Weekly Mortgage and Financial Market newsletter 4-22-2024

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Week of April 15, 2024 in Review

Despite a pullback in sales and construction, the housing sector is showing signs of strength heading into the spring buying season. Plus, Fed Chair Jerome Powell gave some hints about what may be ahead for rate cuts. Read on for these stories and more:

 

▪        Existing Home Sales Slip

▪        Home Builder Sentiment Holds Steady

▪        Housing Starts Slide in March

▪        Rates Higher for Longer

▪        Continuing Unemployment Claims Remain Above 1.8 Million

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"Warm, responsive, knowledgeable, reliable, and smart"

joel robert p

"Ric is so knowledgable and helpful. He really went to bat for my clients in a tough situation!"

susan d

"Plenty of communication."

kallista fugitt v

"Ric is always an excellent advisor, giving clients truthful and timely advice with their best interest in mind. Transactions are always well ahead of schedule due to his proactive and thorough approach. I highly recommend Ric!"

sarah s

"Ric answered all of our numerous questions in a kind and professional manner. He detailed the process we were in, explained how long it would take, and outlined what he would need from us. I look forward to working with Ric again in the future."

amanda w

"Ric is on top of everything . I appreciate the regular communication, and the direction he was able to give my buyers."

tami t

"Ric was very informative. I appreciate tbe guidance he provided through the entire process."

robert f

"Ric was prompt, professional and communicative. Thank you for your service."

alanna w. l

"The communication and working through all of the steps together"

kaitlyn noel m