Mortgage Market Update - Key Inflation Measure Below 3%, New Home Sales, & Jobless Claims Move Higher - 1/29/24
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Hey everyone, it's Larry Bailey. This is for the Week of January 22, 2024, in Review:
Inflation continues to move lower towards the Fed’s 2% target, while declining mortgage rates boosted signed contracts on new and existing homes in December. Here are the latest headlines:
Key Inflation Measure Below 3%
New Home Sales End 2023 on High Note
Pending Home Sales Surged in…
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