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Mortgage Market Update - Big Rebound in New Home Sales and Third Quarter GDP Better Than Expected - 10/31/2023
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Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of October 23, 2023, in Review:
Consumer inflation continued to inch lower in September, while signed contracts for new and existing homes were better than expected, showing resiliency in the housing market. Read on for last week’s headlines:
- Inflation Inching Lower
- Pending Home Sales Perk Up in September
- Big Rebound in New Home Sales
- Third Quarter GDP Better Than Expected
- Jobless Claims Suggest Slowdown in Hiring
00:00 Introduction
01:37 Inflation Update
03:33 Pending Home Sales
04:33 New Home Sales
06:26 Third Quarter GDP
08:19 Jobless Claims Update
09:16 Peanut Butter Recipe
10:19 Upcoming Events
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