SUMMARY: Bonds sell off thanks to Moody's downgrading US debt from AAA to AA1, Residential construction is mixed in the South in April, and it looks like a toll might be the only option for the Cape Fear Memorial Bridge replacement...

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

SUMMARY: Rates rise despite a solid inflation that showed price growth slowing to a 4-year low and despite seeing more revenue from tariffs the budget deficit continues to outpace last years spending...

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

SUMMARY: An announced US-China trade agreement to lower tariffs caused a big sell-off of bonds as investors rushed to equities, Wilmington home price growth slowed in the first quarter, and this week its all about US consumers ...

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

SUMMARY: The Federal Reserve held rates and Chairman Jerome Powell says the future is uncertain but the Fed is prepared to move if needed...

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

SUMMARY: Housing inventory in Wilmington hits a 5-year high, rates hold for the first two trading days as markets prepare for today's Fed decision, and the US trade deficit surged in March... 

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

SUMMARY: Bond yields fall to start the week thanks to weak consumer confidence, a cooling labor market, and a negative GDP print, all to start the week.  Also noteworthy, President Trump was slightly critical of the job performance of Jerome Powell at his 100-Day rally last night and Wilmington's unemployment rate falls for the second straight month.

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

SUMMARY: Wilmington's housing market heats up in March, President Trump says he's not worried about the bond market and there's no red line on tariffs, consumer sentiment falls pushing down rates ahead of a busy week for data...

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

SUMMARY: President Donald Trump reassures markets that he won't fire Jerome Powell and that Chinese tariffs will be lowered, the IMF lowers projections for US and global growth, and the scary part of this economic downturn

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

SUMMARY: President Trump attacks Federal Reserve Chairman Jerome Powell but stops short of calling for him to resign, housing starts plummet in the South but there is still some optimism, and almost a quarter of Americans are scrapping plans to buy a home because of tariffs...

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

SUMMARY: A sell-off in equities and in bonds has some wondering if the bond market is broken, a horrible consumer survey causes rates to climb, and this week it is all about housing construction...

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