WDAC Podcasts

At one point or another, many of us have adjusted our diet in pursuit of goals like weight loss, cholesterol reduction, or some other physical need. But Dr. Tony Evans points out that our eating habits can have profound benefits for our spiritual health as well.

Many Americans are wondering whether the housing market has finally begun turning a corner—or if uncertainty is still here to stay. After years of elevated mortgage rates, stubbornly low inventory, and affordability concerns, the question feels more relevant than ever.

Today, mortgage expert Dale Vermillion, author of Navigating the Mortgage Maze: The Simple Truth About Financing Your Home, joined the show to weigh in on what the 2026 housing landscape may look like and how today’s buyers and sellers can navigate it with wisdom.

According to Vermillion, the extreme swings of recent years may finally be behind us.

“It isn’t the market of 2020–2021 when rates were in the twos, threes, and fours,” Vermillion explains. “But it’s also certainly not 2008. This is a very normal market.”

He noted that although many think of today’s mortgage rates as high, they are actually below the 30-year average. Inventory is rising, sales are stabilizing, and government attention on housing has increased. Together, these factors point toward a gradual shift into a buyer’s market—a welcome change for those who’ve spent the last few years watching listings disappear before they could schedule a tour.

A common frustration remains: if rates have risen, why haven’t prices fallen faster?

The answer is complex. While price increases largely flattened this year (+0.7%), Vermillion notes that the market remains regional rather than national. Certain areas have softened, but not enough to drive a nationwide price reset.

A major reason: the “lock-in effect.” Millions of homeowners refinanced below 3% in 2020–21 and weren’t willing to trade those rates for a higher one. But as Vermillion observes, that dynamic is fading. For the first time in years, more loans now exist above 6% than below 3%, allowing inventory to loosen.

Even though the Federal Reserve has been cutting rates, mortgage rates haven’t always followed. That’s because mortgage rates are tied more closely to the bond market, inflation data, and job reports—not directly to the Fed’s benchmark rate.

Another overlooked factor: mortgage-backed securities (MBS). When the government increases MBS purchases, mortgage rates often decline more reliably than when the Fed cuts consumer rates.

The emotional side of the housing market can’t be ignored. The bidding wars of 2020–21 left many would-be buyers discouraged. But Vermillion believes attitudes are shifting:

“Inventory is up from roughly 450,000 units nationally early last year to over a million now. So from a buyer standpoint, it’s time to be encouraged again.”

With more sellers re-entering the market, buyers have choice again—and choice increases leverage.

Vermillion stressed that affordability challenges today are driven as much by property taxes and insurance costs as by mortgage rates. Homeowners in several states have seen insurance premiums and assessments climb dramatically—sometimes outpacing wage growth.

For aspiring first-time buyers, budgeting remains the first step. Vermillion’s advice: determine what you can afford before visiting a lender, rather than letting a lender tell you what qualifies on paper.

A true pre-approval involves:

• A full application
• Credit check
• Income verification
• Documentation of deb

Visit www.joniradio.org for more inspiration and encouragement!

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Tired of pouring thousands into travel teams, private coaches, and endless weekends—only to watch your child's joy disappear? Research shows the more money and pressure parents invest, the less kids actually enjoy sports. Brian Smith and Ed Uszynski, authors of Away Game: A Christian Parent's Guide to Navigating Youth Sports, expose the $50B+ industrial complex fueling fear and youth sports burnout. Discover how to break free, reclaim fun, and turn games into real character-building moments—without chasing scholarships or status.

Show Notes and Resources

• Helpful tools and encouragement for parents available at FamilyLife.com/parentinghelp
• "Away Game" by Ed Uszynski and Brian Smith — a thoughtful look at youth sports, identity, and what really matters for families is available at your favorite bookstore. 

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Matt and Lisa Jacobson share some simple and effective ideas for showing love to your kids.  You may say the words “I love you” all the time, but do your kids know how much you LIKE them? Parents need to be intentional about spending time, showing affection, and respecting their children.

Receive 100 Ways to Love Your Daughter, 100 Ways to Love Your Son -- or a bundle of both -- plus an audio download of the broadcast "Simple Ways to Show Your Child Love" for your donation of any amount!

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