What's Your 1 More?

In this episode, we dissect a recent CNN article that claims zero down mortgages are a "shady financial tool" making a comeback from the 2008 housing bubble era. The media's obsession with negative housing news is leading to clickbait headlines and fear mongering. By breaking down the differences between today's regulated mortgage industry and the risky lending practices of the past, this episode debunks the myth that zero down mortgages are a sign of another impending crash. Watch this episode to learn why these mortgages are actually helping to stimulate homeownership and why the comparisons to 2008 are misguided at best.   [00:00 - 01:41] - Introduction [01:42 - 03:17] - Media Loves Negative News [03:18 - 05:25] - Author's Lack of Knowledge [05:26 - 07:57] - Low Income Housing Misconceptions [07:58 - 10:22] - Down Payment Assistance Explained [10:23 - 13:11] - Late Cycle Market Stimulation [13:12 - 16:25] - 2008 Comparisons Debunked [16:26 - 20:20] - Responsible Lending Practices   CNN Article: https://www.cnn.com/2024/06/03/business/zero-down-mortgage-nightcap?cid=external-feeds_iluminar_google   Key Quote: “The reality is this, it's not 2008. No reason to chase a ghost” - Quinton Harris _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!  Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In this episode, former SEC & NBA star and SEC Network analyst Patrick Young shares his remarkable journey of faith, resilience, and finding purpose after a devastating car accident left him paralyzed from the waist down. Just days before his wedding, Patrick's life was forever changed, but he refused to let fear and adversity define him. Through the unwavering support of his wife, family, and friends, and with an unshakable faith in God, Patrick embarked on a path of recovery and self-discovery, learning to embrace his new reality and find joy in the face of unimaginable challenges. His powerful message of hope, gratitude, and living life to the fullest will inspire you to overcome any obstacle and cherish every moment.    [00:00] - Introduction and Patrick's Story [04:32] - The Life-Changing Accident [11:11] - Faith, Gratitude, and Support [18:48] - Reflections on the Accident [23:29] - Returning to SEC Network [28:31] - Finding Hope and Purpose [32:40] - Living Life to the Fullest [34:43] - Connecting with Patrick Young Key Quote: “When the thing that you thought was so valuable about yourself is stripped away, what do you still think about yourself? - Patric Young" _______________________       Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!  Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

In this episode, Quinton Harris and Producer Charlie sit down with Nick Reiherzer, a former music director turned Instagram fitness influencer with over 200,000 followers. Nick shares his inspiring journey of overcoming chronic knee pain in his 30s and using that challenge as motivation to start documenting his fitness journey on Instagram. With zero initial investment and a commitment to consistently posting engaging content, Nick has turned his passion for fitness into a thriving full-time career, attracting sponsorships, online clients, and opportunities to inspire others. He offers valuable advice for anyone looking to grow their online presence, emphasizing the importance of consistency, learning from successful individuals in your niche, and having the humility to reach out for guidance.  [00:00 - 01:32] - Introduction  [01:33 - 05:43] - Nick's background & athletic career [05:44 - 13:17] - The start of Nick's Instagram journey  [13:18 - 18:06] - Nick's Instagram growth, consistency, and viral reels [18:07 - 25:34] - Nick's transition to full-time influencer [25:35 - 30:00] - Advice for growing an Instagram page [30:01 - 36:03] - 3 tips for growing a following [36:03 - 39:44] - Closing segment   Key Quote: “Just because you have 50,000 followers doesn't equate to it being a job or income in any way.” - Nick Reiherzer   Resource: Captions App: www.captions.ai Nick’s Instagram: instagram.com/over_the_hill_hooper   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are you trying to make sense of the rollercoaster ride that is today's mortgage rates? In this episode, Quinton and Daniel dive deep into the latest economic data, dissect comments from Atlanta Fed Chairman Raphael Bostic, and debate the burning question: Will the Fed cut rates in 2024? Along the way, they explore the intriguing relationship between the CPI, PCE, and mortgage rates, reveal why the Fed's return to the bond market is a bigger deal than most realize, and share their bold predictions on what it will take for rates to finally come down. If you're a homebuyer, real estate agent, or mortgage pro trying to navigate this challenging market, this is one episode you simply can't afford to miss.   [00:00 - 01:16] - Introduction [01:16 - 03:09] - How to get the best mortgage rate [03:09 - 07:13] - Uptick in unemployment & slower wage growth [07:13 - 10:06] - Fed's adamance on reaching 2% inflation target [10:06 - 13:12] - CPI vs PCE [13:12 - 15:03] - “Real” interest rates  [15:03 - 17:39] - Fed slows balance sheet reduction [17:39 - 20:03] - Rising interest payments on national debt [20:03 - 21:17] - Return of top buyers to the bond market [21:17 - 22:00] - Mortgage applications  [22:00 - 23:28] - What will it take for the Fed to cut rates? [23:28 - 24:49] - Closing thoughts  Resources: Secret to the BEST Interest Rate: https://bit.ly/wy1msecretMay Lending Update: https://bit.ly/4bMNDzx PCE vs CPI: https://bit.ly/3yywpHT Key Quote: "The labor market is the quickest path to rate cuts." - Daniel Halvorsen   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

In part one of May’s lending update, Quinton and Daniel Halverson dive into the latest financial headlines. With a staggering 11 trillion dollars in accessible home equity and consistent home price appreciation, they explore the opportunities for homeowners to leverage their equity and position themselves for future moves. As interest rates remain a hot topic, they share insights from their conversation with Raphael Bostic, head of the Atlanta Federal Reserve, and provide valuable resources for buyers looking to secure the best mortgage rates in the current market. If you work in the real estate industry or are looking to buy or sell your next home, this episode is a must watch.[00:00 - 02:32] - Introduction [02:33 - 05:39] - Technology in Real Estate [05:40 - 09:28] - Homeowner Equity Peaks and Tappable Equity [09:29 - 11:03] - Leveraging Home Equity  [11:04 - 14:28] - Home Price Resilience  [14:29 - 16:06] - Consecutive Home Price Growth and Loan Size Increases [16:07 - 18:24] - Impact of Inflation [18:25 - 21:40] - Best Practices for Buyers and Real Estate Agents   Resources: Secret to the BEST Interest Rate: https://bit.ly/wy1msecretMay Lending Update: https://bit.ly/4bMNDzx   Key Quote: “There's a storm brewing in a good way” - Daniel Halvorsen   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In this episode, we examine the latest inflation data, analyzing the Consumer Price Index (CPI) and Producer Price Index (PPI) reports. The discussion covers the factors driving core inflation, such as shelter costs and motor vehicle insurance, and explores the potential impact on mortgage rates and the broader economy. The episode also touches on the softening labor market, the Federal Reserve's balancing act, and the anticipated outcome of the upcoming FOMC meeting. With data-driven analysis, this episode offers a comprehensive look at the current economic landscape.[00:00 - 01:07] - Introduction and recent changes in rates [01:08 - 02:04] - Upcoming meeting with Atlanta Fed President [02:05 - 04:57] - Analyzing the CPI and PPI reports [04:58 - 09:04] - The role of shelter costs [09:05 - 10:13] - Revisions to the PPI  [10:14 - 12:24] - Signs of a softening labor market  [12:25 - 15:28] - Anticipating the FOMC meeting outcome    Resources: https://bit.ly/aprilCPI   Key Quote: "It doesn't take the Federal Reserve reducing rates for the mortgage rate market to get better” - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

A recent New York Times article claims that renting a house could save you $133,000 compared to buying. In this episode, Quinton debunks the article's flawed assumptions using real-world data, proving that homeownership remains the better long-term financial decision. He also explores the current economic landscape, including rising credit card debt, delinquency rates, and the "Buy Now, Pay Later" trend, while discussing the potential for the Federal Reserve to cut interest rates in response to mounting unemployment concerns and persistent inflation.    [00:00 - 01:31] - Introduction [01:32 - 03:49] - Credit card debt at highest levels [03:50 - 05:06] - 43% delinquency rate on Affirm [05:07 - 06:06] - Federal Reserve's concerns [06:07 - 07:00] - Consumer Confidence survey [07:01 - 08:00] - Media pushing renting over buying [08:01 - 11:54] - rent vs. buy calculator assumptions [11:55 - 12:59] - Adjusting assumptions proves homeownership is better long-term [13:00 - 14:38] - Closing segment Credit: MBS Highway    Resources:Episode 159: https://youtu.be/aG8ZItpRpW8 Key Quote: “We're seeing credit card debt at the highest it's been” - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are we heading towards a period of stagflation, and what could that mean for the U.S. economy? In this episode, Quinton simplifies stagflation, exploring its definition, causes, and potential consequences. He examines warning signs in the current economy, such as the savings rate, credit card debt, and recent earnings reports from companies like Starbucks and Keurig. He also discusses the Federal Reserve's interest rate policies and their role in combating inflation, as well as the potential for a refinancing wave among homeowners. Throughout the episode, Quinton presents both sides of the stagflation debate, offering insights and analysis to help listeners understand this complex economic phenomenon and its possible impact on their daily lives and our economy as a whole.   [00:00 - 01:14] - Introduction [01:15 - 02:29] - What if rates don't drop? [02:30 - 04:04] - Defining stagflation [04:05 - 05:29] - How the Fed's easing policy could feed inflation [05:30 - 06:59] - Low savings rate and high credit card debt in America [07:00 - 08:29] - Starbucks' declining sales and Keurig's surge [08:30 - 09:59] - Rising credit card delinquency rates and rejection rates [10:00 - 11:29] - The lag effect of interest rate hikes on the economy [11:30 - 12:44] - Inflation target and the stagflation camp's argument [12:45 - 14:59] - Signs of prices reducing in stores and fast food deals [15:00 - 16:44] - Closing Segment   Resource:https://bit.ly/WY1MResource   Key Quote: “The savings rate in America is very low right now” - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are you curious about what’s going on with the economy and mortgage rates? In this episode, Quinton breaks down the May 1st Federal Open Market Committee meeting, where the Fed chose to maintain a pause on interest rate hikes. Quinton discusses the implications of the Fed's shift towards less restrictive policies, including their plan to purchase treasuries and the potential for mortgage rate relief. He also explores the significance of key economic indicators,  such as the job market reports and inflation indexes, and how they may influence the Fed's future actions. If you’re in the real estate industry or looking to buy or sell your next home, you won’t want to miss this episode.   [00:00 - 01:03] - Introduction [01:04 - 01:51] - Fed Maintains Rate Pause [01:52 - 03:13] - Quantitative Tightening Explained [03:14 - 04:29] - Fed's Less Restrictive Stance [04:30 - 05:44] - Potential Interest Rate Relief [05:45 - 07:40] - Stagflation Concerns  [07:41 - 09:12] - Job Market Strength  [09:13 - 12:48] - Unemployment Rate  [12:49 - 14:15] - Anticipated Fed Rate Cuts [14:16 - 18:08] - Fed's Political Stance   Resources: Downloadable chart: https://bit.ly/wy1mchart   Key Quote: “Calm waters don't make good captains.” - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In part two of the April lending update, Quinton and Daniel discuss the latest developments in the real estate and mortgage industry. They explore the clarity provided by Fannie and Freddie regarding buyer broker commissions and seller concessions, and unpack the ongoing rate debate. They analyze economic data, job reports, and the Federal Reserve's stance on inflation, providing valuable insights for investors and industry professionals alike. If you’re in the real estate industry or looking to buy or sell your next home, you won’t want to miss this episode.   [00:00 - 03:38] - Introduction [03:39 - 07:12] - Inflation, Rates & Economic Data   [07:13 - 09:23] - Fed's Stance on Inflation [09:24 - 13:19] - CPI vs PCE Debate [13:20 - 16:14] - Jobs Report & Labor Market [16:15 - 18:28] - Full-Time vs Part-Time Jobs [18:29 - 20:26] - Unemployment Claims  [20:27 - 21:56] - Delays in Unemployment Numbers [21:57 - 24:44] - Bond Market & Mortgage Rates [24:45 - 26:01] - 10-Year Treasury Yield & Investors [26:02 - 26:54] - Closing segment   Resources: April Lending Update: https://bit.ly/wy1mlendingupdate Mortgage Cheat Sheet: https://bit.ly/WY1Mcheatsheet   Key Quote: “It doesn't take a fed cut for mortgage rates to come down.” - Quinton Harris _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

