Cape Fear Report

Ep. 178 | A Diamond Jubilee For The Fed


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SUMMARY: The Fed announces a 75 basis point hike to the fed funds rate and Chairman Powell talks the housing market, mortgage demand was up for the first time in 5 weeks, and homebuilder confidence fell more than expected to a low not seen since the pandemic but looks can be deceiving...

Sources:

  • The Announces 75 Bip Hike
  • Homebuilder Confidence Falls More Than Expected
  • Mortgage Demand Up For The First Time In 5 Weeks

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

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Cape Fear ReportBy Wilmington Mortgage

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