The Monday Show

SUMMARY: Existing-home sales fall as expected while prices hit a new record and mortgage demand falls for the 6th straight week as rates continue to rise...

Source

• Existing-Home Sales Fall 2.7%
• Mortgage Demand Falls For the 6th Week in a Row

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

SUMMARY: Homebuilder confidence falls for the 4th straight month, Jonathan Levin argues to watch the Midwest for signs of a slowdown, and HOA's find a way to be even worse by trying to block investment properties...

Source

• More HOAs Look To Block Investors From Buying Homes
• Homebuilder Confidence Falls For Fourth Straight Month
• LEVIN: Housing Market Fever Starts to Break in Boise

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

SUMMARY: The Dallas Fed is worried about a FOMO bubble forming, total mortgage demand falls as rates jump but purchase demand was actually up for the week, and private payrolls were up more than expected in March...

Source

• The FOMO Bubble
• Mortgage Demand Falls For The Third Straight Week
• Private Payrolls Beat Expectations

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

SUMMARY: Case-Shiller reports that home prices were up 19.2% to start 2022, a new report finds that real home prices are still 30% cheaper than the housing peak in 2006, and consumer confidence unexpectedly jumps in March...

Source

• Home Prices Jump Back Up to 19.2% to Start 2022
• More Proof it is Not 2008
• Consumer Confidence Increases Slightly

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SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: Apparently a new report finds that spending copious amounts of money during the pandemic could be exacerbating inflation, condo prices rise with demand, and there be a light at the end of this inventory tunnel...

Source

• Apparently Spending Money Causes Inflation
• Condo Prices Jump As Demand Increases
• A Light at the End of the Inventory Tunnel

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SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: Mortgages jump to a 3-year high making home affordability a concern, Fed Governor Christopher Waller speaks about the hot housing market and its future, and jobless claims fall to a 53-year low...

Source

• Mortgage Rates Hit A 3-Year High
• Fed Governor Speaks on Hot Housing Market
• Jobless Claims Fall to a 53-Year Low

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SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: As mortgage rates climb refi demand is falling of cliff but purchases remain strong despite the downward pressure of prices & rates and new home sales unexpectedly fall in February while the South continues its dominance over the other geographic regions...

Source

• Refi Demand Falls 14% as Rates Continue to Rise
• New Home Sales Unexpectedly Fall in February

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SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: It is amazing how quick the 50 bip rate hike seems to have become a consensus, is panic buying causing buyer's remorse, and is a housing slowdown on the horizon?

Source

• Is a Slowdown in Housing on the Horizon
• Is Panic Buying Causing Buyer's Remorse
• 50 Bip Hike Becomes Consensus

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SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: Finally the Fed announces a 25 basis point hike as everyone expected, homebuilder confidence falls for the third straight month, and mortgage demand falls for the week...

Source

• Fed Announces 25 Basis Point Hike
• Homebuilder Confidence Falls For Third Straight Month
• Mortgage Demand Falls Slightly For The Week

But wait, there's more...
SIGN UP: Markets & Mortgages  Morning Newsletter

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

SUMMARY: Rents jump 12.6% year-over-year ( a 16-year high) with Miami seeing an astronomical jump and producer prices jumped 10% in February...

Source

• Rent Prices Continue to Rise in 2022
• Producer Prices Jump 10%

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SIGN UP: Markets & Mortgages  Morning Newsletter

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