In this episode, you'll discover that despite a 30% year-over-year increase in inventory nationwide, the market is still recovering from the extremely low levels seen in 2022. We also explore the Fannie Mae Home Purchase Sentiment Index, which shows that while consumer views are slowly improving, high interest rates remain a significant barrier to entry for many potential buyers. Watch this episode to stay informed about these crucial developments in the housing market and to gain helpful tools for navigating the current real estate landscape.   [00:00 - 01:12] - Intro  [01:13 - 02:50] - Inventory up 30% year-over-year nationwide [02:51 - 04:36] - Foreclosures up but still low [04:37 - 06:42] - Condo inventory surging in Florida [06:43 - 09:38] - Fannie Mae Home Purchase Sentiment Index [09:39 - 12:02] - Mortgage cheat sheet resource  [12:03 - 15:15] - Hometown Heroes program  [15:16 - 16:47] - Howtogetthebestrate.com  [16:48 - 17:17] - Closing Segment   Resources: April Lending Update: https://bit.ly/wy1mlendingupdate Mortgage Cheat Sheet: https://bit.ly/WY1Mcheatsheet     Key Quote: “Listings nationwide are up 30 percent from a year ago, year over year.” - Daniel Halvorsen   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

In this episode, Quinton breaks down the Jacksonville housing market, busting the myth of a housing bubble. With a data-driven approach, Quinton analyzes the current demand, supply, and population trends that are shaping the market in 2024. He explores the impact of millennial homebuyers, the city's #1 rank in net migration, and the limited housing supply that's driving prices up. Quinton also compares Jacksonville's affordability to neighboring cities like Tampa and Orlando, and discusses how job growth and cash buyers are fueling the market. Finally, he touches on the emergence of built-to-rent communities as a potential solution to the housing shortage. If you're curious about the state of Jacksonville real estate and want to make informed decisions, this episode is a must-watch!   [00:00 - 01:50] - Introduction  [01:51 - 03:00] - Frustrated Buyers and Housing Bubble Myth [03:01 - 04:19] - 2008 vs. Now [04:20 - 06:16] - Measuring Demand [06:17 - 07:46] - Sold Listings and Cash Buyers [07:47 - 10:36] - Prices and Inventory [10:37 - 13:11] - Single Family Home Price Trends [13:12 - 15:02] - Seasonality and Competition [15:03 - 16:52] - 90’s Babies: Millennial Home Buying Impact [16:53 - 18:32] - Jacksonville Population Growth Estimates [18:33 - 20:03] - #1 Net Migration City [20:04 - 22:04] - Job Growth and Wage Increases [22:05 - 23:21] - Affordability: Jacksonville vs. Neighbors [23:22 - 24:51] - Built-to-Rent (BTR) Communities [24:52 - 26:44] - Closing Segment Resources: Mid Year Outlook: bit.ly/WY1Mjacksonville   Key Quote:   “We are not by any means in a housing bubble, no matter what the YouTubers want you to hear, it's not the case.” - Quinton Harris    _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are you worried about a housing bubble bursting? Don't be! In this episode, Quinton dives deep into the current state of the real estate market and explains why the housing market is NOT in a bubble, despite what many fear-mongering YouTubers and social media influencers want you to believe. Quinton breaks down the facts and data that prove the housing market is fundamentally sound, including the supply and demand dynamics that are driving the market, the current state of interest rates, and the Federal Reserve's monetary policy. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, this episode is a must-listen. You'll come away with a deeper understanding of the housing market, a clearer sense of where things are headed, and the confidence to make informed decisions about your own real estate journey.    [00:00 - 01:02] - Introduction [01:03 - 02:35] - Where Are We Now? [02:36 - 03:31] - Jacksonville MSA Explained [03:32 - 05:35] - Industry Life Cycles [05:36 - 08:47] - Fed's Influence on Economy [08:48 - 11:40] - Housing Market Performance Comparison [11:41 - 13:11] - Rate Projections and Forecasts [13:12 - 16:12] - The Lock-In Effect [16:13 - 19:28] - 10-Year Treasury and Spreads [19:29 - 22:15] - Money Market Funds [22:16 - 24:43] - Election Year Pullback [24:44 - 27:49] - Interest Rate Forecast [27:50 - 31:35] - Closing Segment   Key Quote: “Facts over fear. If you're going to be purchasing a home and you're going to be making a major decision, arm yourself with the facts” - Quinton Harris  _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Have you ever wondered what it takes to achieve the impossible? In this episode, Quinton sits down with Janine Stange, the remarkable woman who made history by singing the National Anthem in all 50 states to honor our nation's heroes. Janine shares her incredible journey of perseverance, from the personal tragedy that inspired her mission to the unexpected adventures and life-changing lessons she encountered along the way. Discover how to maintain momentum in the face of disruption, step out of your comfort zone, and navigate change with confidence as Janine reveals her five powerful keys to igniting your own success.   [00:00 - 01:02] - Introduction [01:03 - 03:00] - Choosing the National Anthem [03:01 - 05:21] - Janine’s inspiration [05:22 - 07:18] - Early challenges [07:19 - 09:51] - Unexpected singing locations [09:52 - 13:03] - Overcoming fears and doubts [13:04 - 15:27] - Impacting audiences [15:28 - 19:43] - Maintaining momentum [19:44 - 22:56] - DROPP: 5 keys to balance [22:57 - 24:23] - Stuck vs. still [24:24 - 27:29] - Positive mindset during disruption [27:30 - 20:56] - Navigating change confidently [29:57 - 32:17] - Mentors and influences [32:18 - 42:02] - Stepping out of comfort zone [42:03 - 45:44] - Conclusion   Connect with Janine: www.janinestange.com   Key Quote:“There's a difference between being stuck and being still” - Janine Stange _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In this episode, Quinton Harris & Troy Silhan dive deep into the shocking Hunterbrook case files exposing the dark side of the independent mortgage broker industry, uncovering the bitter feud between giants Rocket Mortgage and United Wholesale that's costing unsuspecting homebuyers hundreds of millions in overcharges. We discuss the tactics used by UWM to squeeze out competitors and dominate the market, including an infamous ultimatum forcing brokers to send nearly all their business to UWM or face being blacklisted, despite these so-called "independent" brokers claiming to shop for the best deals.   [00:00 - 01:29] - Intro: Hunterbrook Files [01:30 - 03:55] - Mortgage Industry Basics [03:56 - 07:08] - Rocket vs UWM Feud [07:09 - 10:23] - UWM's Shocking Ultimatum [10:24 - 14:23] - Are "Independent" Brokers Actually Independent [14:24 - 19:06] - Costs & Overcharges [19:07 - 22:59] - UWM's Questionable Rise [23:00 - 27:39] - Lawsuits & Broken Promises [27:40 - 32:25] - UWM's Rebuttal [32:26 - 34:23] - Super Bowl Ad [34:24 - 36:40] - Ishbia's Culture [36:41 - 37:59] - Risks for Homebuyers [38:00 - 40:33] - Closing Segment   Resources: Matt Ishbia’s Voicemail: https://www.youtube.com/shorts/ilHenxmrm20Hunterbrook Investigation: https://hntrbrk.com/uwm/ HMDA Act: https://www.consumerfinance.gov/data-research/hmda/   Key Quote: “If you're going to work with United Wholesale Mortgage, you cannot work without it. ” - Quinton Harris _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

Will mortgage interest rates drop despite the recent CPI shock? In this episode, Quinton Harris pulls the curtain back on the 0.1 CPI reading that rattled the market and explains why there's still hope for lower mortgage rates. He discusses the flawed system of shelter cost in the CPI, the Federal Reserve's focus on the PCE rather than the CPI, and the encouraging signs of evaporating spreads between the 10-year treasury and 30-year fixed-rate mortgages. Despite the initial overreaction, Quinton remains optimistic that rates in the 6% range will return sooner than expected, even without a Fed rate cut.   [00:00 - 01:04] - CPI shock and market reaction [01:05 - 02:07] - Shelter cost and rent in CPI [02:08 - 04:07] - CPI, PPI, and PCE differences [04:08 - 05:55] - PPI impact on PCE [05:56 - 07:01] - CPI, PCE gap and impact [07:02 - 09:20] - 10-year, 30-year spread hope [09:21 - 12:33] - Lower rates without Fed cut   Key Quote:“The CPI basically took a rate cut option off the table” - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

Are you ready to take your leadership skills to the next level and unlock your team's full potential? In this episode, bestselling author and renowned leadership expert Jon Gordon shares his invaluable insights on how to overcome negativity and lead with positivity. Drawing from his extensive experience working with elite sports teams and top organizations, Jon reveals the transformative impact of positive leadership on individual and team success. Discover the key to building unbreakable relationships, the truth about social media's impact on mental health, and the power of focusing on "one more" person to leave a lasting legacy. For the full interview, check out episode #42   [00:00 - 03:05] - Introduction [03:06 - 04:50] - Jon's work with sports teams [04:51 - 06:46] - The importance of servant leadership [06:47 - 09:23] - The high and low states of mind [09:24 - 11:19] - The power of trust in relationships [11:20 - 13:43] - The TUNE framework for positive leadership [13:44 - 16:18] - The impact of negative thoughts [16:19 - 18:27] - Radiating positivity and attracting others [18:28 - 22:54] - The ego and the feeling of separateness [22:55 - 25:14] - The real issue behind social media [25:15 - 27:47] - Comparing yourself to others  [27:48 - 32:20] - The importance of impacting "one more" person [32:21 - 33:34] - Conclusion   Key Quote:"Trust is the foundation upon which winning relationships are built." - Jon Gordon _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!  

