Cape Fear Report Tyler Cralle

SUMMARY: Big jobs report out today so we recap the labor market reports earlier this week, mortgage rates fall under 7.0%, Europe cuts interest rates, and meme stocks are memeing...SHOW NOTES:Initial Jobless Claims Rise for the 3rd Straight WeekEuropean Central Bank Cuts Rates for the First Time Since 2019Mortgage Rates Fall Back Under 7.0%GameStop shares jump more than 40% as ‘Roaring Kitty’ schedules YouTube livestream for FridayDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal hous...

SUMMARY: Job openings fall more than expected in April, manufacturing activity unexpectedly falls in May, construction spending unexpectedly falls, and home price growth slows for the 3rd straight month...SHOW NOTES:Job Openings Fall More Than ExpectedManufacturing Activity Unexpectedly Slowed in MayConstruction Spending Unexpectedly Fell in AprilHome Price Growth Slowed for the 3rd Straight MonthDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for inf...

SUMMARY: Welcome to the Cape Fear Report the new and slightly different version of Markets & Mortgages). On today's show we discuss the latest PCE report that was good news, the slight cooling in the Wilmington housing market, and the busy jobs week ahead...READ MORE:Fed’s Preferred Inflation Gauge Holds Steady in AprilWilmington’s Housing Market Heats Up Slightly in MayIt's Jobs WeekDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for ...

SUMMARY: We explain why it is not true that only half of Americans can afford a $250k home, Federal Reserve 2023 survey finds a big price variance between homebuyers now and pre-2022, Fed Vice Philip Jefferson talks housing, and new construction keeps inventory levels from falling...SHOW NOTES:Nearly Half of US Households Can’t Afford a $250,000 Home Is Not Entirely AccurateHomeowners Who Bought Pre-2022 Are Saving Over $8,000 A YearThe Fed Vice Chair Talks HousingShare of Newly Built Single-...

SUMMARY: Inflation data in April is mixed and retail sales are flat and the markets like it, homebuilder confidence falls as residential construction data is mixed...SHOW NOTES:Consumer Prices Slightly Hotter Than Expected in AprilRetail Sales are Unexpectedly Flat in AprilHomebuilder Confidence Falls Back Into Negative Territory in MayResidential Construction Dissapoints in AprilDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purpos...

SUMMARY: Producer prices rise more than expected, Powell says rates will stay higher for longer, credit cards are becoming a problem for consumers, and Bien jumps on the tariff train...SHOW NOTES:Producer Prices Jump More Than Expected in AprilPowell Doubles Down on Higher for LongerHousehold Debt Rises to $17.7TPresident Biden Announces New TariffsDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle ...