SUMMARY: Consumer price growth slowed in January but not as much as economists were expecting thanks to a big jump in housing costs as well as food and energy prices, rate lock volume jumps over 30% in January showing resiliency for the mortgage industry, housing inventory defy expectations and continue to fall, and Conor Sen writes that higher rates might be in the housing markets best interest...

Sources:

• Slowing Price Growth Slowed
• Mortgage Demand Jumps To Start 2023
• Higher Mortgage Rates Is What the Housing Market Needs Now

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