• FED Makes BIG Rate Cuts

  • Sep 26 2024
  • Duración: 13 m
  • Podcast

FED Makes BIG Rate Cuts

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    Hey everyone, it's Larry Bailey. This is the market review for the week of September 16, 2024.

    The Fed started its rate-cutting cycle with an aggressive move, while housing construction ramped up in August due in large part to lower mortgage rates. Here are the headlines:

    • Fed Cuts Rates 50 Basis Points
    • Existing Home Sales Slip
    • Home Builder Confidence Rises After 4-Month Skid
    • August Sees Surge in Single-family Home Building
    • Continuing Jobless Claims Reflect Hiring Slowdown

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    Larry Bailey - Your Community Advocate
    © 2024 Mortgage Workflow Partners Inc. All Rights Reserved.
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