tensions, with gas prices above $4.00 a gallon. Energy is the wild card for inflation heading into September. Rate lock strategy A quarter point on a $400,000 loan is roughly $65 a month and about $24,000 over the life of the loan. If you are under contract, that is not worth gambling on a speech. Mortgage rates just hit 6.65%, but are they heading back up? We analyze the latest Fed activity and market volatility to explain why pending sales are stalling and what this means for your home buying https://www.youtube.com/embed/NG1g9NK7c6Q 138 2026-08-21T20:25:05.000Z yes https://www.homeloansbakersfield.com/videos/mortgage-rates-could-be-about-to-move https://i.ytimg.com/vi/iCpLtS37ZYY/hqdefault.jpg Mortgage Rates Could Be About to Move! Core inflation just fell to 2.5% year over year, its lowest level in more than five years. In this week's update I break down what the July inflation data means for mortgage rates, what the Fed is watching, and where buyers actually have leverage right now. What I cover: July consumer prices rose 0.1% for the month, with annual inflation slowing to 3.4% Core inflation dropped to 2.5%, the lowest in over five years Wholesale prices came in more subdued than expected Retail sales fell 0.6% in July, below expectations New unemployment claims at 209,000, continuing claims elevated at 1.78 million Existing home sales declined for a second straight month Cotality Home Price Insights: prices up 0.3% May to June and 1.2% year over year Prices up 1.7% over the past four months, an annualized pace near 5.1% Real payment math on what a half percent rate difference costs you Why seller-paid rate buydowns and closing cost credits are back on the table Core inflation is hitting a five-year low. See how falling fed interest rates could lower your monthly mortgage payments today. This video explains how the recent shift in core inflation metrics signals a potential change in policy from the Federal Reserve. If you are currently shopping for a home or considering refinancing, understanding how these macroeconomic trends influence mortgage rates is essential for your financial planning. We break down the connection between monetary policy and the cost of borrowing so you can make informed decisions in the current housing market update. We illustrate the real-world impact using a $400,000 loan example. By analyzing these potential rate adjustments, you can see how even a small percentage drop translates into hundreds of dollars in savings on your monthly mortgage payments. This analysis is designed for homeowners and buyers who need to understand how the broader economy affects their personal bottom line. Comment below on whether you think rates will continue to drop through the end of the year. https://www.youtube.com/embed/iCpLtS37ZYY 152 2026-08-15T04:25:35.000Z yes https://www.homeloansbakersfield.com/videos/bad-jobs-report-good-news-for-homebuyers https://i.ytimg.com/vi/w6fwJbX7DRM/hqdefault.jpg Bad Jobs Report, Good News For Homebuyers? Employers cut 23,000 jobs in July against expectations of an 80,000 gain, and May and June were revised down by a combined 103,000. In this week's update I break down what the weakening labor market means for mortgage rates, homebuyers, sellers, and real estate agents heading into the next Fed decision. July jobs report and the negative payroll number The 103,000 job downward revision for May and June ADP private payrolls at just 44,000 Job openings falling to 7.36 million ISM Services employment moving into contraction Low initial claims versus elevated continuing claims What a cooling labor market means for mortgage rates Why buyer leverage disappears the moment rates drop What agents should be telling buyers on the fence right now https://www.youtube.com/embed/w6fwJbX7DRM 117 2026-08-07T22:39:27.000Z yes https://www.homeloansbakersfield.com/videos/three-fed-officials-tried-to-raise-your-rate-and-lost https://i.ytimg.com/vi/ZFPOYqyeaIc/hqdefault.jpg Three Fed Officials Tried to Raise Your Rate (And Lost!) Three Fed officials just voted to raise rates this week, and they got outvoted. In this week's update, I break down what the Fed's decision to hold the Fed Funds Rate at 3.50 to 3.75 percent means for mortgage rates, home buyers, and real estate agents. Here is what we cover: The split Fed vote and