August 13, 2025 • 38 mins
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Buy from higher Top Monroe Center in downtown Grand Rapids.
We're talking about what matters most to you when West
Michigan joined the conversation. Now at six one six seven
seven four, twenty four twenty four. At six one six
seven seven four twenty four twenty four, it's West Michigan
Live with Justin Barklay on Wood Radio Radio.
Speaker 2 (00:21):
Oh, welcome in Big Day to day. We've got our
good friend joining us in Galloway from Hartlin Homeworkers. They're
talking about the CPI court, big news the other day
and what what exactly that means for interest rates and uh,
in fact you may be able to get a jump
(00:42):
on it. There's there's some news that Dave had they'll
be sharing with us coming up this morning. You're gonna
want to hear about big news out of the Climate
Action meeting yesterday's Grand Rapids. Well, they'll share that. I
can't believe a little late to a party on this one,
fellas news, weather and traffic.
Speaker 1 (01:01):
I'm a big stories of the day. We are talking
about what matters most in West Michigan and beyond. This
is the Big three. Now see speak.
Speaker 2 (01:12):
Three one popular well infamous politician maybe seeing jail time
as well, and in big numbers, speaking of which coming
out yesterday, and we'll have the latest in these stories
and more courtesy of our good friends at Hartland Home Mortgage.
Kay have got away the team money you want to
buy refi home equity line of credit. As I mentioned,
(01:34):
they're the folks who want to reach out to They've
helped us each time. We've saved thousands working with Dave
and the crew. They're faster, they're better than the big banks,
and I think you're just gonna love them. Number one
six sexs to day of a team for powering Today.
(01:54):
S and P and the Nasdaq both set new record highs. Yesterday,
Trump was right again. Wall Street popped after cooler inflation.
The S and P five hundred and NASDAK both closed
at record highs. The CPI easing and the traders priced
in a septemper fed rate cut as well. AI big
(02:15):
tech led the charge. Volatility sank to year lows. The
markets even realize it, so we talked about that and
what it means coming up. Listen to President Trump yearing
out for his Friday meeting with Vladimir Putin in Alaska.
(02:36):
But DC not just reeling from the moves he's made
with law enforcement on the grounds there it looks like
it's shifting because Shifty Adam Shift, the Senator there could
land behind bars. The latest story Adam Shift, a Democrat
whistleblower now claiming that the Senator approved leaking classified intel
(03:01):
during the twenty seventeen Russia Gave Fight allegations the FBI
has been briefed on, while the DOJ separately opened criminal
probes into Shift and New York Attorney General Letitia James
that they could both be maybe they could be bunk
matescoding an alleged mortgage fraud case involved there. Shift calls
(03:22):
it a political hit job, but prosecutors verify unauthorized disclosures
are fraud. The senator could face real charges, folks. Is
this is no joke, And look, I don't care what
Democrats have to say about this. These are games that
were being played behind the scenes for years and they
(03:43):
never see they had these unwritten rules. They never went
after each other. Well, that all changed as soon as
they rated mar a Lago. So we are square now
in the find out era and Shifty Schiff is about
to get a do it sounds like that medicine he
(04:05):
may not want. Thank god. President Trump's historic takeover at
DC is being praised, in fact by folks there in
d C and even some liberals, which is interesting to watch.
Left is there in the neighborhoods in d C even
saying themselves, sort of quietly behind the scenes, we are glad,
(04:30):
we're glad to see this happening. In fact, I think, oh,
we got great video of the National Guard rolling into it.
Probably should play some of that. Here's some of the
video the National Guard rolling in DC's a man on
(04:50):
the street saluting. But what I thought was the most
interesting out of all the footage that we've got is maybe,
maybe maybe what came out of Joe Scarborough's mouth the
other day Morning Joe. Yeah, oh yeah, yeah, you're gonna
(05:13):
like this. Joe Scarborough even admitting, you know, and he's
not the only one, by the way, on MS DNC.
You know, my friends are telling me that crime is
out of control, and I've got folks tell me that
they're actually for all this. Take a listen to this clip.
(05:36):
I think this was yesterday's Morning Joe.
Speaker 3 (05:40):
From Hey, someone who I won't say their name, but.
Speaker 4 (05:47):
There we'll just say that they're very liberal, And he
says this may sound controversial, but I'm not totally opposed
to Trump's National Guard move in DC.
Speaker 3 (05:58):
I know he's doing it for Paula. But crime remains rampant.
I've had too many friends carjacked, shot at. None of
us will walk more than three blocks after eight pm.
Thirteen year olds are committing many of these crimes. Quite
a change from a decade ago when things were much calmer. Well,
that actually sounds like the DC that I lived in,
when I lived a block behind the Supreme Court, and
(06:21):
you know, every three days some one of my neighbors
was getting held up at gunpoint. I mean, there has
been a crime problem.
Speaker 2 (06:28):
In deep Well wait a minute. The media types know
the truth because they've lived there, they've had to walk
through it, they've had to deal with it. They know,
they understand. And by the way, Trump's right about this too.
Speaker 5 (06:43):
Date.
Speaker 2 (06:43):
Now, there's some weirdos out there. They're out there now.
Apparently they've been out there singing and chanting, and there's
this whole thing now where you got to go out
and apparently got to go out and bang pots and pans.
You got to go out and bang pots and pans
and uh and tell everybody your neighbors why you are
(07:06):
out there? And I've said, did you see the chief
of police? Did you see the chief of the police
in the in in DC yesterday? Apparently she doesn't know
what the what chain does phrase chain of command means?
This might be one of the most embarrassing videos you'll
you'll ever see. She's says by a reporter, what's the changing?
(07:28):
In other words, how does this work?
Speaker 6 (07:29):
Now?
Speaker 2 (07:29):
President's taken over?
Speaker 6 (07:31):
What the shain of command is?
Speaker 1 (07:32):
Now?
Speaker 6 (07:33):
What does that mean? What is it Pam bondi speakers
of the mayor of you? Or how does this work?
Speaker 2 (07:37):
So at the executive order is and now the mayor
house to step up and speak for the chief of police? Now, uh,
you might question the political nature of the hires uh
in in this particular police department, that maybe this is
part of the problem with the crime. This is someone
you say, you might I might call a DEI higher.
(08:01):
You don't know the phrase chain of command?
Speaker 6 (08:04):
What the shane of command is?
Speaker 2 (08:05):
Now?
Speaker 6 (08:06):
What does that mean?
Speaker 1 (08:07):
Well?
Speaker 6 (08:07):
Is it Pam Bondie's speakers of the American compan you
or how does this work?
Speaker 2 (08:10):
I look, I don't know her. So I can't say,
I can't. I'm not going to speculate, but this isn't embarrassing.
I know everybody kind of gets tripped up sometimes in
front of television cameras and you know the microphone light
switches on. You know that's but this is the chief
of police in Washington, d C. This shouldn't be an issue.
Speaker 7 (08:31):
So at the executive order is clear. The President has
requested MPD services, and our Home Rule Charter outlines the process.
The President designated Attorney General Bondi as his proxy to
to request services through me.
Speaker 6 (08:51):
Is what the shae of command is now? Yeah, I mean,
well is it Pam Bondis Speakers of the American or
how does this work?
Speaker 7 (08:58):
So at the executive order is clear, the President has just.
Speaker 2 (09:03):
A look on her face as it happens. I'm sorry,
I know, I know you can't see that on the radio.
The folks watching the behind the scenes live stream are
getting a full, up close and personal view of all this,
and Facebook X rumble Getter locals YouTube even where they've
they've brought us back. But it look, it is it's
(09:25):
a very it's a very questionable, particularly in this situation.
You wonder why did Is this why we've been having
all these problems to begin with? Is this the reason
for and all in Washington, d C Finally getting rid
of the politics and getting down back into law enforcement.
These people need to be able to do their jobs
(09:46):
and they're going to be assisted at least for the
next thirty days or so. MS d n C thirteen.
Joe Scarborough wasn't the only one Anthony Cole talking about.
Speaker 8 (09:57):
This sive in Washington. This is personal for many people
are frustrated with crime that we see, particularly committed by
juveniles in the in the city of Washington. People are frustrated,
Willie that they when they go to CBS to buy deodorant,
that they have to get it from behind locked plexiglass.
