Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Business leaders for Michigan is united by an ambitious goal
to make Michigan a top ten state for jobs and
talent and a thriving economy. And one of the business
leaders in Michigan founded a company that has now almost
ten thousand and five star reviews. His name is David Hall,
the CEO at Hall Financial. You can find him at
(00:22):
eight six six call Hall or call Hall First dot com.
He's on our hotline this morning because we have news
that as we're about to speak to Jim Wise from
fire Keepers Casino about odds of a different kind like
the Tigers advancing against Seattle, the odds of a federal
reserve rate cut in October have hit one hundred percent
(00:46):
according to CME Fedwatch. David Hall, do you buy that
and what does it mean?
Speaker 2 (00:52):
Yeah? I do, and good morning and go tigers first
of all, but yeah, we're gonna we're gonna get a
FED cut at the end of October. And we've just
you know, real cool down in the employment market. And
this is a big news because all the jobs that
we thought we had that had been overstated and now
there's been a slow down, almost a negative jobs number.
(01:15):
And the only question I think now at the end
of October is are they going to cut a quarter
or are they going to cut a half? And we'll
get more clues to that this morning at eight thirty
with the jobs report from September that'll be reported this morning,
so it'll be an interesting morning today for sure. But yeah,
we're going to get another FED cut and what.
Speaker 1 (01:32):
Will that mean to haul financial and your business and
your customers.
Speaker 2 (01:37):
Well, we should see mortgage in a straight start to
go down again a little bit here in anticipation of
the cut. The cut won't lead to anything, but leading
up to it, we should see it. So home equity
line rates are going down, credit card rates are going down.
It's really good news for consumers.
Speaker 1 (01:54):
So does that mean if we're thinking of buying or
selling right now we should wait or get in touch
with you at eight sixty six Call Hall and online
at call hall First dot com.
Speaker 2 (02:05):
Well, we've already seen mortgage interest rates come down a
full point. I think that the difference in mortgage interest
rates thirty or fixed rates will be negligible between now
and then. But we never know what will happen. But
I wouldn't wait, but I would know if you've got
credit card debt, if you've got a home eckerylign those
are both going to get better and again this morning's
eight thirty jobs report is going to be big okay.
Speaker 1 (02:27):
And remember you're sitting on money in your own house
and David Hall can help you get access to it
as the rates are coming down. Thank you for the
snap reporting this morning eight six to six. Call Hall,
Call Hall First dot com. He's David Hall and you
can text, you can email, you can call. They'll take
care of you and make it very very easy
Business leaders for Michigan is united by an ambitious goal
to make Michigan a top ten state for jobs and
talent and a thriving economy. And one of the business
leaders in Michigan founded a company that has now almost
ten thousand and five star reviews. His name is David Hall,
the CEO at Hall Financial. You can find him at
(00:22):
eight six six call Hall or call Hall First dot com.
He's on our hotline this morning because we have news
that as we're about to speak to Jim Wise from
fire Keepers Casino about odds of a different kind like
the Tigers advancing against Seattle, the odds of a federal
reserve rate cut in October have hit one hundred percent
(00:46):
according to CME Fedwatch. David Hall, do you buy that
and what does it mean?
Speaker 2 (00:52):
Yeah? I do, and good morning and go tigers first
of all, but yeah, we're gonna we're gonna get a
FED cut at the end of October. And we've just
you know, real cool down in the employment market. And
this is a big news because all the jobs that
we thought we had that had been overstated and now
there's been a slow down, almost a negative jobs number.
(01:15):
And the only question I think now at the end
of October is are they going to cut a quarter
or are they going to cut a half? And we'll
get more clues to that this morning at eight thirty
with the jobs report from September that'll be reported this morning,
so it'll be an interesting morning today for sure. But yeah,
we're going to get another FED cut and what.
Speaker 1 (01:32):
Will that mean to haul financial and your business and
your customers.
Speaker 2 (01:37):
Well, we should see mortgage in a straight start to
go down again a little bit here in anticipation of
the cut. The cut won't lead to anything, but leading
up to it, we should see it. So home equity
line rates are going down, credit card rates are going down.
It's really good news for consumers.
Speaker 1 (01:54):
So does that mean if we're thinking of buying or
selling right now we should wait or get in touch
with you at eight sixty six Call Hall and online
at call hall First dot com.
Speaker 2 (02:05):
Well, we've already seen mortgage interest rates come down a
full point. I think that the difference in mortgage interest
rates thirty or fixed rates will be negligible between now
and then. But we never know what will happen. But
I wouldn't wait, but I would know if you've got
credit card debt, if you've got a home eckerylign those
are both going to get better and again this morning's
eight thirty jobs report is going to be big okay.
Speaker 1 (02:27):
And remember you're sitting on money in your own house
and David Hall can help you get access to it
as the rates are coming down. Thank you for the
snap reporting this morning eight six to six. Call Hall,
Call Hall First dot com. He's David Hall and you
can text, you can email, you can call. They'll take
care of you and make it very very easy
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