Mike Simon
@mikesimon.bsky.social
Phoenix Native, following finance and real estate. 20+ yr mortgage professional. Personal Acct.
Reposted by Mike Simon
Ahh, I was wondering why people were talking about a $140,000 poverty line, and now I see where that came from. That guy has always sucked.
November 25, 2025 at 2:14 PM
Ahh, I was wondering why people were talking about a $140,000 poverty line, and now I see where that came from. That guy has always sucked.
Reposted by Mike Simon
I've had a missile blow up next to my airplane, been shot at dozens of times by anti-aircraft fire, and launched into orbit — all for my country. I never thought I'd see a President call for my execution.
Trump doesn’t understand the Constitution, and we're all less safe for it.
Trump doesn’t understand the Constitution, and we're all less safe for it.
November 20, 2025 at 8:40 PM
I've had a missile blow up next to my airplane, been shot at dozens of times by anti-aircraft fire, and launched into orbit — all for my country. I never thought I'd see a President call for my execution.
Trump doesn’t understand the Constitution, and we're all less safe for it.
Trump doesn’t understand the Constitution, and we're all less safe for it.
Reposted by Mike Simon
Well, at least 1 bitcoin still equals 1 bitcoin
November 20, 2025 at 7:31 PM
Well, at least 1 bitcoin still equals 1 bitcoin
Reposted by Mike Simon
Normal country eliminating .01 coin: here are the straightforward rules on rounding transactions to the nearest .05 increment
USA: Here’s a safe harbor exception that may or may not hold up, good luck idiots
USA: Here’s a safe harbor exception that may or may not hold up, good luck idiots
November 14, 2025 at 2:57 PM
Normal country eliminating .01 coin: here are the straightforward rules on rounding transactions to the nearest .05 increment
USA: Here’s a safe harbor exception that may or may not hold up, good luck idiots
USA: Here’s a safe harbor exception that may or may not hold up, good luck idiots
Reposted by Mike Simon
Ahead of Veterans Day, I was honored to welcome a flight of veterans and their families as they arrived in DC.
November 11, 2025 at 1:08 PM
Ahead of Veterans Day, I was honored to welcome a flight of veterans and their families as they arrived in DC.
Reposted by Mike Simon
"Why I'm handing in my Pentagon press pass" by Tom Bowman of NPR. www.npr.org/2025/10/14/g... Recommended.
A thing frequently forgotten or ignored is that journalism is one of the few professions people will die for. [Via @brianstelter.bsky.social ]
A thing frequently forgotten or ignored is that journalism is one of the few professions people will die for. [Via @brianstelter.bsky.social ]
Opinion: Why I'm handing in my Pentagon press pass
Tom Bowman has held his Pentagon press pass for 28 years. He says the Pentagon's new media policy makes it impossible to be a journalist, which means finding out what's really going on behind the scen...
www.npr.org
October 14, 2025 at 2:59 PM
"Why I'm handing in my Pentagon press pass" by Tom Bowman of NPR. www.npr.org/2025/10/14/g... Recommended.
A thing frequently forgotten or ignored is that journalism is one of the few professions people will die for. [Via @brianstelter.bsky.social ]
A thing frequently forgotten or ignored is that journalism is one of the few professions people will die for. [Via @brianstelter.bsky.social ]
Important.
Note that this was also true in 2013, and would have been true in 2023 if a deal to extend funding hadn't been reached in time. Here's the story I did back then: www.nytimes.com/2023/09/28/b...
One Casualty of a Shutdown: Government Data (Published 2023)
www.nytimes.com
September 29, 2025 at 3:30 PM
Important.
Reposted by Mike Simon
Reposted by Mike Simon
Amazing photo of the Cougar Shadow on the Superstition Mountains taken by Jack Olson, an Apache Junction resident. He took this photo Sunday, September 14 at 6:24 p.m. The shadow can be seen on certain days, twice a year in March and September. Shared with his permission.
September 16, 2025 at 8:56 PM
Amazing photo of the Cougar Shadow on the Superstition Mountains taken by Jack Olson, an Apache Junction resident. He took this photo Sunday, September 14 at 6:24 p.m. The shadow can be seen on certain days, twice a year in March and September. Shared with his permission.
30-yr mortgage rates remain at their lowest levels since late 2024. While still above 2022 lows, this marks meaningful relief from the 7s seen last fall.
August 27, 2025 at 4:25 PM
30-yr mortgage rates remain at their lowest levels since late 2024. While still above 2022 lows, this marks meaningful relief from the 7s seen last fall.
Univ. of Michigan consumer sentiment slipped, but inflation expectations rose—bad news for mortgage rates. Earlier this week may have been the bottom for 2025, with retail earnings next week adding more headwinds.
August 15, 2025 at 4:19 PM
Univ. of Michigan consumer sentiment slipped, but inflation expectations rose—bad news for mortgage rates. Earlier this week may have been the bottom for 2025, with retail earnings next week adding more headwinds.
Not sure why this is bad news? Although those 70-year-olds are sellers!
"There are now more homebuyers over age 70 than under 35," per FORTUNE.
August 14, 2025 at 8:29 PM
Not sure why this is bad news? Although those 70-year-olds are sellers!
Not great news, PPI jumped and so are bond yields… doesn’t look like mortgage rates will continue to drop. May even see a bounce back up.
August 14, 2025 at 3:48 PM
Not great news, PPI jumped and so are bond yields… doesn’t look like mortgage rates will continue to drop. May even see a bounce back up.
Best post I’ve read regarding today’s CPI numbers
Good news. Inflation comes in as expected with more drag from shelter costs. Rents are cooling and hotel room rates continued to plummet in July.
The sticking point is the Core CPI, which was up 0.3% but rounded to a 3.1% gain from a year ago. Highest since Feb.
The sticking point is the Core CPI, which was up 0.3% but rounded to a 3.1% gain from a year ago. Highest since Feb.
August 12, 2025 at 3:38 PM
Best post I’ve read regarding today’s CPI numbers
Not an Ackman fan, but probably not a bad idea. Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac - www.reuters.com/business/fin...
Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.
www.reuters.com
August 11, 2025 at 3:02 AM
Not an Ackman fan, but probably not a bad idea. Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac - www.reuters.com/business/fin...