Speaker 2 (10:20):
Have you seen some of the shelves in the stores
in DC. Some of them are completely empty because they've
been they've been wiped out by some of these gangs
and these kids.
Speaker 5 (10:30):
Right.
Speaker 8 (10:32):
But the response here, and you know, let me say this, right,
this is not These are not just random anadotes. What
we see in Washington Post polling, among others, is that
roughly half of DC residents, mostly half of DC re
view this as a serious problem or an extremely serious problem.
Speaker 2 (10:50):
Talking about the crime, not Trump's takeo the crime. Can
you imagine?
Speaker 9 (10:55):
Yeah, And then the Democrats have been out there trying
to defend this, trying to defend violent crime, trying to
defend murders, trying to defend rampant gangs and kids out
running the streets.
Speaker 2 (11:07):
That's what they've been trying to defend this whole time,
Defending the indefensible. That's that's their position for the last
ten years. More now, by the way, that's why you've
seen all of the shift hitting the fan in happening
so to speak. Speaking of which shift is shift more
(11:30):
of Adam shift, and he's, like I said, not the
only one. Other ones could be behind bars. Before it's
all said and done with, back here at home in
our own backyard, we're going to dig into what is
this green new scheme the Grand Rapids has gone all
in on. Well, it's not new, it's nothing new. In fact,
(11:50):
they're really to the part of that. The radicals running
the city now are all in for this. Will tell
you what it could mean coming out in just moment.
Don't go anywhere. We appreciate you being here with us.
Stand by if you're able, please stand with us, honor
this nation with our national anthem.
Speaker 1 (13:21):
Focused on what matters to you. It's West Michigan Live
with Justin Barklay on News Radio thirteen hundred and one
oh six nine af AM and on demand anytime on
the iHeartRadio app.
Speaker 10 (13:34):
Here are your headlines from the Midwesterner this Wednesday, August thirteenth.
I'm Robin Hoffman. It's a Midwesterner. Dot News original story.
Michigan House Speaker Republican Matt Hall signals property tax reform
could be the next big debate in Lansing. In other news,
a judge orders Governor Whitmer to respond to a lawsuit
over her refusal to call a special election for a
(13:57):
vacant state senate. See President Trump's schedule to meet with
Russian President Putin in Alaska on Friday. Here's Press Secretary
Caroline love It.
Speaker 11 (14:05):
After Special Envoy Witkoff returned from his meeting with President
Putin in Russia, his first phone call was to President Trump,
and President Trump's first phone call was to President Zelensky.
Into our friends in Europe to keep everybody in the
loop about where the United States can see moving the
ball forward to end this conflict, and so we continue
to be very much engaged with President Zelensky and the Ukrainians,
(14:28):
but also our allies in Europe as well.
Speaker 10 (14:30):
For these stories and more, visit The Midwesterner at the
Midwesterner dot News.
Speaker 2 (14:35):
Back at it in in our own backyard, Grand Rapids
going all in on the green news scheme is what
we'll call it, the green news scheme. Well it really
it's not little at all.
Speaker 12 (14:51):
Oh damn you.
Speaker 2 (14:52):
But here's a piece in the In fact, this is
what I think was Mark. They called in the I
don't know if I remember his name, I'll look it up.
Calling the other day the heads up on this. Hey
you know, Grand Rappers is getting ready to meet on
this climate change deal. So the Enjoyer it was Mark. Yeah,
that's what I say. The Enjoyer wrote this piece and
(15:14):
it's out. In fact, I shared it over on Facebook
and I'll put it up in my stack. Tody eight.
All the stories that we talk about each and every day,
I share justin Barclay dot com. We put on the stack.
Camden says, Michigan's second largest city is setting forth on
a climate change crusade, publishing its very own climate action
(15:34):
and adaptation plan to ensure the average Michigan family pays
for it.
Speaker 13 (15:41):
Excuse me, blah blah blah.
Speaker 2 (15:43):
Is if things weren't bad enough in the city already,
now you want me to pay for the weather and
the weather isn't even great half the year, I mean
more than half the year. I want to go up
the sunshine or anything else. I guess that's my suv full.
Don't even forget about the Canadian wildfires. We have in
(16:05):
a smog from which it's still even hanging over today
that Hayes is in the air, Camden writes to West
Michigan City is implementing a radical climate change plan in
completely ignoring the consequences. Oh boy, oh boy. So what's
inside of the You know they voted on this or
they're supposed to talk about it yesterday. That's what Mark
called about to give us the full o man, the
(16:29):
full details of it all, well, at least the heads
up that it was happening. Camden has written about it
in the Enjoy if you want to take a look,
Grand Rampants just it's one hundred and six pages. By
the way, this climate action adaptation plan. I think they
sort of put an r in there. Instead of cap
(16:52):
it should be crap, aiming for net zero by twenty fifty,
with targets like cutting vehicle and making twenty two point
five percent of miles electric by twenty thirty. Again the
crap plan from Grand Rapids. Pardon my French folks, but
there really is no other way. There's just no other
(17:13):
way to describe this. And here they are getting well,
they're really late to the scene, aren't theys? Oh damn
you supporters called a roadmap. Critics weren't of higher cost
and wasteful spending. Well, what do you think? Lots of
public comments on this opposed to parts of the plane
of City Commission approved it yesterday, joining over sixteen Michigan
(17:36):
communities pursuing their own crap plans. So what's inside of it?
We'll dig through it over the next few days, but
you need to know. And again, this is this is.
This has nothing to do with helping the city grow
or making things better or more affordable. We just gonna
spent I heard of a new state well almost like
two hundred thousand dollars on flying drones over for a
(17:57):
parking plan. Speaking of more crap, all right, we had
to touch it. We'll come back and dig a little
bit further deep, deeper into it over the next few days.
I'll give you a chance to comment on it as well.
Faster Searing Radio flying by talking about the Fed, the
interest rates, CPI yesterday, the results and more on the way.
(18:21):
Plus our good friend Dave got Away from Heartlett Home
Mortgage tells you that the rates already might be moving.
You may want to hear what he's got to say.
Coming up a preview in just moments after the bottom
of the hour news on West Misteran Live What Radio.
It was right, well, at least that's what it seems
like yesterday're watching the markets semp and the Nasdaq both
(18:41):
setting new record highs, and CPI part of that, and
I think the trader's thinking about that September rate cut
from the Fed, which looks like it's getting closer every
moment now, especially with these numbers coming out. Dave gat
Away from Heartlott Home Mortgage is here to talk at
that rate cuts, specifically the CPI numbers, what it means
(19:06):
and actually there's some big surprises some things previews of
those ray cuts you may want to know about, at
least from what I've heard Dave. Welcome and appreciate you
being here with us today.
Speaker 5 (19:16):
Thanks for having me, my friend.
Speaker 2 (19:18):
So this is big news, and you know, I know
you may not want to get necessarily into the weeds
of the politics of it, but at the media and
the talking hads and the experts it doubted it, doubted it,
doubted it. Here we go. We're in another scenario, another
situation where the experts were wrong again. Trumpet looks like
the big news the headline of the CPI to me
more than anything, not just the numbers, because that was great,
(19:41):
but it shows really that the terroriffs aren't really impacting,
at least for now. The way that so many were
screaming chicken a little like the sky was going to
be falling. And that also shows us again where they
were already talking about a September rate cut from the FED,
that it looks like even more so that that's going
to be a fact.
Speaker 6 (20:01):
Now.
Speaker 2 (20:02):
Is that what your tickets?
Speaker 14 (20:04):
Yeah, we've been speaking for a while now how Powell's
been slow to the game and how we feel that
there's probably a heavily influenced of you know, politics and
maybe a back and forth personal you know things going
into play, not just so much looking at data and
letting that drive the decision. So yeah, very much. We're
excited to see where these numbers continue to go. And
(20:27):
you know what we're seeing even from some of our investors,
they're already pricing in special you know, to be ahead
of the FED rate drop as they've dropped rates pretty
significantly for rate and term refinances and purchases. So we're
already seeing that pop into play some some cheaper money.
