The Housing & Money Report

The Housing & Money Report Housing trends, personal finance insights & real-estate strategy for homeowners. We believe strongly in giving back.

Hosted by Dave Waldschmidt - Certified Mortgage Advisor
My NMLS #304987
Canopy Mortgage, LLC NMLS #1359687
Equal Housing Opportunity My background in the financial services industry began in 1986 and since then, I’ve had the opportunity to help thousands of families with their mortgage and financial objectives. My goal is to help you choose a mortgage that meets both your short and long-term goals

. Whether you’re a first time home buyer, refinancing your home, or buying an investment property, I will take as much time as needed to get to know what's important to you before making mortgage recommendations. Your situation is unique and it is my goal ensure you receive the loan program that meets your specific needs. A little about my personal life - I have an amazing wife, son and two daughters. We are active in our local church, community, and we’re grateful for the opportunity to serve and support the Mission of Grace, an orphanage that provides care for abandoned children and seniors in Haiti. I look forward to providing a personalized mortgage solution that is right for you.

MONDAY MORNING UPDATE:Today the financial markets are up significantly following the announcement of a Memorandum of Und...
06/15/2026

MONDAY MORNING UPDATE:
Today the financial markets are up significantly following the announcement of a Memorandum of Understanding between the United States and Iran, aiming to reopen the Strait of Hormuz and ease geopolitical tensions.

This development led to a significant drop in oil prices, with Brent crude falling below $80.00 a barrel, its lowest level since early March. Easing oil prices is having a ripple effect on the bond market, contributing to a decline in the 10-year Treasury yield & has the potential to favorably influence mortgage rates, which are closely tied to Treasury yields.

In the housing market, the combination of improved mortgage rates and stabilized energy prices could stimulate buyer demand, potentially leading to increased activity in the coming months. This presents an excellent opportunity for those looking to purchase a home or refinance their existing mortgage.

If you're considering entering the housing market or refinancing, now is an opportune time to take advantage of these favorable conditions. Please reach out to me directly to discuss how these developments can benefit your specific situation.

“A fixed-rate mortgage means your payment will never change.”You’ve probably heard that before.The problem is… it’s only...
06/05/2026

“A fixed-rate mortgage means your payment will never change.”

You’ve probably heard that before.

The problem is… it’s only part of the story.

Yes, the interest rate is fixed.
Yes, the principal and interest portion of the payment stays the same.

But most homeowners don’t write separate checks for their property taxes and insurance. Those costs are typically included in the monthly payment—and they can change over time.

When property taxes increase or insurance premiums rise, the monthly payment can rise too.

For buyers who weren’t prepared, that annual escrow analysis can feel like a punch in the gut.

They wonder:
“Why is my payment going up?”
“Did someone make a mistake?”
“Why didn’t anyone tell me this could happen?”

That’s why education matters.

Our job isn’t just to help people get a mortgage. It’s to help them understand homeownership.

The families we serve trust us to give them the full picture—not just the parts that sound good.

When we explain upfront how taxes, insurance, and escrow accounts work, we replace surprises with confidence.

And confident homeowners make better long-term financial decisions.

The goal isn’t just getting to the closing table.

The goal is making sure our clients still feel informed, prepared, and well-served long after they get the keys to their new home.

What happened to starter homes that are affordable?Before breaking ground, a builder incurs significant pre-construction...
05/30/2026

What happened to starter homes that are affordable?

Before breaking ground, a builder incurs significant pre-construction costs. Many times up to $80K+ (before the foundation is even poured) & include architectural fees, site surveys, soil testing, environmental assessments, municipal permits, and utility hookup fees.

I’d love to see the federal, state & local governments coordinate & step in to pave the way so builders can build starter homes at $300K so the next generation can actually own one.

Instead they slap a $500k price tag on a 1,400 square foot house and call it a "starter home."

$3,895 a month is NOT a starter home.

It's a starter financial crisis.

The job market is changing faster than most people realize.And the biggest risk today isn’t just losing a job…It’s build...
05/24/2026

The job market is changing faster than most people realize.

And the biggest risk today isn’t just losing a job…
It’s building a career around skills that technology is quietly replacing.

From cashiers and data entry to customer service and bookkeeping, automation and AI are reshaping entire industries right in front of us.

