Welcome to Real Talk Real Estate, the show where we cover how to build wealth in real estate with no fluff, no BS, and no sales pitches. I'm David Green and I've been doing this for over 10 years. I've seen the ups, the downs, and everything in between. This is the show where we pull back the curtain and show it to you too. So if you want to build wealth through real estate or you just love learning about it you found your home what's going on everyone

you know what day it is it's monday and what does that mean for you mortgage nerds out there

we are here with mortgage monday welcome to real talk real estate i'm david green he's christia

bachelor and we're two of the nerdiest real estate investors that you'll ever meet here with

some finally good news if you're a real estate investor if you're a real estate investors that you'll ever meet here with some finally good news.

If you're a real estate investor, if you're a real estate owner, if you're someone who's just peering through the window of the real estate shop, trying to see what's it like on the other side. Well, first off, welcome. We're glad you're here. Please keep coming and please subscribe to the show if you haven't already done so. But we finally got some good news after years of

being kicked in the teeth with nothing but mostly bad news to share. We've got some good news.

Now, if you're somebody who loves the economy and wants it to do well, you're going to be happy

today. Inflation numbers are in, and by however they're measuring them, they look pretty healthy.

And what that means is that the Fed can finally lower interest rates without worrying that prices

are going to skyrocket. Now, I'm not going to sit here and pretend that a bald man in a t-shirt

like me really understands how tariffs affected this, how international trade affected this.

What's going on? I don't know for sure. We can theorize on it, but it doesn't really matter.

Here's what does matter.

Mortgage rates are probably going to be coming down.

We're going to be sharing an article of Scott Besson, urging Jerome Powell, the head of the Fed, to lower rates by 150 basis points.

Christian, can you please define what a basis point is for all the people out there that are listening to this and they hear about it at cocktail parties, but they don't know what anyone's saying.

Yeah, a bip is a hundredth of a percent.

So 100 bips is 1%.

Right.

So when you hear dropping rates by 150 bips

it's super fancy jargon of just saying one and a half percent on the federal funds rate right

...