Speaker 5 (20:45):
So definitely good.
Speaker 2 (20:46):
Things true late pal, he took the truth yesterday social
and Trump talking about him and again like that as
you as you just mentioned that that's sort of mantra
now that they cash. This guy's just too late to
the party always and it's time to move. So that
being said, rate cut already that we're already talking about
(21:09):
this for a while. Now that September, what do you
think is going to happen? What are they forecasting? What
are we looking at for September?
Speaker 5 (21:16):
I think the most recent I don't have a number
for September.
Speaker 14 (21:19):
If I had a guess, I would guess if he's
if he's playing his cards right, he would do at
least a half point drop in September, and they're still
projecting more and more. People are projecting three more drops
after that. And even Jamie Diamond, you know, the head
of Chase, has finally come on board and said, yeah,
the the you know, the tariffs are a good thing
and they're not.
Speaker 5 (21:38):
Having a negative effect on inflation.
Speaker 14 (21:40):
So when you get that that you know, big of
a head in there supporting it, I think that's gonna,
you know, really have some influence.
Speaker 2 (21:48):
So what's that mean for us? You know, we're watching
all this play out, you me, and the average shows
like we saw in the CPI, you know, costs a
certain things had gone up and the cost of other
things had gone down, and so it really largely kept
everything pretty close to flat month over month, up a
(22:08):
little bit over the last year, but for the most part,
those those were all sort of lower than they expected
them to be, and they expected them to be pretty
well all higher and because of the tariffs. So when
we're talking about you know, gases, it looks like that
was a big part of this, so that gas and
(22:29):
oil prices had come down and that was helping folks energy.
I know, that's not my consumer's energy bill, because that
thing is shot through the roof this summer. But it's
what you're talking about really is easing the pain for
people that they're going through right now on a monthly basis,
(22:51):
And how can that, you know, how can those maybe
those cuts and and and whatnot help actually in that process?
Speaker 14 (22:58):
Yeah, I mean, depending on the law size, even a
one percent rate drop can save you a significant amount
of money per month and usually makes sense if your
loan amounts over you know, to twenty five two hundred
and fifty thousand, which most of them nowadays are. We're
seeing the values continued increase. So from July of twenty
fourth through July of twenty five, I think Kent County
had a four point five percent increase in home prices.
(23:21):
So we're seeing the home prices still moving in the
right direction. I would say if you're looking at buying,
having that low rate right now, it puts you in
a really good situation as we end the second half
of the year. The competition on maybe the second tier homes,
not you know, starter homes. Starter homes are under heavy
competition because they're just s earned.
Speaker 5 (23:39):
Enough of them.
Speaker 14 (23:40):
But if you're looking at that second tier home, a
lot of people are looking to get families and houses
in school districts by the middle of the summer. So
I think as we head to the second half of
the year, with lower interest rates and probably how a
market slowing a little bit, it puts you in a
really good situation to buy if you're looking for that
second you know, that second tierhouse, you're looking to move
up in.
Speaker 2 (24:00):
Them bigger So you know, I, I where where does
that put us? Because you know, one of the things
that I know that has kept people from from moving
for a while has been they've had some great rates.
You know, I'm locked in at a really low rate.
Who knows what it takes to get me to move
at some point. But there's some people that didn't, didn't
(24:21):
get locked in. They may be not only thinking about moving,
as you mentioned, but maybe refinancing. What does it put them?
Speaker 14 (24:28):
Yeah, I mean a lot of people closed on buying
a home in the last three years and rates were
in the high sixes and sevens and maybe even eight
So now is a really good time to take a
look at at your options as far as saving you
money per month, And like you said a million times
on the show, if the benefit isn't there, we're going
to tell you that, but we also project the rates
to maybe trend down going forward. So if it isn't
(24:50):
quite there, that makes sense. Right now you're in our system,
and you know, we'll keep an eye on it. We
always are watching rates from a you know, we have
kind of a list there people that are have a
higher rate that we got. You know, once the rates
hit a certain point, we get we reach out to
him say, hey, now's the time. Also, if that equity
is there where you can pull some cash, I mean,
look at your credit card statements.
Speaker 5 (25:10):
I mean, what are you talking? Twenty seven percent interest
on some of those things.
Speaker 14 (25:14):
So credit cards, car loans, there's still a lot of
equity you can use to increase, you know, help your
monthly budget.
Speaker 2 (25:20):
Hey, speaking of which, home equity line of credit. We've
done this with you guys. Lots of folks maybe in
that boat right now where they're trying to consolidate, bring
some credit card debt down, things like that. What what
what are you doing right now?
Speaker 12 (25:35):
What are you hearing?
Speaker 2 (25:35):
And what can people do if they want to take
a look. I've got a friend right now is just
talking about he's got something specific that he's got to
do a project that he's working on and and asked
me about it. So when I got the guy for you,
tell us about that, Dave.
Speaker 14 (25:51):
Yeah, I mean, they're you're basically you're going to be
able to get up to ninety percent of what the
value of your home is.
Speaker 5 (25:56):
Most of the time people are not going to that point.
Speaker 14 (25:58):
It's almost all of these do not require an appraisal,
and so it's a pretty easy, pretty easy process to
look at and see what somebody would qualify for. And
it's just a you know, extra line of credit, even
if you're not going to use at all. Usually you
want to have that cushion just in case there's a
project you want to do, and you're right, if somebody's
at two point seventy five percent, you don't want to
(26:19):
you don't want to, you know, bail on that just
to get maybe an extra thirty forty grand to put
on a RU for build a polebarn or whatever the
project may be. But I will say, anybody that is
that has you know, that really low rate and they're
in a house they necessarily don't want to be in anymore,
it's a great time to become a landlord. I mean,
if you if you have that money at that really
cheap rate. Rental demands are still high, so you could
(26:41):
potentially let that become an asset for you and pay
you every month.
Speaker 2 (26:45):
Dave Galloway, Heartlandholme Mortgage HHM lending dot com is the
website again, big news coming out to FED too late,
Jeromee now again President Trump making that point the CPI
numbers came out. Here's more. I think there's a CNBC
the other day where they actually had to admit it again,
(27:06):
experts were wrong when it came to inflation.
Speaker 13 (27:09):
I can tell you that we're very happy to see
that inflation continues to be well behaved. Since the President
took office in February, inflation has been running CPI inflation
has been running at a one point nine percent annualized rate,
which is a totally normal pattern of behavior for inflation
and for prices. And as you pointed out, you know, look,
there's just still continues to be no evidence whatsoever of
any teriff induced inflation. I think lots of folks who
(27:31):
are expecting that, who are predicting doom and you know,
doom and gloom. It just hasn't panned out, and it
continues to not pan out for them?
Speaker 2 (27:37):
What a story? And again things are looks like moving
in the next month or so. Dave, I know you've
been keeping an eye on this. What should folks do,
no matter whether they want to buy, refine home equity,
line of credit, or maybe they just try to keep
an eye on this as a whole. What are their
next depths? What do you recommend?
Speaker 5 (27:57):
Yeah, just reach out and check the numbers.
Speaker 14 (27:59):
Just reach out to one of our loan officers, talk
with them, get you get a copy of your mortgage
billing statement.
Speaker 5 (28:04):
Say hey, here's where I'm at right now.
Speaker 14 (28:05):
What makes sense? What options are out there? We don't
charge anybody to do that. We take a free look
at it. One thing I do want to touch on,
Justin is some great news came out from legislation. The
House and Senate have passed it and it's just waiting
for the President's desk. But if you've applied for a
mortgage or a car loan and you all of a sudden,
within a few minutes of your credit being pulled, you
(28:25):
got barraged by a million phone calls, Well, they've just
passed legislation to stop what's called it. They're called credit
trigger leads and so they would sell your information. The
credit reporting agencies would sell your information to other companies
and tell them, hey, this person just had their credit
pulled for a mortgage within six months. Once the President
signs it into law, that's going to be done in
(28:47):
six months. So the only people that can get a
hold of you your current servicer, somebody you've had a
banking relationship.
Speaker 5 (28:52):
With, or if you've closed it, the broker.