why three officials wanted a hike June PCE inflation cooling to 3.7 percent and Core PCE at 3.3 percent Home prices still rising per Case-Shiller and the FHFA Home Price Index Second quarter GDP coming in at 1.5 percent What stable rates and firm prices mean for your next move Whether you are buying a home or financing a commercial deal, I handle both residential and commercial lending nationwide. https://www.youtube.com/embed/ZFPOYqyeaIc 115 2026-07-31T23:26:25.000Z yes https://www.homeloansbakersfield.com/videos/lowest-unemployment-claims-since-1969-theres-a-catch https://i.ytimg.com/vi/v-MB1sMyscA/hqdefault.jpg Lowest Unemployment Claims Since 1969? (There’s a Catch!) Weekly unemployment claims dropped to 187,000, the lowest level since 1969, but new identity and eligibility verification requirements may be delaying or canceling some filings. That means the labor picture may not be as strong as the headline suggests, and that has direct implications for where mortgage rates go next. Also this week, new home sales rose 1.6% in June to a seasonally adjusted annual rate of 628,000, coming in above expectations after two straight months of declines. Home prices continued climbing, with ICE's Home Price Index showing a 0.26% gain from June to July and 1.7% year over year appreciation, running near a 3% annualized pace since the start of the year. On a 500,000 dollar home, that works out to roughly 15,000 dollars in equity over twelve months. On the geopolitical side, reports that the Iran backed Houthi group proposed a maritime blockade targeting Saudi Arabia pushed oil prices higher and added market volatility. Higher energy costs feed inflation, and inflation is the biggest thing standing between us and lower mortgage rates. I originate residential and commercial loans nationwide, including purchase, refinance, investment property, and commercial financing. Noise is when smart people make moves. Are unemployment claims actually at a 1969 low, or is the data misleading? We break down the real story behind the latest labor market numbers. While the headline numbers look incredibly strong, new verification requirements are likely skewing the data. This update explains why these figures might not reflect the actual health of the economy so you can make sense of the current market trends. https://www.youtube.com/embed/v-MB1sMyscA 125 2026-07-24T17:18:47.000Z yes https://www.homeloansbakersfield.com/videos/inflation-cooling-means-better-rates https://i.ytimg.com/vi/3wo1fkCAcsQ/hqdefault.jpg Inflation cooling means better rates! Everyone keeps asking when mortgage rates are going to drop, and June's data gave us the first real clue. In this update, I break down what actually moved the needle last month: Inflation cooled. Consumer prices fell 0.4%, annual inflation slowed to 3.5%, core inflation held steady, and wholesale prices declined thanks to lower energy costs. Cooler inflation matters because the Fed watches it closely when deciding where rates go. Housing was mixed. Pending home sales dipped 5.4% from May to June, ending a four month streak of gains and showing just how rate sensitive buyers still are. But housing starts jumped 19%, a strong comeback that could bring more inventory to a tight market. Building permits slipped 3% as builders stay cautious on affordability and construction costs. The broader economy held up. Retail sales rose 0.2%, and a stronger 0.7% once you strip out cheaper gas, so the consumer is still spending. Keep an eye on oil, which is climbing as U.S. and Iran tensions escalate. Whether you are buying your first home, refinancing, or financing a commercial deal, I handle both residential and commercial loans nationwide. Consumer prices are finally cooling, and the Fed is watching closely. Annual inflation has dropped to 3.5%, signaling a potential shift in monetary policy. This breakdown explains how these numbers directly impact the likelihood of upcoming interest rate cuts and what it means for your wallet. https://www.youtube.com/embed/3wo1fkCAcsQ 102 2026-07-17T20:41:04.000Z yes https://www.homeloansbakersfield.com/videos/why-next-weeks-inflation-report-could-be-a-big-deal-for-mortgage-rates https://i.ytimg.com/vi/GDQuTyGCNCY/hqdefault.jpg Why Next Week's Inflation Report Could Be A Big Deal for Mortgage Rates! Home prices