Ep. 29 | Bad Consumer Data is Good for Mortgage Rates

Retail sales were unexpectedly flat in December and were down year-over-year when adjusted for inflation. Total household debt rose along with delinquencies, but it was not as bad as some want you to think. Slower consumer spending could lead to looser monetary policy and lower rates. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com