Speaker 14 (28:54):
So it's going to be a great thing to eliminate
those pesky calls every you know, twenty of them within
minutes of your credit being pulled, and if somebody wants
to stop that now.
Speaker 5 (29:03):
We also have access to an opt out website.
Speaker 14 (29:06):
Where you can opt out of those credit triggers even
before that six months. So definitely good news for people
that don't want that rather pesky you know, a million
calls and texts coming.
Speaker 2 (29:17):
In Heartland Home Mortgage HHM lending dot com is the website.
Dave Galloway our good friend, and of course if you've
got questions reach out, but wanted to definitely have you
on Dave to talk about particularly the CPI, the fed
Ray cut and where things are going from here. Bottom
line is if you if you had questions, give Dave
(29:39):
a call and see what they can do for you.
Number eight seven seven three five Oho zero zero zero seven.
I give out the toll free because they are in
Michigan and Florida. So if you're listening, maybe not just
live here on the radio, maybe on the iHeartRadio app
or on the stream wherever we're at, you may able
(30:00):
to work with day whether you're in Michigan or Florida,
both both places opportunities to do that. So HHM lending
dot com there it is hhmlending dot com. We get
him back. We'll bring him back for you. Thank you
so much for taking the time. Dave, always with the
information you don't want to miss out on hhmlending dot com.
(30:20):
Back after this, folks, don't go anywhere. We still have
more to cover. The fastest hour and radio is just
flying by, all right. Folks watching a market today, gotta
be happy. We're up lots of green, three hundred and
ten points in the Dow three hundred and ten points.
(30:41):
CNBC reporting right now is the market's just open s
and p up thirty. Nasdaq up one hundred, lots of
green on the screen and no matter what roller coaster
ride we're rolling with on a daily basis, let me
tell you this, You're never gonna feel the nausea that
can go along with it when you work with the
folks at Tellonwealth guard your nest egg dot com. It's
(31:07):
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ether retire today or tomorrow, ten twenty years down the road,
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(31:30):
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them a call today. Mike and a crew happy to
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one one thousand, that's six one six sixty six one
one thousand, or Goneline at Guarding your nest egg dot Com.
Speaker 1 (31:44):
Your news from a trusted source. It's West Michigan Live
with Justin Barklay on News Radio one thirteen hundred and
one oh six nine a f M.
Speaker 10 (31:55):
Here are your headlines from the Midwestern or this Wednesday,
August thirteenth, Robin Hoffman, It's a Midwesterner Dot news original story.
Democrat Governor Whitmer in the headlines again, this time a
judge ordering her to respond to a lawsuit over her
refusal to call for a special election to fill a
vacant state Senate See in other news, Michigan House Speaker
(32:16):
Republican Matt Hall signals property tax reform could be the
next big debate in Lansing. President Trump scheduled to meet
with Russian President Putin in Alaska on Friday. Here's Press
Secretary Caroline Levitt.
Speaker 11 (32:29):
The President inherited this conflict and he is determined to
end it. And it's a very complex and complicated situation.
As for the details of the plans that have been
kind of tossed back and forth, I won't get into those.
Speaker 10 (32:42):
For these stories and more, visit the Midwesterner at the
Midwesterner Dot news.
Speaker 2 (32:51):
Man. We need you have to fight more than ever.
You know it, and I thinks just don't feel the
same sometimes do they fill a little off energy and
some of the other things that you've noticed lately, Well,
there may be a reason for your testosterone levels. In fact,
this is an issue with lots of men. You may
(33:12):
not even be your fault. Sometimes it's just age. Sometimes
it's environmental issues that can that you know, I'm not
talking about climate change, but what I am talking about
is about you know, plastics or things you're coming into
contact with on a daily even food. Sometimes some of
the stuff they put in the food. You know, your
body's trying to tell you something. That edge you used
(33:34):
to have, that energy, the strength to drive, it's fading.
And like I said, it may not even be your
felt your fault. So twenty thousand men have come to
mentality for help because normal doesn't build legacies and men,
you know what, we need you to fight today now
more than ever, to be the best husbands, the best fathers,
the best grandfathers, and the best that you're calling on
(33:57):
a daily basis. We need you, We need you in
to fight it is. It is time to get back
in the game. Go to mentalityhealth dot com slash radio.
That's mentalityhealth dot com slash radio to find out how
to take your life back and do it today because
as I said, time is of the essence. We need you.
(34:18):
We need you now, all right, folks, moving full speed
ahead not a lot of time left in the fastest
hour on radio. So what do we got left? I
want to make sure that you get to hear today. Well,
the Texas Senate finally did it. This is going to
be a big story today. And the Democrats are going
to come back. It's a massive story. They're going to
(34:39):
have to get by the way, there's no getting around this.
Now we're gonna get five Republicans, going to get five
new US House seats out of Texas. Democrats are going
to lose five because they've already passed. The Senators passed us.
It'll go to the House if they don't get their
quorum on Friday, it'll get done. From what I understand
that some of these folks are already on on on
(35:00):
their way back here there walking out though the other
day the Senate Democrats walking out not happy. They're big mad,
big mad. But this is this is just just look,
as I mentioned, this is to find out there have
they been doing this jerrymandering stunt in the Blue states
(35:23):
for years? Look at some of the ways that Illinois
has caught up. Holy cow, it's crazy. And they've done
it here in Michigan.
Speaker 6 (35:29):
You know this.
Speaker 2 (35:31):
Some of the way they've they've cut these these areas up,
these districts is just insane. So Texas has said, well
hold my beer, and in Texas that's that's an actual thing. Uh,
we're gonna We're gonna do this too again. It's the
find out era. You fold around now, it's time to
(35:52):
find out. Speaking of finding out, a mic drop moment
with a reporter the other day formerly judged Jenny Now
she is the the former co host of the number
one show on cable news, The Five, and she is
now United States Attorney for the District of Columbia. So
she's the one that's going to oversee Remember I told
(36:14):
you about shifty shift, could be going to jail, et cetera.
She's the one that's going to oversee a lot of
this stuff. Here she is telling off. A reporter was
asking about what's going on with the takeover in DC,
and she just says, oh stop it. I love the
no nonsense approach from Piro, Oh stop it. Anyway, she's
(36:40):
asking about violence prevention programs, et cetera. She says, oh
stop it.
Speaker 12 (36:44):
Resources onto this street.
Speaker 2 (36:50):
She's got more, She's got more. Wait a second, they're
still asking her questions. She's picking up the mic like
like she's at wrestler. Out of wrestling match. She pick
up a bike. This is hilarious.
Speaker 12 (37:03):
Never enough, this change, this changed. It's never enough. You
tell these families, crime is dropped.
Speaker 2 (37:13):
You reporter asked, what's changed. She's got the victims' families
there at the press conference. What's changed? This has changed?
This crime is out of control.
Speaker 12 (37:20):
Tell the mother of the intern who was shot going
out for McDonald's. You're the Washington Convention Center. Oh, crime
is down. You tell the kid who has just beat
the helen back with a severe concussion and a broken nose.
Crime is down. No, that falls on deaf ears.
Speaker 2 (37:38):
Yeah, I love her no nonsense approach. Finally somebody in
that role that will tell it like it is and
backing up with action. By the way, this is just
really touching the surface. Here is scratching, barely scratching. We
got the full Iceberg, the full, the full deal coming
out and the after show. We'll bring it to you
(37:59):
the after show. By the way, the story that we
talked about earlier, the climate Action plan or the crap
plan out of Grand Rapids, I've got that story linked
up on our stacked as well as the other stories
today at Justin Barclay dot com. You can find out
all the things that we talked about. Get them all
online at Justin Barklay dot com. Back with the after
show after this behind the scenes in the livestream, Facebook, Twitter,
(38:22):
x Rumble, get our YouTube, the iHeartRadio app, wherever you
download your podcasts. Making a great one folks at Glenn
back programs. Next God Blane us, I will be that
name that kingdom come, that will be done on ours
and give us our daily red, our trust passes against
the Letter Studio or forever they met
Buy from higher Top Monroe Center in downtown Grand Rapids.
