Mastering Encompass®

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 December
  • Fourth Quarter GDP Better Than Expected
  • Jobless Claims Move Higher

00:00 Introduction
04:16 New Home Sales
07:44 Fourth Quarter GDP
10:28 Chocolate Mousse Recipe, Upcoming Economic Data

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Mastering Encompass®By Larry Bailey