The Monday Show

SUMMARY: Existing home sales have jumped to the second highest level in the last year, Trump has shaken up Fannie & Freddie, and markets are preparing for consumer and inflation data.

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 a Fed Day and while the rate decision might not matter the forward guidance definitely will, housing starts skyrocket in February while homebuilder confidence falls in March as tariff uncertainty hits home builders, and retail sales fall as consumer pullback spending because of higher prices

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

SUMMARY: The housing market is still 3.8 million homes underbuilt despite a building boom in some areas, consumer prices growth is slower than expected, and job openings unexpectedly rose in January.  

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

SUMMARY:  Markets in the red again over fears of an economic slowdown, Fed Chair Jerome Powell says the economy is strong and is in a wait & see mode to determine future monetary policy, February's jobs report is slightly dissapointing, and this week it is all about inflation...

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

SUMMARY: Home buying is still a difficult endeavor in New Hanover County despite a slight improvement, higher prices appear to be impacting consumer spending, and it is jobs week!

GO DEEPER:

• New Hanover County is the 18th Worst Place to Buy a Home in the Country
• Inflation, Once Again, Impacting Consumers
• It's Jobs Week

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

SUMMARY: Bond yields are down 50 basis points in one month as uncertainty about the economy pushes consumer confidence down, home price growth in Wilmington outperforms the state and region, and the property tax rate debate begins in New Hanover County...

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

SUMMARY: Housing starts plummet in the South to start 2025 while homebuilder confidence holds steady, government layoffs hit the mortgage industry, and New Hanover County home price increases are about to impact property taxes...

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

SUMMARY: Retail sales plummet which is good news for rates, Goldfarb explains how Trump could bring down rates, a home lists for almost $13 million in New Hanover County, and this week we have housing data & global inflation...

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

SUMMARY: The first inflation report of 2025 has pricing rising more than expected which caused bind yields to jump, consumer inflation expectations show a mixed picture to start the new year, and home prices in Wilmington hit an all-time high to end the fourth quarter of 2024...

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

SUMMARY: While the economy created fewer jobs than economists expected in January wages jumped more than expected causing inflation concerns to rise, Scott Bessent explains how the Trump administration plans to reduce the term premium that is causing longer-term debt yields to rise, and markets prepare for inflation data and Powell testifying in front long congress this week...

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