We're talking about what matters most to you when West
Michigan joined the conversation. Now at six one six seven
seven four, twenty four twenty four. At six one six
seven seven four twenty four twenty four, it's West Michigan
Live with Justin Barklay on Wood Radio Radio.
Speaker 2 (00:21):
Oh, welcome in Big Day to day. We've got our
good friend joining us in Galloway from Hartlin Homeworkers. They're
talking about the CPI court, big news the other day
and what what exactly that means for interest rates and uh,
in fact you may be able to get a jump
(00:42):
on it. There's there's some news that Dave had they'll
be sharing with us coming up this morning. You're gonna
want to hear about big news out of the Climate
Action meeting yesterday's Grand Rapids. Well, they'll share that. I
can't believe a little late to a party on this one,
fellas news, weather and traffic.
Speaker 1 (01:01):
I'm a big stories of the day. We are talking
about what matters most in West Michigan and beyond. This
is the Big three. Now see speak.
Speaker 2 (01:12):
Three one popular well infamous politician maybe seeing jail time
as well, and in big numbers, speaking of which coming
out yesterday, and we'll have the latest in these stories
and more courtesy of our good friends at Hartland Home Mortgage.
Kay have got away the team money you want to
buy refi home equity line of credit. As I mentioned,
(01:34):
they're the folks who want to reach out to They've
helped us each time. We've saved thousands working with Dave
and the crew. They're faster, they're better than the big banks,
and I think you're just gonna love them. Number one
six sexs to day of a team for powering Today.
(01:54):
S and P and the Nasdaq both set new record highs. Yesterday,
Trump was right again. Wall Street popped after cooler inflation.
The S and P five hundred and NASDAK both closed
at record highs. The CPI easing and the traders priced
in a septemper fed rate cut as well. AI big
(02:15):
tech led the charge. Volatility sank to year lows. The
markets even realize it, so we talked about that and
what it means coming up. Listen to President Trump yearing
out for his Friday meeting with Vladimir Putin in Alaska.
(02:36):
But DC not just reeling from the moves he's made
with law enforcement on the grounds there it looks like
it's shifting because Shifty Adam Shift, the Senator there could
land behind bars. The latest story Adam Shift, a Democrat
whistleblower now claiming that the Senator approved leaking classified intel
(03:01):
during the twenty seventeen Russia Gave Fight allegations the FBI
has been briefed on, while the DOJ separately opened criminal
probes into Shift and New York Attorney General Letitia James
that they could both be maybe they could be bunk
matescoding an alleged mortgage fraud case involved there. Shift calls
(03:22):
it a political hit job, but prosecutors verify unauthorized disclosures
are fraud. The senator could face real charges, folks. Is
this is no joke, And look, I don't care what
Democrats have to say about this. These are games that
were being played behind the scenes for years and they
(03:43):
never see they had these unwritten rules. They never went
after each other. Well, that all changed as soon as
they rated mar a Lago. So we are square now
in the find out era and Shifty Schiff is about
to get a do it sounds like that medicine he
(04:05):
may not want. Thank god. President Trump's historic takeover at
DC is being praised, in fact by folks there in
d C and even some liberals, which is interesting to watch.
Left is there in the neighborhoods in d C even
saying themselves, sort of quietly behind the scenes, we are glad,
(04:30):
we're glad to see this happening. In fact, I think, oh,
we got great video of the National Guard rolling into it.
Probably should play some of that. Here's some of the
video the National Guard rolling in DC's a man on
(04:50):
the street saluting. But what I thought was the most
interesting out of all the footage that we've got is maybe,
maybe maybe what came out of Joe Scarborough's mouth the
other day Morning Joe. Yeah, oh yeah, yeah, you're gonna
(05:13):
like this. Joe Scarborough even admitting, you know, and he's
not the only one, by the way, on MS DNC.
You know, my friends are telling me that crime is
out of control, and I've got folks tell me that
they're actually for all this. Take a listen to this clip.
(05:36):
I think this was yesterday's Morning Joe.
Speaker 3 (05:40):
From Hey, someone who I won't say their name, but.
Speaker 4 (05:47):
There we'll just say that they're very liberal, And he
says this may sound controversial, but I'm not totally opposed
to Trump's National Guard move in DC.
Speaker 3 (05:58):
I know he's doing it for Paula. But crime remains rampant.
I've had too many friends carjacked, shot at. None of
us will walk more than three blocks after eight pm.
Thirteen year olds are committing many of these crimes. Quite
a change from a decade ago when things were much calmer. Well,
that actually sounds like the DC that I lived in,
when I lived a block behind the Supreme Court, and
(06:21):
you know, every three days some one of my neighbors
was getting held up at gunpoint. I mean, there has
been a crime problem.
Speaker 2 (06:28):
In deep Well wait a minute. The media types know
the truth because they've lived there, they've had to walk
through it, they've had to deal with it. They know,
they understand. And by the way, Trump's right about this too.
Speaker 5 (06:43):
Date.
Speaker 2 (06:43):
Now, there's some weirdos out there. They're out there now.
Apparently they've been out there singing and chanting, and there's
this whole thing now where you got to go out
and apparently got to go out and bang pots and pans.
You got to go out and bang pots and pans
and uh and tell everybody your neighbors why you are
(07:06):
out there? And I've said, did you see the chief
of police? Did you see the chief of the police
in the in in DC yesterday? Apparently she doesn't know
what the what chain does phrase chain of command means?
This might be one of the most embarrassing videos you'll
you'll ever see. She's says by a reporter, what's the changing?
(07:28):
In other words, how does this work?
Speaker 6 (07:29):
Now?
Speaker 2 (07:29):
President's taken over?
Speaker 6 (07:31):
What the shain of command is?
Speaker 1 (07:32):
Now?
Speaker 6 (07:33):
What does that mean? What is it Pam bondi speakers
of the mayor of you? Or how does this work?
Speaker 2 (07:37):
So at the executive order is and now the mayor
house to step up and speak for the chief of police? Now, uh,
you might question the political nature of the hires uh
in in this particular police department, that maybe this is
part of the problem with the crime. This is someone
you say, you might I might call a DEI higher.
(08:01):
You don't know the phrase chain of command?
Speaker 6 (08:04):
What the shane of command is?
Speaker 2 (08:05):
Now?
Speaker 6 (08:06):
What does that mean?
Speaker 1 (08:07):
Well?
Speaker 6 (08:07):
Is it Pam Bondie's speakers of the American compan you
or how does this work?
Speaker 2 (08:10):
I look, I don't know her. So I can't say,
I can't. I'm not going to speculate, but this isn't embarrassing.
I know everybody kind of gets tripped up sometimes in
front of television cameras and you know the microphone light
switches on. You know that's but this is the chief
of police in Washington, d C. This shouldn't be an issue.
Speaker 7 (08:31):
So at the executive order is clear. The President has
requested MPD services, and our Home Rule Charter outlines the process.
The President designated Attorney General Bondi as his proxy to
to request services through me.
Speaker 6 (08:51):
Is what the shae of command is now? Yeah, I mean,
well is it Pam Bondis Speakers of the American or
how does this work?
Speaker 7 (08:58):
So at the executive order is clear, the President has just.
Speaker 2 (09:03):
A look on her face as it happens. I'm sorry,
I know, I know you can't see that on the radio.
The folks watching the behind the scenes live stream are
getting a full, up close and personal view of all this,
and Facebook X rumble Getter locals YouTube even where they've
they've brought us back. But it look, it is it's
(09:25):
a very it's a very questionable, particularly in this situation.
You wonder why did Is this why we've been having
all these problems to begin with? Is this the reason
for and all in Washington, d C Finally getting rid
of the politics and getting down back into law enforcement.
These people need to be able to do their jobs
(09:46):
and they're going to be assisted at least for the
next thirty days or so. MS d n C thirteen.
Joe Scarborough wasn't the only one Anthony Cole talking about.
Speaker 8 (09:57):
This sive in Washington. This is personal for many people
are frustrated with crime that we see, particularly committed by
juveniles in the in the city of Washington. People are frustrated,
Willie that they when they go to CBS to buy deodorant,
that they have to get it from behind locked plexiglass.
