Cape Fear Report

Ep. 278 | Inflation Data Better Than Expected


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SUMMARY: Consumer prices in May slowed more than expected with the headline number falling to 4.0%, rate lock volume jumped over 14% in May, and housing inventory rose for the 8th straight week.

  • CPI Report Shows Inflation Has Been Cut in Half From Last Year’s Peak
  • Rate Locks Rise in May Despite Jump in Rates
  • Housing Inventory Rose For the 8th Straight Month

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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