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: Realtor.com 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?