Speaker 2 (10:20):
Have you seen some of the shelves in the stores
in DC. Some of them are completely empty because they've
been they've been wiped out by some of these gangs
and these kids.
Speaker 5 (10:30):
Right.
Speaker 8 (10:32):
But the response here, and you know, let me say this, right,
this is not These are not just random anadotes. What
we see in Washington Post polling, among others, is that
roughly half of DC residents, mostly half of DC re
view this as a serious problem or an extremely serious problem.
Speaker 2 (10:50):
Talking about the crime, not Trump's takeo the crime. Can
you imagine?
Speaker 9 (10:55):
Yeah, And then the Democrats have been out there trying
to defend this, trying to defend violent crime, trying to
defend murders, trying to defend rampant gangs and kids out
running the streets.
Speaker 2 (11:07):
That's what they've been trying to defend this whole time,
Defending the indefensible. That's that's their position for the last
ten years. More now, by the way, that's why you've
seen all of the shift hitting the fan in happening
so to speak. Speaking of which shift is shift more
(11:30):
of Adam shift, and he's, like I said, not the
only one. Other ones could be behind bars. Before it's
all said and done with, back here at home in
our own backyard, we're going to dig into what is
this green new scheme the Grand Rapids has gone all
in on. Well, it's not new, it's nothing new. In fact,
(11:50):
they're really to the part of that. The radicals running
the city now are all in for this. Will tell
you what it could mean coming out in just moment.
Don't go anywhere. We appreciate you being here with us.
Stand by if you're able, please stand with us, honor
this nation with our national anthem.
Speaker 1 (13:21):
Focused on what matters to you. It's West Michigan Live
with Justin Barklay on News Radio thirteen hundred and one
oh six nine af AM and on demand anytime on
the iHeartRadio app.
Speaker 10 (13:34):
Here are your headlines from the Midwesterner this Wednesday, August thirteenth.
I'm Robin Hoffman. It's a Midwesterner. Dot News original story.
Michigan House Speaker Republican Matt Hall signals property tax reform
could be the next big debate in Lansing. In other news,
a judge orders Governor Whitmer to respond to a lawsuit
over her refusal to call a special election for a
(13:57):
vacant state senate. See President Trump's schedule to meet with
Russian President Putin in Alaska on Friday. Here's Press Secretary
Caroline love It.
Speaker 11 (14:05):
After Special Envoy Witkoff returned from his meeting with President
Putin in Russia, his first phone call was to President Trump,
and President Trump's first phone call was to President Zelensky.
Into our friends in Europe to keep everybody in the
loop about where the United States can see moving the
ball forward to end this conflict, and so we continue
to be very much engaged with President Zelensky and the Ukrainians,
(14:28):
but also our allies in Europe as well.
Speaker 10 (14:30):
For these stories and more, visit The Midwesterner at the
Midwesterner dot News.
Speaker 2 (14:35):
Back at it in in our own backyard, Grand Rapids
going all in on the green news scheme is what
we'll call it, the green news scheme. Well it really
it's not little at all.
Speaker 12 (14:51):
Oh damn you.
Speaker 2 (14:52):
But here's a piece in the In fact, this is
what I think was Mark. They called in the I
don't know if I remember his name, I'll look it up.
Calling the other day the heads up on this. Hey
you know, Grand Rappers is getting ready to meet on
this climate change deal. So the Enjoyer it was Mark. Yeah,
that's what I say. The Enjoyer wrote this piece and
(15:14):
it's out. In fact, I shared it over on Facebook
and I'll put it up in my stack. Tody eight.
All the stories that we talk about each and every day,
I share justin Barclay dot com. We put on the stack.
Camden says, Michigan's second largest city is setting forth on
a climate change crusade, publishing its very own climate action
(15:34):
and adaptation plan to ensure the average Michigan family pays
for it.
Speaker 13 (15:41):
Excuse me, blah blah blah.
Speaker 2 (15:43):
Is if things weren't bad enough in the city already,
now you want me to pay for the weather and
the weather isn't even great half the year, I mean
more than half the year. I want to go up
the sunshine or anything else. I guess that's my suv full.
Don't even forget about the Canadian wildfires. We have in
(16:05):
a smog from which it's still even hanging over today
that Hayes is in the air, Camden writes to West
Michigan City is implementing a radical climate change plan in
completely ignoring the consequences. Oh boy, oh boy. So what's
inside of the You know they voted on this or
they're supposed to talk about it yesterday. That's what Mark
called about to give us the full o man, the
(16:29):
full details of it all, well, at least the heads
up that it was happening. Camden has written about it
in the Enjoy if you want to take a look,
Grand Rampants just it's one hundred and six pages. By
the way, this climate action adaptation plan. I think they
sort of put an r in there. Instead of cap
(16:52):
it should be crap, aiming for net zero by twenty fifty,
with targets like cutting vehicle and making twenty two point
five percent of miles electric by twenty thirty. Again the
crap plan from Grand Rapids. Pardon my French folks, but
there really is no other way. There's just no other
(17:13):
way to describe this. And here they are getting well,
they're really late to the scene, aren't theys? Oh damn
you supporters called a roadmap. Critics weren't of higher cost
and wasteful spending. Well, what do you think? Lots of
public comments on this opposed to parts of the plane
of City Commission approved it yesterday, joining over sixteen Michigan
(17:36):
communities pursuing their own crap plans. So what's inside of it?
We'll dig through it over the next few days, but
you need to know. And again, this is this is.
This has nothing to do with helping the city grow
or making things better or more affordable. We just gonna
spent I heard of a new state well almost like
two hundred thousand dollars on flying drones over for a
(17:57):
parking plan. Speaking of more crap, all right, we had
to touch it. We'll come back and dig a little
bit further deep, deeper into it over the next few days.
I'll give you a chance to comment on it as well.
Faster Searing Radio flying by talking about the Fed, the
interest rates, CPI yesterday, the results and more on the way.
(18:21):
Plus our good friend Dave got Away from Heartlett Home
Mortgage tells you that the rates already might be moving.
You may want to hear what he's got to say.
Coming up a preview in just moments after the bottom
of the hour news on West Misteran Live What Radio.
It was right, well, at least that's what it seems
like yesterday're watching the markets semp and the Nasdaq both
(18:41):
setting new record highs, and CPI part of that, and
I think the trader's thinking about that September rate cut
from the Fed, which looks like it's getting closer every
moment now, especially with these numbers coming out. Dave gat
Away from Heartlott Home Mortgage is here to talk at
that rate cuts, specifically the CPI numbers, what it means
(19:06):
and actually there's some big surprises some things previews of
those ray cuts you may want to know about, at
least from what I've heard Dave. Welcome and appreciate you
being here with us today.
Speaker 5 (19:16):
Thanks for having me, my friend.
Speaker 2 (19:18):
So this is big news, and you know, I know
you may not want to get necessarily into the weeds
of the politics of it, but at the media and
the talking hads and the experts it doubted it, doubted it,
doubted it. Here we go. We're in another scenario, another
situation where the experts were wrong again. Trumpet looks like
the big news the headline of the CPI to me
more than anything, not just the numbers, because that was great,
(19:41):
but it shows really that the terroriffs aren't really impacting,
at least for now. The way that so many were
screaming chicken a little like the sky was going to
be falling. And that also shows us again where they
were already talking about a September rate cut from the FED,
that it looks like even more so that that's going
to be a fact.
Speaker 6 (20:01):
Now.
Speaker 2 (20:02):
Is that what your tickets?
Speaker 14 (20:04):
Yeah, we've been speaking for a while now how Powell's
been slow to the game and how we feel that
there's probably a heavily influenced of you know, politics and
maybe a back and forth personal you know things going
into play, not just so much looking at data and
letting that drive the decision. So yeah, very much. We're
excited to see where these numbers continue to go. And
(20:27):
you know what we're seeing even from some of our investors,
they're already pricing in special you know, to be ahead
of the FED rate drop as they've dropped rates pretty
significantly for rate and term refinances and purchases. So we're
already seeing that pop into play some some cheaper money.
Speaker 5 (20:45):
So definitely good.
