Mortgage Market Update - Key Inflation Measure Below 3%, New Home Sales, & Jobless Claims Move Higher - 1/29/24

30/01/2024 14 min
Mortgage Market Update - Key Inflation Measure Below 3%, New Home Sales, & Jobless Claims Move Higher - 1/29/24

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Episode Synopsis

Let us know what questions you have. Give us feedback too.🎧 This is the audio-only version of our podcast! To watch the full video with screen sharing, visit https://masteringencompass.com — it’s completely free to join!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 NotePending Home Sales Surged in DecemberFourth Quarter GDP Better Than ExpectedJobless Claims Move Higher00:00 Introduction04:16 New Home Sales07:44 Fourth Quarter GDP10:28 Chocolate Mousse Recipe, Upcoming Economic DataTo subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. Larry Bailey - Your Community Advocate© 2025 Mortgage Workflow Partners Inc. All Rights Reserved.