That doesn’t mean people are doomed.
It means the rules are changing.

The workers who adapt, learn new skills, and stay financially prepared will have a major advantage over the next decade.

Because career stability today doesn’t come from doing what’s always worked…
It comes from staying valuable in a changing economy.

That’s also why financial literacy matters more than ever:
✅ Build an emergency fund
✅ Avoid lifestyle inflation
✅ Keep learning marketable skills
✅ Invest for the long term
✅ Create multiple streams of income when possible

The goal isn’t fear.
The goal is preparation.

The economy will always evolve. The question is whether we evolve with it.

What jobs do you think AI and automation will impact the most over the next 10 years? 👇

Most people aren’t “this close” to financial independence … they’re one emergency away from serious stress.A recent Fede...
05/22/2026

Most people aren’t “this close” to financial independence … they’re one emergency away from serious stress.

A recent Federal Reserve survey found that more than half of Americans couldn’t cover a $2,000 surprise expense using savings alone.

And nearly 1 in 5 said they couldn’t even handle a $100 emergency.

That’s not just a statistic.
That’s the flat tire, emergency room visit, broken water heater, or unexpected job interruption that suddenly turns into credit card debt… stress… and sleepless nights.

The truth is:
Financial freedom rarely happens by accident. It’s built intentionally — one smart decision at a time.

Before buying a home, refinancing, upgrading cars, or taking on new debt, it’s important to ask:

✔️Do we have an emergency fund?
✔️ Are we leaving room in our monthly budget?
✔️ Are we building stability… or just surviving month to month?

Because homeownership should create security — not financial pressure.

One of the most overlooked parts of financial literacy is understanding that the right mortgage strategy can help create breathing room for savings, investing, and long-term wealth building.

The goal isn’t just to buy a house.
The goal is to build a life where unexpected expenses don’t become financial emergencies.

A budget may not be exciting… but neither is eating ramen at 47 because your HVAC quit in July.

If you’d like help building a smarter home financing strategy designed around long-term financial stability, send me a message.

05/22/2026

I hope this changes soon, but for now …

⏳ Dave Ramsey argues that retirees can safely withdraw 8% of their portfolio annually, based on his belief that mutual f...
05/09/2026

⏳ Dave Ramsey argues that retirees can safely withdraw 8% of their portfolio annually, based on his belief that mutual funds deliver roughly 12% per year.

The Trinity Study analyzed every 30-year retirement period from 1926 to 1995 using rolling-period simulations of stock-and-bond portfolios.

For a 100% stock portfolio with inflation-adjusted withdrawals over 30 years, a 4% rate succeeded 98% of the time and an 8% rate succeeded 78% of the time.

Financial planners typically target a 90% success rate for safe withdrawals.

A safe withdrawal rate depends on three variables:

👉🏻 the market conditions you retire into👉🏻 your willingness to cut spending in down years
👉🏻 how much of your portfolio is in stocks versus bonds.

A flexible spender willing to cut withdrawals during bear markets can sustain higher rates.

A fixed 8% withdrawer with 100% equities retiring into a downturn historically cannot.

What are your thoughts on a safe retirement withdrawal rate?

Most buyers are watching the loan, the inspection, the appraisal, the rate, the payment…And then title work quietly show...
05/08/2026

Most buyers are watching the loan, the inspection, the appraisal, the rate, the payment…

And then title work quietly shows up at the end like, “Hey, I’m actually very important too!!”

This is the part of the process that doesn’t always get talked about enough, but it matters.

Your title company helps confirm that the home can legally transfer to you and that there aren’t hidden ownership issues sitting in the background.

Before you sign anything, ask your title rep:
👉🏻 Did the title search find anything I should know about?
👉🏻 What does my title insurance actually cover?
👉🏻 Can I review my closing documents before closing day?

Because the goal is not just to close.
The goal is to close with confidence, understand what you’re signing, and avoid last-minute surprises.

Save this before closing day and share it with someone buying a home soon.

If we haven’t met yet, I’m Dave Waldschmidt, your go-to mortgage advisor in Roseville, CA.

05/07/2026

If you’re a loan originator, let me know if this resonates!

Realtor friends, true or what?

Address

2220 Douglas Boulevard , Suite 100
Roseville, CA
95661

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Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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