Mortgage Market Update - Existing Home Sales, Jobless Claims, and a Recession Indicator - 11/27/2023
Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of November 20, 2023, in Review:
It was a quiet week ahead of the Thanksgiving holiday, but the markets gobbled up the latest news on Existing Home Sales and Jobless Claims. Plus, find out what a key recession indicator is signaling. Here are the highlights:
- Hope Ahead for Housing Inventory?
- Weekly Jobless Claims Decline More Than Expected
- What an Important Recession Indicator Is Saying
00:00 Introduction
00:26 Encompass Platform Update
00:49 Existing Home Sales
01:27 Jobless Claims
05:03 Recession Indicator
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