Cape Fear Report

Ep. 290 | Consumer Confidence Jumps to a two-year high before the Fed decision...


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SUMMARY: All eyes are on the Fed as the FOMC will announce a likely 25 basis point increase to the federal funds rate, home prices climb for the fourth straight month despite home prices falling year-over-year, consumer confidence rises to a two-year high, and mortgage demand falls for the first time in three weeks...

NOTES:

  • Home Prices Continue to Fall in May
  • Consumer Confidence Jumps to Two-Year High
  • Mortgage Demand Falls as Rates Stay Elevated
  • BLOOMBERG: Who Wants to Keep Hiking Rates and Who Doesn’t? Breaking Down the Fed’s Views

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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