The Monday Show

SUMMARY: Rate lock volume falls in February caused entirely by a drop in refis as purchases were up for the month and cash is still king in real estate...

Source

• Rate Lock Volume Falls in February
• Cash Is King Even With Inflation

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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: It was a great decade to be a homeowner as homeowner wealth increased by $8.2 trillion between 2010-2020 and mortgage demand increased for the week as rates fell slightly...

Source

• It Was A Good Decade For Homeowners
• Mortgage Demands Jumps As Rates Fall

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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: 6,000 homes have sold for $100,000 over the asking price in just the last two months and mortgage delinquencies hit an all-time low...

Source

• Homes Selling $100k Above Asking Double In 2022
• Delinquencies Fall To An All-Time Low

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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: Loan originations hit a new record in 2021 at $4.4 trillion and home prices and rents rise to start March...

Source

• Loan Originations Hit Record $4.4T in 2021
• Rent & Home Prices Up To Start March

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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: Mortgage rates fall for the second week in a row, mortgage volume falls in the Q4 of 2021, and jobless claims fall more than expected...

Source

• Mortgage Rates Fall Along With Volume
• Jobless Claims Fall More Than Expected

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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: Home price increases hit a 45-year high in January with 19.1% year-over-year growth and construction spending beats estimates by a lot as single-family spending jumps 15.4% y-o-y...

Source

• Home Prices Increase At Fastest Pace In 45-Years
• Construction Spending Up To Start The Year

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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: Inventories levels remain at historic lows pushing prices up, investors debate what a Fed balance sheet trimming will look like, and Fed President Raphael Bostic is still undecided the size of the rate hike in March...

Source

• Investors Debate What Fed's Balance Sheet Trimming Will Look Like
• Bostic Still Undecided On Rate Hike
• No Cool Off In Sight

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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: Pending home sales fell to start the year and inflation, once again, was hotter than expected...

Source

• Pending Home Sales Fall To Start The Year
• Inflation, Once Again, Hotter Than Expected

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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: New home sales fall to start the year and are off almost 20% year-over-year and continuing claims fall to the lowest levels we have seen in 50 years...

Source

• New Home Sales Fall To Start The Year
• Continuing Claims Fall To Lowest Level In 50 Years

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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: After a slight dip home price appreciation ticked up in December according to the Case-Shiller Index and FHFA Home Price Index and consumer confidence fell in February but not as much as expected...

Source

• Home Price Appreciation Is Back On The Rise
• Consumer Confidence Falls 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