Feb. Home Sales Up… Can It Last?

In today’s episode of Today in Mortgages, Michael and Rich break down February’s surprisingly positive pending home sales numbers, why March could reverse the trend, and what loan officers should be paying close attention to as buying season kicks off.

We cover:

• February’s 1.8% national increase in pending home sales and where the bright spots are
• How global conflict and hot inflation data (PPI) are driving rates back up
• Why refinance applications surged — and then dropped off a cliff
• What’s happening with purchase demand heading into spring
• How rate volatility is shaping the “new normal”
• Why pent‑up buyer demand still gives long‑term hope

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.