rose 0.6% from April to May and are forecasted to climb another 4.8% over the next year, according to Cotality. Existing home sales slipped slightly but remain up nearly 3% from a year ago. Rising oil prices tied to US-Iran tensions pushed mortgage rates higher this week, but next week's CPI report is expected to show cooling inflation thanks to lower June oil prices, which could be friendly to the bond market. Here's everything you need to know. https://www.youtube.com/embed/GDQuTyGCNCY 154 2026-07-10T17:23:55.000Z yes https://www.homeloansbakersfield.com/videos/its-my-birthday-and-sellers-are-paying-closing-costs https://i.ytimg.com/vi/y8-cNjGHviE/hqdefault.jpg It’s my birthday! And sellers are paying closing costs! Nearly half of all home sales right now include a seller concession. In May it hit 46.2%, the highest number ever recorded for that month, and nationally it was 44.4% in Q1. The variation by market is significant. Los Angeles sat at 56.1%, San Diego at 59.2%, while San Jose was just 16.7% and San Francisco among the lowest in the country. Here in Kern County, with inventory up and homes taking longer to sell than a year ago, I estimate 40-50% of resale transactions include some form of concession right now. For FHA, VA, and first time buyers, that number is likely well over half. For agents and buyers, this is a shift worth understanding. Instead of negotiating on price alone, sellers covering closing costs or buying down a rate can save a buyer thousands up front, and it can be the difference that gets a deal to the finish line. On the broader economy, June job growth came in soft at 57,000 versus a forecast of 110,000, while home prices continued their steady climb per both Case-Shiller and FHFA data. Happy to walk through what this means for your specific transaction or client. Noise is when smart people make moves. https://www.youtube.com/embed/y8-cNjGHviE 136 2026-07-03T16:17:26.000Z yes https://www.homeloansbakersfield.com/videos/your-rates-stuck-at-6-5-until-this-changes https://i.ytimg.com/vi/u_9KIRs1WHo/hqdefault.jpg Your Rate's Stuck at 6.5% Until This Changes! Inflation just hit its highest level since April 2023, and this week's numbers are a big reason mortgage rates sit where they do right now. Headline PCE rose 0.4 percent in May, pushing annual inflation to 4.1 percent, while core PCE held at 3.4 percent, still above the Fed's 2 percent target. When inflation runs hot, the Fed keeps rates higher for longer, and mortgage rates tend to follow. The average 30-year fixed is hovering around 6.5 percent and holding steady, and with oil falling considerably since May, easing gas prices could help rates improve from here. In housing, new home sales dropped 7.3 percent to their second lowest level in nearly four years. First quarter GDP grew at a healthy 2.1 percent, supported by AI investment and stronger government spending, while a softer labor market could actually pull rates lower over time. First home or commercial deal, I can help. https://www.youtube.com/embed/u_9KIRs1WHo 171 2026-06-26T19:56:01.000Z yes https://www.homeloansbakersfield.com/videos/commercial-loans-and-commercial-real-estate-financing-in-bakersfield https://i.ytimg.com/vi/LSB6aGz3H4A/hqdefault.jpg Commercial loans and commercial real estate financing in Bakersfield, California and Nationwide! Commercial deals move fast—and financing needs to keep up. We start with a quick deal overview, then review the key lender metrics—NOI (cash flow after expenses), DSCR (income vs. payment), LTV (loan vs. value), and debt yield (cash flow vs. loan amount)—to estimate a realistic loan size and match the deal to the best-fit lender. From there, we package the file for lender review and guide the transaction through the closing process. Have a commercial purchase or refinance in mind? https://www.youtube.com/embed/LSB6aGz3H4A 118 2026-05-22T16:42:24.000Z yes https://www.homeloansbakersfield.com/videos/iran-jobs-and-why-housing-is-winning https://i.ytimg.com/vi/wFceN2oflgM/hqdefault.jpg Iran, Jobs, and Why Housing Is Winning! The April jobs report came in at 115,000 — nearly double the estimate. But the BLS just revised February down by another 64,000, and the real story driving mortgage rates this week isn't the headline number at all. In this week's market update, I break down