Morning Roundup (2/14/2023) — Fall In Love With Minimalist Homes

Good Morning! Today is Tuesday, February 14. Happy Valentine’s Day. A gunman killed three people and wounded five at Michigan State University. President Biden fired the Capitol’s top facilities official, who stayed away from the building during the Jan. 6 attack. A man drove a U-Haul truck onto sidewalks in Brooklyn, killing one person and striking eight others.

The Mortgage Note Reports

Fall In Love: Interest in minimalism has increased, and people who want to embrace that lifestyle could find themselves at home in one of the cities listed in a recent analysis. Editor Kimberley Haas has the story.

Allen At 1st Security: Security specialist Shana Allen has been promoted from Chief Information Officer to Executive VP of 1st Security Bank.

Deephaven Exec: Deephaven Mortgage has hired former Guaranteed Rate exec Aaron Drago as its new Chief Operating Officer.

TMN Presents: The Mortgage Meltdown Meter, a collection of articles from the market correction, updated daily. Click here to stay on top of the changing landscape.


In other mortgage and housing news…

CPI: Inflation rose in January by 0.5% following a 0.1% increase in December, according to the consumer price index report.

Love In The Air, And The Home: serves up five examples of love finding its way into the buying process.

Love Or Money?: 63% of people who have moved in with a romantic partner said that their decision was impacted by finances, especially younger couples.

Record Lending: Bank of America says it provided a record $7.85 billion in lending and investing in 2022 through its affordable housing financing solutions.

Higher Rates Coming?: Homebuyers are more resilient than expected, so costs will have to rise again to choke off demand to bring inflation down to the Fed’s target.

State Of Housing: President Biden barely mentioned the housing market in his State of the Union address. What’s next for buyers and renters?