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Mike Simon

@mikesimon

Phoenix Native, following finance and real estate. 20+ yr mortgage professional. Personal Acct.

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25.11.2023
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Latest posts by Mike Simon @mikesimon

What’s the argument for the US blocking and not blocking ships from leaving the SOH?

13.03.2026 16:10 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Concentrate on your breathing , it will be over soon.

13.03.2026 16:00 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Wait, he just said the economy was good. Why would you need an emergency meeting? πŸ™„

12.03.2026 21:38 πŸ‘ 6 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Recent wars have been good for rates, but not this disaster.

12.03.2026 16:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

MAGA-what he meant was…..

12.03.2026 15:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I’d have to think this would put mortgage rates in the low 5s.

11.03.2026 13:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

This isn’t talked about enough and really hasn’t been reported on. I just found this out yesterday.

10.03.2026 14:40 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Yes but there’s oil in Iran so it won’t happen

09.03.2026 05:07 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Fair.

08.03.2026 21:01 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I hate to say that it’s different , but it seems like it is. Liberation day he could just flip a switch, this is more nuanced. Hope you are right though.

08.03.2026 15:21 πŸ‘ 3 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Surprised oil isn’t higher. But my BlueSky is always more bearish….need to go to X now to not get freaked out.

08.03.2026 15:02 πŸ‘ 3 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Preview
a man sitting in a car with the word freedom written on his shirt ALT: a man sitting in a car with the word freedom written on his shirt
08.03.2026 05:25 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I remember I save up for a kitchen table but on my way to buy it i stopped into a pro shop. I bought a new set of irons instead. Never regretted that.

08.03.2026 05:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
a man is holding a tray of food in front of a window that says bar rescue ALT: a man is holding a tray of food in front of a window that says bar rescue

Sounds like he is setting the table for a Taco buffet.

07.03.2026 14:38 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Maybe change pronoun to she, women are more detailed.

06.03.2026 18:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Valid for China, but not Russia imo. Russia showed their hand vs Ukraine, and seeing all those old trucks and dusty equipment wasn’t impressive at all. I think our government prop Russian up just for defense contractors.,

04.03.2026 18:51 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

It’s gangbusters. My refinance applications are up 100% over last month. Hopefully the loan will close this month πŸ˜‚

04.03.2026 14:29 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

There are people bought a home with a 7%+ rate and now refinancing to 6%.

04.03.2026 14:09 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Martini and some Doritos, doesn’t look like a veggie or fruit in their either. Definitely Dad packed. 100% .

28.02.2026 02:48 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Exclusive | Federal Reserve Mounts Closed-Door Fight Against Justice Department Subpoenas U.S. Attorney Jeanine Pirro is investigating testimony that Fed Chair Jerome Powell provided last summer around building renovations, a probe he has called improper.

The DOJ probe of the Federal Reserve is playing out behind closed doors

The Fed, in sealed proceedings, is asking a judge to quash the subpoenas, which could reduce or eliminate its obligation to respond

via @cryanbarber.bsky.social

www.wsj.com/politics/pol...

27.02.2026 00:14 πŸ‘ 184 πŸ” 48 πŸ’¬ 2 πŸ“Œ 2

If the case were strong, it probably wouldn’t need sealed proceedings and procedural fights. All of Trump admin investigations drag on behind closed doors and nothing concrete ever emerges because all they care about is generating the headline.

27.02.2026 02:17 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Just enjoy the game and lower expectations for 24yr old males whose pre frontal lobes are still developing and whose office is a locker room.

26.02.2026 01:44 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Just record it using Chat GPT and go get some wings at JTs and talk shit to Arcadia MAGA. ….on second thought maybe the Drummer. I don’t want your profile pic to be a mugshot.

24.02.2026 23:25 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

It’s not good though…right?

24.02.2026 23:22 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Whether it happens or even can happen doesn’t mattter. Banks been telling undocumented for years their money is safe in their bank. If this spreads it’s not good for banks deposits. Not saying there could be a run but banks will get stung.

24.02.2026 23:21 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Banks definitely do not want this. And if this news spreads, there will be a small but very noticeable amount of withdrawal’s.

24.02.2026 23:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I think Crypto could have a good pop tonight and tomorrow.

24.02.2026 23:08 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

So far it’s been empty ideas…except the MBS purchases, which could help short term. β€œIF” GSEs purchase that is.

24.02.2026 23:02 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Our recent stays at short term rentals havent been pleasant? They have been dirty, furniture worn, linens cheap etc. think they are over saturated and no one is making money anymore.

16.02.2026 18:20 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Maybe Lennar can get with Pulte and do a PR release on a 60yr mortgage.

26.01.2026 15:39 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0