SUMMARY: Despite predictions of inventory armageddon housing inventory levels have now fallen for the second week in a row according to Altos Research, rate lock volume plummets in August and is now down 57% year-over-year, and consumers are starting to feel more optimistic about inflation in the near future...

Sources:

• Housing Inventory Falls For Second Week
• Rate Lock Volume Down Almost 9.0% In August
• Consumer Inflation Concerns Fall For Second Month

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