what the labor data is actually telling us, why Iran is moving rates more than the jobs report, and why housing keeps holding up even as the labor market softens. Cotality is now projecting 5.1% home price growth over the next year! On a $500,000 home, that's $25,000 in equity built without lifting a finger. If you're a Realtor working with buyers on the fence, or a buyer trying to time the market, this is the context you need heading into next week. Got a residential or commercial deal to run? —— TIMESTAMPS: 0:00 – The April jobs surprise 0:14 – What's happening under the surface 1:00 – Jobs Data 1:18 – What is actually driving interest rates right now 1:56 -- Projection of Home Price Appreciation for the next 12 months 2:12 – Free 1-0 buydown for loans locked by June 30th https://www.youtube.com/embed/wFceN2oflgM 163 2026-05-08T17:24:31.000Z yes https://www.homeloansbakersfield.com/videos/mortgage-rates-hit-a-3-year-spring-low-heres-what-it-means https://i.ytimg.com/vi/gQoi7tVWDDY/hqdefault.jpg Mortgage Rates Hit a 3-Year Spring Low (Here's What It Means) Mortgage rates just dropped to their lowest spring level in three years and the housing data is shifting fast. This week we're talking pending home sales, retail spending, jobless claims, and what falling rates actually mean for buyers and sellers in Bakersfield and Kern County. Chapters: 00:00 Why this week matters 00:15 Pending sales and the rate drop 00:35 Retail sales (and the gas price catch) 00:50 What's happening with jobs 01:05 What this means for you Residential and commercial lending in Bakersfield, CA https://www.youtube.com/embed/gQoi7tVWDDY 96 2026-04-24T18:04:47.000Z yes https://www.homeloansbakersfield.com/videos/oil-prices-crashing-treasury-yields-falling-your-mortgage-benefits https://i.ytimg.com/vi/LHAW7Jgvz0I/hqdefault.jpg Oil Prices Crashing, Treasury Yields Falling - Your Mortgage Benefits! Oil is crashing, stocks are at all-time highs, and mortgage rates just got their best news in a month. In this week's update, I break down what the Israel-Lebanon ceasefire means for the bond market, why the 10-year Treasury dropping to 4.26% matters for your mortgage, and what the latest housing data says about buyer opportunity in Bakersfield and beyond. What we cover: Why oil prices crashed and stocks hit new highs The 10-year Treasury at a one-month low Builder confidence falling to 24 (and what that means for inventory) Existing home sales down 3.6% in March The typical homeowner has built $128,000 in equity over six years Inflation and jobs data you should know about Whether you're a Realtor advising clients, a buyer waiting on the sidelines, or a homeowner thinking about your next move… this is the update you need. Got questions about a specific deal or scenario? Big news for the markets this week! We're seeing a significant stock market surge with oil prices crashing, and mortgage rates are getting their best news in a month. This comes after an iran ceasefire went into effect, impacting the oil supply chain and leading to a rally in bonds. For an economic analysis of what this means for you, watch the full video. https://www.youtube.com/embed/LHAW7Jgvz0I 131 2026-04-17T23:48:35.000Z yes https://www.homeloansbakersfield.com/videos/178-000-jobs-added-but-watch-what-happens-next https://i.ytimg.com/vi/mewl6J7E1BA/hqdefault.jpg 178,000 Jobs Added... But Watch What Happens Next The March jobs report surprised everyone — 178,000 jobs added vs. just 60,000 expected. But under the surface, the labor market is sending mixed signals. In this video, I break down what's actually happening with jobs, wages, and layoffs… and what it all means for home values and housing. Home prices have now risen for six straight months. Even in a cooling economy, real estate continues to build wealth. If you're wondering what your home is worth or whether now is the right time to make a move, visit my website for a free consultation. —— TIMESTAMPS: 0:00 – The March jobs surprise 0:20 – What's happening under the surface 0:50 – Wages and the job-switcher slowdown 1:05 – What this means for housing 1:20 – The equity math you need to see https://www.youtube.com/embed/mewl6J7E1BA 171 2026-04-04T00:54:03.000Z yes https://www.homeloansbakersfield.com/videos/oil-up-40-rates-spiked-recession-odds-doubled