SUMMARY: Mortgage rates hit a 33-month high and housing starts were disappointing but building permits were promising in January...

Source

• Mortgage Rates Hit 33-Month High
• Housing Starts Fell More Than Expected To Start The Year

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Inflation concerns escalated as the Producer Price Index came in hotter than expected and politicians are looking to make it worse, rent growth hit a 16-year high in December, and the New York Times reports on the garage door nightmare...

Source

• Producer Prices Climb While Politicians Double Down
• Rent Growth Hit A 16-Year High in December
• The Garage Door Nightmare
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Rate lock volume jumped in January thanks to a big increase in purchases, consumer expectations for inflation fell for the first time in 16 months, and will commercial real estate in 2022 produce greenbacks or a bloodbath?

Source

• Rate Lock Volume Up To Start The Year
• Consumer Inflation Expectations Fall To Start The Year
• Commercial/Multi-Family Lending To Hit $1T in 2022
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Thanks to rising home prices and rates the monthly mortgage payment hit an all-time high last week, Zillow lost $881 million trying to flip homes in 2021, and with inventory levels at all-time lows, all eyes will be on housing starts data out on Thursday...

Source

• Monthly Mortgage Payments Hit All-Time High
• Zillow Was $811 Million Dollars Bad At Home Flipping
• Happening This Week
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: January's CPI beats expectations with 7.5% year-over-year price growth that puts a 50 bps hike in March back on the table and mortgage rates hit a 25-month high and are now almost a full point higher than one year ago...

Source

• Inflation Coming In Hot
• Mortgage Rates Hit A 25-Month High
• Vacation Homes Are Still Hot
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Household debt hits an all-time high in Q4 of 2021, the trade deficit also hits an all-time to end 2021, and wave bye-bye to a 50 bip hike

Source

• Record Borrowing In 2021
• Trade Deficit Ends 2021 At Record Level
• Bye-Bye 50 Bips
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Tappable equity almost hits $10 trillion, those who think it is a good time to buy hits a record low, and the middle-class is being priced out of the housing market... 

Source

• Tappable Equity Almost Hits $10 Trillion
• Record-Low Think Buying A Home Is A Good Idea
• The Middle-Class Is Getting Priced Out
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: January jobs report is way better than expected, over 40% of homeowners are now equity-rich, and we got CPI data later this week...

Source

• Great Jobs Report To Start The Year
• Over 40% Of Properties Are Equity-Rich In Q4 
• Happening This Week
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Mortgage rates stall for the week, jobless claims beat expectations, and the era of free money appears to be coming to an end...

Source

• Mortgage Rates Continue to Hold
• Jobless Claims Fall More Than Expected
• The Era of Free Money Comes To An End
  
  

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

SUMMARY: Mortgage demand jumps 12% thanks to a big jump in refi demand and the economy loses 300,000 jobs in January...

Source

• Mortgage Demand Jumps 12%
• Economy Loses 300k Jobs in January

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DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201