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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"Review for Ric Harter, Mortgage Lender As a realtor, I’ve had the opportunity to work with many mortgage lenders, but Ric Harter truly stands out. He recently helped one of my clients secure financing, and I couldn’t be more impressed with his professionalism and expertise. From the very beginning, Ric was attentive, communicative, and genuinely committed to finding the best solution for my client. He took the time to explain each step of the process in detail, ensuring my client felt confident and well-informed every step of the way. His responsiveness and attention to detail made the entire experience smooth and stress-free. What really sets Ric apart is his dedication and integrity. He goes above and beyond to make sure everything is handled efficiently and always has his client’s best interests at heart. I’m grateful to have partnered with him and look forward to many more successful transactions together. If you’re looking for a knowledgeable and trustworthy mortgage lender, I highly recommend Ric Harter."

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