SUMMARY: After a contenious budget workshop, New Hanover County Comissioners voted 3-2 to lower the property tax rate to 30.6 cents, down from the current 45 cents, but will still be a 5% increaese in property tax bills. It was a good week for bond rates despite a slight uptick after Israel attacked Iran Thursday night. Two good inflation reports (CPI & PPI) and two solid bond auctions (10YR & 30Y) caused a slight bond rally this week, pushing down rates.
DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
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