https://i.ytimg.com/vi/FE71XAlLmk0/hqdefault.jpg Oil Up 40%. Rates Spiked. Recession Odds Doubled! Oil is up 40%, mortgage interest rates just spiked, and odds of a recession nearly doubled this month. In this week's market news, I break down what's actually happening with the iran war, oil prices, and what it all means for the economy. https://www.youtube.com/embed/FE71XAlLmk0 174 2026-03-27T18:32:53.000Z yes https://www.homeloansbakersfield.com/videos/wallers-comments-european-banks-just-crushed-the-bond-market https://i.ytimg.com/vi/-3jI-YTPoEs/hqdefault.jpg Waller's Comments & European Banks Just Crushed the Bond Market Stocks and bonds are selling off hard, central banks in Europe are threatening rate hikes, oil prices are surging because of the war in Iran, and even the Fed's biggest dove is changing his tune. In this week's market update, I break down what the Fed decision really means, why Governor Waller's comments spooked the bond market, what's happening with housing, and where rates could be headed from here. Bakersfield, CA — Lending Nationwide Phone: (661) 342-9381 Email: danardis@barrettfinancial.com https://www.youtube.com/embed/-3jI-YTPoEs 140 2026-03-20T20:58:26.000Z yes https://www.homeloansbakersfield.com/videos/oil-prices-are-crushing-mortgage-rates-right-now https://i.ytimg.com/vi/pnIZiqStnYM/hqdefault.jpg Oil Prices Are Crushing Mortgage Rates Right Now! Mortgage rates moved higher this week — but not because of the economy. Oil prices surged $20 in a week, and that's what's driving the bond market right now. Meanwhile, the February jobs report showed the economy lost 92,000 jobs, unemployment ticked up to 4.4%, and other labor data is pointing to a slowdown. So why aren't rates dropping? I break it all down in this week's update. Plus — good news for housing: home values are projected to rise 4.4% over the next year. https://www.youtube.com/embed/pnIZiqStnYM 145 2026-03-06T23:39:30.000Z yes https://www.homeloansbakersfield.com/videos/home-prices-didnt-crash-the-headlines-just-wanted-clicks https://i.ytimg.com/vi/6lpQXRi8OMg/hqdefault.jpg Home prices didn’t crash. The headlines just wanted clicks. Home prices aren’t crashing — and the data proves it. Mortgage Truth Bomb of the Week: Falling rates often bring higher prices. Waiting can be more expensive than acting. • What’s really happening with home prices • Why buyers are quietly coming back • What economists expect over the next 5 years • Why waiting for the “perfect” moment can backfire https://www.youtube.com/embed/6lpQXRi8OMg 119 2026-02-27T18:12:28.000Z yes https://www.homeloansbakersfield.com/videos/the-jobs-report-looks-strong-but-its-not https://i.ytimg.com/vi/TewgLl906lE/hqdefault.jpg The Jobs Report Looks Strong — But.... It's NOT. January's Jobs Report showed 130,000 jobs added — more than double expectations. But when you look at the actual data underneath the headline, the picture changes fast. Before seasonal adjustments, the economy lost 2.65 million jobs. Last year's totals were revised down by over 400,000. Layoffs hit the highest level since 2009. Meanwhile inflation is cooling to 2.4% and housing affordability is the best it's been since March 2022. I break down what all of this actually means if you're buying a home or thinking about it. https://www.youtube.com/embed/TewgLl906lE 175 2026-02-13T21:32:38.000Z yes https://www.homeloansbakersfield.com/videos/the-fed-is-watching-jobs-closely-so-should-homebuyers https://i.ytimg.com/vi/YKTOoJvBK6s/hqdefault.jpg The Fed Is Watching Jobs Closely — So Should Homebuyers! The job market is showing clear signs of cooling — and that matters for mortgage rates. Private hiring is slowing, layoffs are rising, and job openings are shrinking. At the same time, markets are waiting on the delayed January Jobs Report, which could move mortgage rates quickly depending on the results. We’re also watching changes at the Federal Reserve, with President Trump naming Kevin Warsh as his pick for Fed Chair — a move that could impact how long rates stay elevated. Despite all of this, housing demand remains strong, with home prices projected to rise over the next year due to low inventory and pent-up demand. 