Real Talk Real Estate with David Greene
Episode: Mortgage Monday - Trump's Note to Powell | Episode 71
Release Date: July 7, 2025

Introduction to Mortgage Monday

In Episode 71 of Real Talk Real Estate with David Greene, titled "Mortgage Monday - Trump's Note to Powell", host David Greene teams up with Chris Ambassador to delve into the intriguing intersection of politics and mortgage rates. This episode dissects the recent developments involving former President Donald Trump and Federal Reserve Chair Jerome Powell, exploring the potential implications for the real estate market and mortgage rates.

Trump's Handwritten Note to Jerome Powell

The episode kicks off with David and Chris discussing a recently surfaced handwritten note from Donald Trump to Jerome Powell. Trump’s note explicitly urges Powell to "lower interest rates", criticizing the Fed Reserve Board for what he perceives as a failure to support America's financial interests.

Notable Quotes:

• David Green [05:31]: "Trump writes on True Social complaining that Powell and the rest of the Fed Reserve Board of Governors should be ashamed of themselves for declining to lower interest rates."

• Chris Ambassador [06:37]: "He's just kind of pulling out all the stops. And, you know, Trump obviously likes to, you know, make a little bit of a scene here and there."

Analyzing Jerome Powell's Stance

Chris Ambassador provides a comprehensive analysis of Jerome Powell's reluctance to lower interest rates, despite favorable economic indicators that typically suggest such an action. He explains that traditionally, the Federal Reserve balances unemployment and inflation by adjusting interest rates. However, the current scenario presents a conundrum where low unemployment and declining inflation still do not prompt the Fed to reduce rates.

Notable Quotes:

• Chris Ambassador [07:18]: "The Fed's actually doing the opposite of what history says they should. Now, that could be a good thing or bad thing."

• Chris Ambassador [10:25]: "He's saying that instead of dropping them now and responding later, you're too late in saving America money and getting better interest rates."

Impact of Tariffs and Economic Policies

The discussion shifts to the impact of Trump's tariff policies, which Powell believes have uncertain future implications on the economy. Powell's cautious approach stems from the unpredictable effects tariffs may have, potentially offsetting any positive impact from lowering interest rates.

Notable Quotes:

• Chris Ambassador [07:18]: "Jerome Powell has made his stance very clear that he feels the impact of the tariffs are not felt yet."

• David Green [10:42]: "The national debt grows and grows and grows. We're barely making interest payments on it."

Economic Implications and Real Estate Consequences

David Green introduces the real estate angle by discussing how lower interest rates could significantly benefit the mortgage market. He theorizes about mechanisms to lower mortgage rates independently of the Federal Reserve's rates, such as incentivizing companies to purchase mortgage-backed securities or offering tax credits. This approach could potentially stabilize the housing market, reduce foreclosures, and stimulate a new wave of property investments.

Notable Quotes:

• David Green [11:00]: "I think there's a way to lower mortgage rates without lowering the Fed rate."

• David Green [14:24]: "Everybody can benefit from lowering rates, and we don't have to keep people in foreclosure."

Speculation on the Leak of the Handwritten Note

Towards the end of the episode, David and Chris speculate on how Trump’s handwritten note to Powell became public knowledge. They entertain various scenarios, including the possibility of leaks from Trump's staff or Powell's team, while also highlighting Trump's penchant for creating headlines to grab attention.

Notable Quotes:

• Chris Ambassador [12:08]: "People always say, I surround myself with very brilliant people, right? Maybe one of those people thought, hey, let's do something crazy."

• David Green [12:55]: "Well, I. Not that anyone asked, but I think we do need lower, at least mortgage rates."

Proposed Solutions and Market Stability

David Green proposes innovative solutions to create stability in the housing market. He suggests temporary reductions in mortgage rates to encourage refinancing and property transfers, thereby preventing foreclosures and fostering a more resilient real estate market. This strategy aims to benefit both buyers and sellers, ensuring that institutions do not dominate the market at the expense of individual homeowners.

Notable Quotes:

• David Green [14:24]: "Somebody will buy it because they're like, rates are at four and a half and you'd get a whole new wave of buyers coming in."

• David Green [14:22]: "Everybody wins. And you don't have to keep them there forever."

Engagement and Call to Action

The episode concludes with David and Chris encouraging listeners to reach out for personalized real estate advice. They provide contact information for their respective platforms, inviting listeners to engage with them for support in navigating the complexities of the current mortgage and real estate landscape.

Notable Quotes:

• Chris Ambassador [15:31]: "Best way is Instagram direct message. My handle is at the one Broker."

• David Green [15:49]: "Send me a DM or go to DavidGreen24.com and use the chat option to get a hold of me and let me know what your goals are with real estate and how I can help you."

Key Takeaways

1. Political Influence on Mortgage Rates: The episode highlights how political actions and statements, such as Trump's handwritten note to Powell, can influence public perception and potentially impact mortgage rates.

2. Federal Reserve's Conservative Approach: Jerome Powell's cautious stance on lowering interest rates reflects a broader strategy to manage inflation and unemployment without overreacting to current economic indicators.

3. Real Estate Market Strategies: Innovative solutions are proposed to stabilize the housing market, including decoupling mortgage rates from Federal Reserve policies and incentivizing refinancing and property transfers.

4. Economic and Political Interplay: The discussion underscores the complex relationship between economic policies, political maneuvers, and their tangible effects on the real estate sector.

Conclusion

In this engaging episode of Real Talk Real Estate with David Greene, listeners gain a nuanced understanding of the delicate balance between political actions and economic policies, particularly concerning mortgage rates and the broader real estate market. David and Chris provide insightful analysis, practical solutions, and encourage active engagement, making this episode a valuable resource for real estate enthusiasts and professionals alike.

Stay Connected:

• Chris Ambassador: Follow on Instagram @the1brokerage the1brokerage.com
• David Green: Connect on social media @DavidGreen24 or visit DavidGreen24.com for personalized real estate support.