Speaker 2 (20:46):
Things true late pal, he took the truth yesterday social
and Trump talking about him and again like that as
you as you just mentioned that that's sort of mantra
now that they cash. This guy's just too late to
the party always and it's time to move. So that
being said, rate cut already that we're already talking about
(21:09):
this for a while. Now that September, what do you
think is going to happen? What are they forecasting? What
are we looking at for September?
Speaker 5 (21:16):
I think the most recent I don't have a number
for September.
Speaker 14 (21:19):
If I had a guess, I would guess if he's
if he's playing his cards right, he would do at
least a half point drop in September, and they're still
projecting more and more. People are projecting three more drops
after that. And even Jamie Diamond, you know, the head
of Chase, has finally come on board and said, yeah,
the the you know, the tariffs are a good thing
and they're not.
Speaker 5 (21:38):
Having a negative effect on inflation.
Speaker 14 (21:40):
So when you get that that you know, big of
a head in there supporting it, I think that's gonna,
you know, really have some influence.
Speaker 2 (21:48):
So what's that mean for us? You know, we're watching
all this play out, you me, and the average shows
like we saw in the CPI, you know, costs a
certain things had gone up and the cost of other
things had gone down, and so it really largely kept
everything pretty close to flat month over month, up a
(22:08):
little bit over the last year, but for the most part,
those those were all sort of lower than they expected
them to be, and they expected them to be pretty
well all higher and because of the tariffs. So when
we're talking about you know, gases, it looks like that
was a big part of this, so that gas and
(22:29):
oil prices had come down and that was helping folks energy.
I know, that's not my consumer's energy bill, because that
thing is shot through the roof this summer. But it's
what you're talking about really is easing the pain for
people that they're going through right now on a monthly basis,
(22:51):
And how can that, you know, how can those maybe
those cuts and and and whatnot help actually in that process?
Speaker 14 (22:58):
Yeah, I mean, depending on the law size, even a
one percent rate drop can save you a significant amount
of money per month and usually makes sense if your
loan amounts over you know, to twenty five two hundred
and fifty thousand, which most of them nowadays are. We're
seeing the values continued increase. So from July of twenty
fourth through July of twenty five, I think Kent County
had a four point five percent increase in home prices.
(23:21):
So we're seeing the home prices still moving in the
right direction. I would say if you're looking at buying,
having that low rate right now, it puts you in
a really good situation as we end the second half
of the year. The competition on maybe the second tier homes,
not you know, starter homes. Starter homes are under heavy
competition because they're just s earned.
Speaker 5 (23:39):
Enough of them.
Speaker 14 (23:40):
But if you're looking at that second tier home, a
lot of people are looking to get families and houses
in school districts by the middle of the summer. So
I think as we head to the second half of
the year, with lower interest rates and probably how a
market slowing a little bit, it puts you in a
really good situation to buy if you're looking for that
second you know, that second tierhouse, you're looking to move
up in.
Speaker 2 (24:00):
Them bigger So you know, I, I where where does
that put us? Because you know, one of the things
that I know that has kept people from from moving
for a while has been they've had some great rates.
You know, I'm locked in at a really low rate.
Who knows what it takes to get me to move
at some point. But there's some people that didn't, didn't
(24:21):
get locked in. They may be not only thinking about moving,
as you mentioned, but maybe refinancing. What does it put them?
Speaker 14 (24:28):
Yeah, I mean a lot of people closed on buying
a home in the last three years and rates were
in the high sixes and sevens and maybe even eight
So now is a really good time to take a
look at at your options as far as saving you
money per month, And like you said a million times
on the show, if the benefit isn't there, we're going
to tell you that, but we also project the rates
to maybe trend down going forward. So if it isn't
(24:50):
quite there, that makes sense. Right now you're in our system,
and you know, we'll keep an eye on it. We
always are watching rates from a you know, we have
kind of a list there people that are have a
higher rate that we got. You know, once the rates
hit a certain point, we get we reach out to
him say, hey, now's the time. Also, if that equity
is there where you can pull some cash, I mean,
look at your credit card statements.
Speaker 5 (25:10):
I mean, what are you talking? Twenty seven percent interest
on some of those things.
Speaker 14 (25:14):
So credit cards, car loans, there's still a lot of
equity you can use to increase, you know, help your
monthly budget.
Speaker 2 (25:20):
Hey, speaking of which, home equity line of credit. We've
done this with you guys. Lots of folks maybe in
that boat right now where they're trying to consolidate, bring
some credit card debt down, things like that. What what
what are you doing right now?
Speaker 12 (25:35):
What are you hearing?
Speaker 2 (25:35):
And what can people do if they want to take
a look. I've got a friend right now is just
talking about he's got something specific that he's got to
do a project that he's working on and and asked
me about it. So when I got the guy for you,
tell us about that, Dave.
Speaker 14 (25:51):
Yeah, I mean, they're you're basically you're going to be
able to get up to ninety percent of what the
value of your home is.
Speaker 5 (25:56):
Most of the time people are not going to that point.
Speaker 14 (25:58):
It's almost all of these do not require an appraisal,
and so it's a pretty easy, pretty easy process to
look at and see what somebody would qualify for. And
it's just a you know, extra line of credit, even
if you're not going to use at all. Usually you
want to have that cushion just in case there's a
project you want to do, and you're right, if somebody's
at two point seventy five percent, you don't want to
(26:19):
you don't want to, you know, bail on that just
to get maybe an extra thirty forty grand to put
on a RU for build a polebarn or whatever the
project may be. But I will say, anybody that is
that has you know, that really low rate and they're
in a house they necessarily don't want to be in anymore,
it's a great time to become a landlord. I mean,
if you if you have that money at that really
cheap rate. Rental demands are still high, so you could
(26:41):
potentially let that become an asset for you and pay
you every month.
Speaker 2 (26:45):
Dave Galloway, Heartlandholme Mortgage HHM lending dot com is the
website again, big news coming out to FED too late,
Jeromee now again President Trump making that point the CPI
numbers came out. Here's more. I think there's a CNBC
the other day where they actually had to admit it again,
(27:06):
experts were wrong when it came to inflation.
Speaker 13 (27:09):
I can tell you that we're very happy to see
that inflation continues to be well behaved. Since the President
took office in February, inflation has been running CPI inflation
has been running at a one point nine percent annualized rate,
which is a totally normal pattern of behavior for inflation
and for prices. And as you pointed out, you know, look,
there's just still continues to be no evidence whatsoever of
any teriff induced inflation. I think lots of folks who
(27:31):
are expecting that, who are predicting doom and you know,
doom and gloom. It just hasn't panned out, and it
continues to not pan out for them?
Speaker 2 (27:37):
What a story? And again things are looks like moving
in the next month or so. Dave, I know you've
been keeping an eye on this. What should folks do,
no matter whether they want to buy, refine home equity,
line of credit, or maybe they just try to keep
an eye on this as a whole. What are their
next depths? What do you recommend?
Speaker 5 (27:57):
Yeah, just reach out and check the numbers.
Speaker 14 (27:59):
Just reach out to one of our loan officers, talk
with them, get you get a copy of your mortgage
billing statement.
Speaker 5 (28:04):
Say hey, here's where I'm at right now.
Speaker 14 (28:05):
What makes sense? What options are out there? We don't
charge anybody to do that. We take a free look
at it. One thing I do want to touch on,
Justin is some great news came out from legislation. The
House and Senate have passed it and it's just waiting
for the President's desk. But if you've applied for a
mortgage or a car loan and you all of a sudden,
within a few minutes of your credit being pulled, you
(28:25):
got barraged by a million phone calls, Well, they've just
passed legislation to stop what's called it. They're called credit
trigger leads and so they would sell your information. The
credit reporting agencies would sell your information to other companies
and tell them, hey, this person just had their credit
pulled for a mortgage within six months. Once the President
signs it into law, that's going to be done in
(28:47):
six months. So the only people that can get a
hold of you your current servicer, somebody you've had a
banking relationship.
Speaker 5 (28:52):
With, or if you've closed it, the broker.
Speaker 14 (28:54):
So it's going to be a great thing to eliminate
those pesky calls every you know, twenty of them within
minutes of your credit being pulled, and if somebody wants
to stop that now.
