How inflation is impacting mortgage rates
Summary
Host Sarah Wheeler and lead analyst Logan Motoshami discuss recent PPI inflation data, noting that while commodity prices are rising, mortgage rates remain stable due to favorable spreads. They analyze positive purchase application trends, emphasizing that data contradicts "doom porn" narratives about a housing crash. The conversation also covers the Federal Reserve’s policy stalemate, the confirmation of Kevin Warsh, and the impact of geopolitical conflicts on oil prices and interest rates.
Topics discussed
Sponsor message: ICE Mortgage Technology
Intro and Logan's squirrel rescue story
PPI inflation report and 10-year yield analysis
Mortgage purchase application data trends
Wage growth, affordability, and rate thresholds
Data vs. doom porn and market narratives
Weekly trackers and housing market equilibrium
Sponsor message: America's Federal Research Institutions
Fed stalemate, rate hikes, and Kevin Warsh
Warsh nomination and political impacts on rates
Sponsor message: Estate Agent Growth
Understanding mortgage spreads and historical context
Upcoming conferences and closing banter
Outro and Housing Wire AI Summit promo
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