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Podcast: Mastering Encompass® by Mortgage Workflow Partners Inc. (old)
Episode: Mortgage Market Updates: Will the Fed Prolong Higher Rates? Housing Inventory & Unemployment Updates - Market Update 9/25/2023
Description: Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of September 18, 2023 in Review:The Fed held its benchmark Fed Funds Rate steady, though there are signs that a higher for longer approach is ahead. Plus, elevated mortgage rates and tight inventory remain key factors impacting the housing market. Read on for last week’s stories:Will the Fed Keep Rates Higher for Longer?Inventory of Existing Homes Needs to “Double”Housing Starts Plunge to 2-year LowsHigher Rates Dampen Home Builder SentimentIs a Rise in Unemployment Claims Ahead?00:00 Introduction02...