SUMMARY: The Producer Price Index comes in much hotter than expected, new housing data is underwhelming, retail sales are much hotter than expected, home builder confidence sees a decade-high jump, and mortgage rates jump for the second straight week.

Sources:

• Housing & Inflation Data Disappoints
• Inflation Data Disappoints
• Mortgage Rates Increase For Second Week
• Retail Sales Jump Even More Than Expected
• Home Builder Confidence Reports Biggest Jump In A Decade

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