U.S. population growth slowed sharply between July 2024 and July 2025, rising just 1.8 million people (0.5 percent) to 341.8 million, the weakest growth since the early pandemic. This was driven primarily by a steep 54 percent drop in net international migration from 2.7 million to 1.3 million (the result of ICE?), while births and deaths remained relatively stable. Growth decelerated across nearly all states and regions, though the Midwest continued a modest resurgence with positive domestic migration for the first time this decade, South Carolina emerged as the fastest-growing state due to strong domestic inflows, and overall trends point to a structurally slower growth trajectory as both migration and natural population increase remain well below historical norms. Do you shift your lending based on demographics? (Today’s podcast can be found here and this week’s ‘casts are sponsored by JazzX, the first true end-to-end AI platform built for mortgage. From application to underwriting, JazzX is a new operating model that helps you scale growth, boost productivity, and transform how your team performs. Hear an interview with Asset Based Lending’s Kevin Rodman on balancing demand across its lending platforms by staying disciplined on risk, adapting to shifting investor behavior, and pursuing sustainable growth in a more cautious market cycle.) Products, Services, and Software for Brokers and Lenders “PlainsCapital Bank National Warehouse Lending, a subsidiary of Hilltop Holdings (NYSE: HTH), is committed to providing mortgage lenders with a sustainable funding source in an uncertain market. With over 30 years’ experience and a well-capitalized, diversified financial holding company, PlainsCapital Bank National Warehouse Lending provides confidence to meet our mortgage lending partners’ funding needs. With exceptional operational performance, and a focus on relationship-driven business geared towards long-term success, we do not dwell on unnecessary fees. With PlainsCapital Bank National Warehouse Lending there are NO non-usage fees, NO application or renewal fees, NO third party due diligence fees or Third Party Doc Custodians and NO interest charged on the day of loan settlement. If you attending the TMBA Annual Convention in Austin, TX and interested in learning more about PlainsCapital Bank National Warehouse Lending please contact Brent Amos or Deric Barnett.”
