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CPI data shows that inflation remains elevated in July, Mortgage demand is up for the week thanks to low rates, and bidding wars aren't just for buyers anymore.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Serious delinquencies fall to a pandemic low, productivity slows in Q2 but is now above pre-pandemic levels, and new data suggests the housing market could be losing some of the crazy
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
June's job openings hit an all-time high, loans in forbearance fall for the 23rd week in a row, and rate locks jump in June
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
July's Jobs report beats expectations and has economists feeling good about economic recovery, New data from Redfin shows signs the hot housing market could be cooling, and bad news on the housing inventory front as this shortage could last a decade.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Home equity skyrockets in Q2 & homes seriously underwater continue to dwindle, Jobless claims drop as expected, mortgage rates continue to fall, and the trade deficit increase in June.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
The ADP jobs report is less than half of what was expected, mortgage demand falls for the week, and lawmakers are concerned about rising rents and home prices
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
The CDC announces a new eviction moratorium that looks very similar to the old one, Home prices jump 17.2% in June, and household debt rose in Q2 but its not as bad as headlines would suggest.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Construction spending increased slightly in June, loans in forbearance fell for the 22nd straight week, and tenants in the South could be the hardest hit by the eviction moratorium expiring.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Whole lotta news on this Friday morning. Pending homes sales fall for the month and missed forecasts, GDP first estimates for Q2 were high but missed also missed expectations, and home profit margins fell in the second quarter even though profits were up from Q1.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
A new mortgage financial product has people thinking credit default swaps and 2008 are coming back, mortgage demand jumps for the week, and The Fed announces no changes but is the Fed more optimistic about the economy than the rest of the government?
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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