Are the stars aligning for a Federal Reserve interest rate cut in May? In part two of this compelling lending update, Quinton Harris and Daniel Halvorsen uncover five crucial signs that point to a potential shift in the Fed's stance. Join them as they dissect the latest inflation data, including the CPI, PCE, and PPI, and explore how these numbers could influence the Fed's next move. With unemployment rates creeping up, could the Fed be forced to act sooner than later? Quinton and Daniel also break down the potential ripple effects of a rate cut on mortgage rates, HELOCs, and credit cards, giving buyers, sellers, and homeowners a glimpse into the future of the housing market. Don't miss this episode to help you navigate the ever-changing economic landscape.    [00:00 - 01:14] - Introduction  [01:15 - 03:15] - Inflation Data Impact [03:16 - 04:22] - Producer Price Index [04:23 - 06:27] - PCE Reading Analysis [06:28 - 08:54] - Job Market Data [08:55 - 10:11] - Path to Soft Landing [10:12 - 11:45] - Fed's Dual Mandate [11:46 - 13:54] - Recession Concerns [13:55 - 15:45] - Rate Cut Timing [15:46 - 17:32] - Mortgage Rate Impact [17:33 - 18:59] - Buyer and Seller Implications [19:00 - 20:12] - 10-Year Treasury Yield [20:13 - 21:36] - Variable Rate HELOCs [21:37 - 22:12] - Closing   Lending Update:https://bit.ly/Lendingupdate2024   Key Quote:"Powell signaled some significant signs that tell me the rate cut's coming" - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Thinking about buying a home in 2024? In part one of this two part lending update, Quinton and Daniel dive into the latest trends in home prices, affordability, and mortgage rates. Despite widespread predictions of a housing crash, appreciation rates continued to climb in 2023. Will this trend continue? CoreLogic's forecasts and the potential impact of the upcoming election year on the market are focal points of this episode. They also highlight a new down payment assistance program in Jacksonville and explore the challenges faced by Gen Z and Millennial buyers. Watch this episode for insights and analysis to help you navigate the ever-changing housing market.   [00:00 - 02:43] - Introduction [02:44 - 03:42] - Property tax issues in Texas [03:43 - 05:50] - CoreLogic's forecasting [05:51 - 07:28] - Underestimating appreciation [07:29 - 09:15] - Election year impact on home sales [09:16 - 13:34] - New down payment assistance program [13:35 - 14:50] - Affordability issues  [14:51 - 17:14] - Paying points? [17:15 - 19:47] - Borrower psychology around rates [19:48 - 22:20] - FHA loans vs conventional loans [22:21 - 24:27] - Closing segment   Lending Update:https://bit.ly/Lendingupdate2024   Key Quote: "Supply, demand. There's not enough supply. That's not getting better." - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are parents jeopardizing their future to keep their adult children afloat? In this eye-opening episode, Quinton uncovers the startling results of a three-year study conducted by Savings.com. The survey, which included 1,000 parents with a median age of 57 and a median household income of $50,000 to $75,000, reveals the staggering financial sacrifices parents are making to support their adult children. As the study sheds light on the multigenerational economic challenges faced by families in today's economy, Quinton dives into the long-term implications of these decisions and what it means for the future of retirement in America.   [00:00 - 01:19] - Introduction and overview of the Savings.com survey [01:20 - 03:27] - Breakdown of financial support provided by parents to adult children [03:28 - 05:42] - Impact on parents' retirement savings and the economy [05:43 - 08:25] - Areas where parents are providing financial assistance [08:26 - 10:30] - Layoffs and their effect on parental support [10:31 - 12:09] - Parents sacrificing their own financial security [12:10 - 15:50] - Takeaways from the survey Savings.com Article: https://bit.ly/parentsupportsurvey   Key Quote:"There's no limit to what we won't do for our kids, right?" - Quinton Harris   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!