The Monday Show

Case-Shiller index shows 16% home price growth in May which was then beat by FHFA's Home Price Index which showed 18% growth.  Consumer Confidence data was also released yesterday showed levels remained elevated but were flat from June to July.

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

CNBC may have jumped the gun declaring the housing boom over because June's new home sales report underwhelmed, loans in forbearance fall for the 21st straight week, and foreign investment into U.S. housing falls to a new low

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

The Biden Administration announces to help homeowners who can't afford their mortgage payments, New data shows this is the worst time to be a first-time homebuyer in decades, and the housing market has gotten so insane that some buyers have decided to just sit this one out

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

NAR's Existing-Homes Sales report shows sales, inventory, and prices were up in June, rental markets snapping back could mean inflation hangs around longer than expected, and jobless claims unexpectedly rise for the week.

Markets & Mortgages.com

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

Couldn't believe my eyes but housing inventory jumped in June according to RE/MAX's latest report, Mortgage demand falls for the week because of volatile rates, and the net worth increases the most for the least wealthy in 2020.

Get more info with the companion newsletter at MarketsandMortgages.com

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

Housing starts jump in June while building permits fall, rents jumped 6.6% in May but it's not as bad as it seems, and Billings, Montana is ranked number one in the quarterly WSJ/Realtor.com Emerging Housing Markets Index

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

Nick Sargen at Forbes argues the housing market is not a bubble, mortgage rate locks increase in June, loans in forbearance fall for the 18th straight week, and could the push to end globalization cause prices to spike.

Read the Markets & Mortgages companion newsletter

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

Could the hot housing market cause the rest of the economy to cool?  Rents are starting to rise in smaller cities which just so happens to be the chosen destination for those who sell their houses for a ton of cash in bigger cities.

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

Consumer debt is back, Mortgage rates fell for the second straight week, jobless claims jumped slightly, and could the U.S. see a 4-day workweek?

Read about all these stories in the companion newsletter

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

Home prices jump 15.4% in May, loans in forbearance fall under 2 million, and the hot housing market didn't cause the home affordability problems it just exacerbated it.

Read about all these stories in the companion newsletter

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