00:00 Mortgage Rates & Jobs Number 00:33 BLS Jobs Report Coming Next Week 00:51 Kevin Warsh for Fed Chair 01:11 Home Prices Still Going Up 01:25 Housing Market Is Shifting NOT Crashing https://www.youtube.com/embed/YKTOoJvBK6s 108 2026-02-06T18:09:29.000Z yes https://www.homeloansbakersfield.com/videos/mortgage-rates-could-move-before-the-fed-meeting-next-week https://i.ytimg.com/vi/PvymA4ynAzM/hqdefault.jpg Mortgage Rates Could Move BEFORE the Fed Meeting Next Week Mortgage rates don’t wait for the Federal Reserve to cut rates — they usually move before it happens. Inflation is improving, the job market is slowly cooling, and markets are already positioning for what’s coming next. That combination matters more than most headlines suggest. If you’re thinking about buying a home, refinancing, or just want to understand how these economic shifts affect mortgage rates, this video will give you the clarity you need. 00:00 Mortgage Rates & the Fed 00:30 Inflation Update Explained 01:15 What the Fed Meeting Really Means 02:00 Trump and the Fed Chair Speculation 02:45 Housing Market Update • The latest inflation data and why it matters for mortgage rates • What to expect from the Fed meeting happening next week • Why markets care more about Fed language than actual rate cuts • How a potential announcement of the next Fed Chair could move rates • What buyers, sellers, and Realtors should be watching right now https://www.youtube.com/embed/PvymA4ynAzM 133 2026-01-24T00:22:23.000Z yes https://www.homeloansbakersfield.com/videos/this-is-why-waiting-to-buy-could-cost-you-more-buyers-are-back https://i.ytimg.com/vi/XaXtESYXclk/hqdefault.jpg This Is Why Waiting to Buy Could Cost You More - Buyers are BACK! Mortgage rates are easing—and buyers are already coming back. Existing home sales just posted their fourth straight monthly increase, and new home contracts are near a three-year high. But inventory is still tight, and that could mean upward pressure on home prices again. In this weekly mortgage and housing market update, I break down what’s happening with rates, supply, inflation, and what it means if you’re thinking about buying, selling, or refinancing. If you’re waiting for the housing market to crash, this might surprise you—buyers are already coming back. Inflation is cooling. The job market is slowing. Mortgage rates aren’t moving the way most people expect. https://www.youtube.com/embed/XaXtESYXclk 142 2026-01-16T23:05:45.000Z yes https://www.homeloansbakersfield.com/videos/trump-is-calling-for-lower-rates https://i.ytimg.com/vi/oZ_FDlVivLk/hqdefault.jpg Trump is calling for lower rates! President Trump just made a major move that could impact mortgage rates—and most homebuyers have no idea what it means. In this video, I break down how Trump’s $200 billion directive to Fannie Mae and Freddie Mac connects to the slowing job market, the bond market, and what this all means for mortgage rates in 2026. And when you put all of that together, it creates opportunity—if you understand how this works. If you’re thinking about buying a home, refinancing, or you’re a Realtor trying to guide your clients, this is information you need. • Slower job growth • Cooling hiring trends • Fewer new homes being built • Government stepping into the mortgage bond market https://www.youtube.com/embed/oZ_FDlVivLk 180 2026-01-09T18:54:54.000Z yes https://www.homeloansbakersfield.com/videos/you-cant-refinance-the-price-you-missed https://i.ytimg.com/vi/uMBDht93r9k/hqdefault.jpg You can’t refinance the price you missed! Inflation is cooling. The job market is slowing. Mortgage rates aren’t moving the way most people expect. In this video, I break down what the latest economic data actually means for buyers and homeowners—and why waiting for the “perfect rate” often costs more than it saves. You can refinance an interest rate later. You can’t go back and buy a home at today’s price. https://www.youtube.com/embed/uMBDht93r9k 134 2025-12-20T00:26:44.000Z yes https://www.homeloansbakersfield.com/videos/klarna-and-affirm-purchases-can-kill-your-mortgage-approval https://i.ytimg.com/vi/_clfMFXdYBA/hqdefault.jpg Klarna and Affirm purchases can kill your mortgage approval Thinking about buying a home? Be careful with buy-now-pay-later services like Klarna, Affirm, Afterpay, Etc. Even though these payments often don’t appear on your credit report, mortgage underwriters review bank statements and must count recurring payments toward your