The Monday Show

SUMMARY: Mortgage rates hit a 22-month high, PPI data shows inflation isn't going anywhere anytime soon, and foreclosure fall to an all-time low.

Source

• Mortgage Rates Jump to a 22-Month High
• Inflation Continues
• Foreclosures Fall to an All-Time Low

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: Inflation data is out and it is as expected, which means not good, as the index jumps 7% with food and energy seeing even higher numbers, mortgage demand is up to start the year, and M. Nolan Gray at The Atlantic says we have to stop fetishizing old homes.

Source

• Inflation Hits 7% To End The Year
• Mortgage Demand Up To Start The Year
• Stop Fetishizing Old Homes

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: My mind is blown after reading Ramesh Ponnuru's latest op-ed that argues housing was the main cause of the 2008 economic collapse, a crazy stat finds 40% of people in Los Angeles have a 7 figure house but only make 5 figures a year, delinquency rates continue to fall, and Jerome Powell testifies on Capitol Hill.

Source

• Housing Bubble?  Not Now & Not Then
• Insane Stat in California
• Delinquency Rates Continue to Fall
• Powell Discusses a Return to Normal

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: It's inflation week and things are not looking good, rate locks drop double-digits in December, and predictions for 2022.

Source

• Rate Lock Volume Falls To End The Year
• It’s Inflation Week, And It Doesn’t Look Good
• Predictions For 2022

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: New report finds that homeownership is more affordable than renting in 58% of the country, initial jobless claims unexpectedly rise during Jobs Report Week, and Mark Zandi writes that the housing market is overvalued but in no way a bubble.

Source

• Homeownership still more affordable than renting...for now
• Jobless Claims Unexpectedly Rise
• Overvalued? Sure.  But a Bubble?  No.
  
  

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: Home price growth in November tied the record high we saw back in August, Quits also jumped back up to an all-time high in November, and Zillow predicts another double-digit growth year.

Source

• Home Price Growth Jumps Back Up
• Quits Hit an All-Time High
• Zillow Predicts 14% Growth in 2022
  
  

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: Construction spending increases but the real boom is in single-family construction, Conor Sen explains why a shrinking population will not help make housing more affordable, and a historic preservation society fights to save a *checks notes* mall?

Source

• Construction Spending Up In November
• CONOR SEN: U.S. Housing Crisis Only Gets Worse as Population Shrinks
• SAVE THE MALL
  
  

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

The Fed announces a double of tapering and more rates hikes (possibly) to deal with inflation, Homebuilder confidence ends the year strong especially in the South, and retail sales were positive but failed to meet expectations.

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

It's the Big 1-0-0!  We discuss how millennials are dominating the housing market, PPI shows inflation ain't going anywhere, and the future of Markets & Mortgages!

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

Total rate locks fall in November but credit scores and purchases remain strong, we explain why home prices are up 20% but shelter inflation is still under 5%, and Hawaii's luxury market is booming

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