Speaker 5 (29:03):
We also have access to an opt out website.
Speaker 14 (29:06):
Where you can opt out of those credit triggers even
before that six months. So definitely good news for people
that don't want that rather pesky you know, a million
calls and texts coming.
Speaker 2 (29:17):
In Heartland Home Mortgage HHM lending dot com is the website.
Dave Galloway our good friend, and of course if you've
got questions reach out, but wanted to definitely have you
on Dave to talk about particularly the CPI, the fed
Ray cut and where things are going from here. Bottom
line is if you if you had questions, give Dave
(29:39):
a call and see what they can do for you.
Number eight seven seven three five Oho zero zero zero seven.
I give out the toll free because they are in
Michigan and Florida. So if you're listening, maybe not just
live here on the radio, maybe on the iHeartRadio app
or on the stream wherever we're at, you may able
(30:00):
to work with day whether you're in Michigan or Florida,
both both places opportunities to do that. So HHM lending
dot com there it is hhmlending dot com. We get
him back. We'll bring him back for you. Thank you
so much for taking the time. Dave, always with the
information you don't want to miss out on hhmlending dot com.
(30:20):
Back after this, folks, don't go anywhere. We still have
more to cover. The fastest hour and radio is just
flying by, all right. Folks watching a market today, gotta
be happy. We're up lots of green, three hundred and
ten points in the Dow three hundred and ten points.
(30:41):
CNBC reporting right now is the market's just open s
and p up thirty. Nasdaq up one hundred, lots of
green on the screen and no matter what roller coaster
ride we're rolling with on a daily basis, let me
tell you this, You're never gonna feel the nausea that
can go along with it when you work with the
folks at Tellonwealth guard your nest egg dot com. It's
(31:07):
guarding your nest egg dot com. You can find out
exactly how they can help you. Mike Lester and the
crew more than willing, more than happy to do that
for you. So if you've got questions about maybe you
ether retire today or tomorrow, ten twenty years down the road,
it it doesn't matter. Maybe you're already retired and you
want to take a look. Guarding your nest egg dot
(31:30):
com is the website. Go check them out or give
them a call today. Mike and a crew happy to
help walk you through at sixty one six sixty sixty
one one thousand, that's six one six sixty six one
one thousand, or Goneline at Guarding your nest egg dot Com.
Speaker 1 (31:44):
Your news from a trusted source. It's West Michigan Live
with Justin Barklay on News Radio one thirteen hundred and
one oh six nine a f M.
Speaker 10 (31:55):
Here are your headlines from the Midwestern or this Wednesday,
August thirteenth, Robin Hoffman, It's a Midwesterner Dot news original story.
Democrat Governor Whitmer in the headlines again, this time a
judge ordering her to respond to a lawsuit over her
refusal to call for a special election to fill a
vacant state Senate See in other news, Michigan House Speaker
(32:16):
Republican Matt Hall signals property tax reform could be the
next big debate in Lansing. President Trump scheduled to meet
with Russian President Putin in Alaska on Friday. Here's Press
Secretary Caroline Levitt.
Speaker 11 (32:29):
The President inherited this conflict and he is determined to
end it. And it's a very complex and complicated situation.
As for the details of the plans that have been
kind of tossed back and forth, I won't get into those.
Speaker 10 (32:42):
For these stories and more, visit the Midwesterner at the
Midwesterner Dot news.
Speaker 2 (32:51):
Man. We need you have to fight more than ever.
You know it, and I thinks just don't feel the
same sometimes do they fill a little off energy and
some of the other things that you've noticed lately, Well,
there may be a reason for your testosterone levels. In fact,
this is an issue with lots of men. You may
(33:12):
not even be your fault. Sometimes it's just age. Sometimes
it's environmental issues that can that you know, I'm not
talking about climate change, but what I am talking about
is about you know, plastics or things you're coming into
contact with on a daily even food. Sometimes some of
the stuff they put in the food. You know, your
body's trying to tell you something. That edge you used
(33:34):
to have, that energy, the strength to drive, it's fading.
And like I said, it may not even be your
felt your fault. So twenty thousand men have come to
mentality for help because normal doesn't build legacies and men,
you know what, we need you to fight today now
more than ever, to be the best husbands, the best fathers,
the best grandfathers, and the best that you're calling on
(33:57):
a daily basis. We need you, We need you in
to fight it is. It is time to get back
in the game. Go to mentalityhealth dot com slash radio.
That's mentalityhealth dot com slash radio to find out how
to take your life back and do it today because
as I said, time is of the essence. We need you.
(34:18):
We need you now, all right, folks, moving full speed
ahead not a lot of time left in the fastest
hour on radio. So what do we got left? I
want to make sure that you get to hear today. Well,
the Texas Senate finally did it. This is going to
be a big story today. And the Democrats are going
to come back. It's a massive story. They're going to
(34:39):
have to get by the way, there's no getting around this.
Now we're gonna get five Republicans, going to get five
new US House seats out of Texas. Democrats are going
to lose five because they've already passed. The Senators passed us.
It'll go to the House if they don't get their
quorum on Friday, it'll get done. From what I understand
that some of these folks are already on on on
(35:00):
their way back here there walking out though the other
day the Senate Democrats walking out not happy. They're big mad,
big mad. But this is this is just just look,
as I mentioned, this is to find out there have
they been doing this jerrymandering stunt in the Blue states
(35:23):
for years? Look at some of the ways that Illinois
has caught up. Holy cow, it's crazy. And they've done
it here in Michigan.
Speaker 6 (35:29):
You know this.
Speaker 2 (35:31):
Some of the way they've they've cut these these areas up,
these districts is just insane. So Texas has said, well
hold my beer, and in Texas that's that's an actual thing. Uh,
we're gonna We're gonna do this too again. It's the
find out era. You fold around now, it's time to
(35:52):
find out. Speaking of finding out, a mic drop moment
with a reporter the other day formerly judged Jenny Now
she is the the former co host of the number
one show on cable news, The Five, and she is
now United States Attorney for the District of Columbia. So
she's the one that's going to oversee Remember I told
(36:14):
you about shifty shift, could be going to jail, et cetera.
She's the one that's going to oversee a lot of
this stuff. Here she is telling off. A reporter was
asking about what's going on with the takeover in DC,
and she just says, oh stop it. I love the
no nonsense approach from Piro, Oh stop it. Anyway, she's
(36:40):
asking about violence prevention programs, et cetera. She says, oh
stop it.
Speaker 12 (36:44):
Resources onto this street.
Speaker 2 (36:50):
She's got more, She's got more. Wait a second, they're
still asking her questions. She's picking up the mic like
like she's at wrestler. Out of wrestling match. She pick
up a bike. This is hilarious.
Speaker 12 (37:03):
Never enough, this change, this changed. It's never enough. You
tell these families, crime is dropped.
Speaker 2 (37:13):
You reporter asked, what's changed. She's got the victims' families
there at the press conference. What's changed? This has changed?
This crime is out of control.
Speaker 12 (37:20):
Tell the mother of the intern who was shot going
out for McDonald's. You're the Washington Convention Center. Oh, crime
is down. You tell the kid who has just beat
the helen back with a severe concussion and a broken nose.
Crime is down. No, that falls on deaf ears.
Speaker 2 (37:38):
Yeah, I love her no nonsense approach. Finally somebody in
that role that will tell it like it is and
backing up with action. By the way, this is just
really touching the surface. Here is scratching, barely scratching. We
got the full Iceberg, the full, the full deal coming
out and the after show. We'll bring it to you
(37:59):
the after show. By the way, the story that we
talked about earlier, the climate Action plan or the crap
plan out of Grand Rapids, I've got that story linked
up on our stacked as well as the other stories
today at Justin Barclay dot com. You can find out
all the things that we talked about. Get them all
online at Justin Barklay dot com. Back with the after
show after this behind the scenes in the livestream, Facebook, Twitter,
(38:22):
x Rumble, get our YouTube, the iHeartRadio app, wherever you
download your podcasts. Making a great one folks at Glenn
back programs. Next God Blane us, I will be that
name that kingdom come, that will be done on ours
and give us our daily red, our trust passes against
the Letter Studio or forever they met
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