debt-to-income ratio. This can reduce how much home you can afford—or even get your loan denied—if it’s discovered late in the process. Always disclose these payments to your loan officer early and avoid opening new ones before applying for a mortgage! If you’re thinking about buying a home or advising clients in today’s market, this is the strategy conversation that matters. If you're buying, selling, refinancing, or advising clients, this update will help you make clear decisions without the noise. Thinking about buying a home? Be careful with buy-now-pay-later services like Affirm or Klarna. Even though these payments often don’t appear on your credit report, mortgage underwriters review bank statements and must count recurring payments toward your debt-to-income ratio, which can lead to common first time home buyer mistakes. This can reduce buying power—or even cause a loan denial—if it’s discovered late in the mortgage process. Always disclose these payments early and avoid opening new ones before applying for a mortgage to protect your personal finance. https://www.youtube.com/embed/_clfMFXdYBA 67 2025-12-17T20:14:32.000Z yes https://www.homeloansbakersfield.com/videos/how-seller-concessions-work https://i.ytimg.com/vi/yy0fkGM0GQo/hqdefault.jpg How Seller Concessions Work Dan Ardis explains how seller concessions work in a home purchase and how buyers can use them to reduce closing costs. Seller concessions let the seller pay your closing costs at closing FHA caps at 6%, conventional varies by down payment, VA allows 4% On a $400k Bakersfield home, 2-3% concessions equals $8,000-$12,000 back at closing Useful in buyer's markets or with motivated sellers https://www.youtube.com/embed/yy0fkGM0GQo 60 2025-07-15T00:00:00.000Z yes https://www.homeloansbakersfield.com/videos/5-things-first-time-buyers-need-to-know https://i.ytimg.com/vi/dv0X8AJe9Xw/hqdefault.jpg 5 Things First-Time Buyers Need to Know Dan Ardis covers the five most important things every first-time home buyer needs to know before applying for a mortgage in Bakersfield. Pre-approval (not pre-qualification) before house shopping Credit score affects rate, not just approval No job changes before closing No new credit or debt between pre-approval and closing Work backward from a comfortable payment, not the qualification ceiling https://www.youtube.com/embed/dv0X8AJe9Xw 60 2025-05-01T00:00:00.000Z yes https://www.homeloansbakersfield.com/videos/message-to-first-time-home-buyers https://i.ytimg.com/vi/G2t1MmcVmM4/hqdefault.jpg A Message to First-Time Home Buyers from Dan Ardis Dan Ardis shares a personal message for first-time home buyers in Bakersfield about what to expect and how he helps them navigate the mortgage process. The mortgage process can be explained simply; Dan does that upfront First-time buyers in Bakersfield have access to CalHFA, USDA, FHA, and DPA programs Program matching based on your actual situation, not convenience Free first consultation, no obligation https://www.youtube.com/embed/G2t1MmcVmM4 60 2025-04-10T00:00:00.000Z yes https://www.homeloansbakersfield.com/videos/face-you-make-buyer-no-pre-approval https://i.ytimg.com/vi/1p7tGMZWT-g/hqdefault.jpg The Face You Make When a Buyer Says They Don't Need a Pre-Approval Dan Ardis reacts to home buyers who try to skip the pre-approval step. Pre-approval is Step 1 in the mortgage process. Sellers will not consider offers without a pre-approval letter Pre-approval prevents falling in love with a home you can't afford Dan's pre-approval takes 24-48 hours with a free soft credit pull option Pre-approval is free with no obligation https://www.youtube.com/embed/1p7tGMZWT-g 30 2025-03-15T00:00:00.000Z yes https://www.homeloansbakersfield.com/videos/fha-vs-conventional-which-loan-is-right https://i.ytimg.com/vi/P39--4SX7H0/hqdefault.jpg FHA vs Conventional: Which Loan Is Right for You? Dan Ardis compares FHA and conventional loans in 60 seconds. Which one saves you more money depends on your credit score and down payment. FHA wins for credit scores below 680 Conventional PMI cancels at 20% equity; FHA MIP lasts the life of the loan 3.5% down with FHA (580+ credit) vs 3% down with conventional (620+ credit) Run both scenarios at 680+ credit before deciding https://www.youtube.com/embed/P39--4SX7H0 60 2025-02-20T00:00:00.000Z yes