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Mortgage Market Update - Job Openings Hit 2-year Low, Private Sector Job Growth, Unemployment, & Rate Cuts - 1/8/2024

9 min · 8 de ene de 2024
Portada del episodio Mortgage Market Update - Job Openings Hit 2-year Low, Private Sector Job Growth, Unemployment, & Rate Cuts - 1/8/2024

Descripción

Hey everyone, it's Larry Bailey. This is for the Week of January 1, 2024, in Review: Job growth beat expectations in December, but is the labor sector as strong as the headlines imply? Plus, the minutes from the Fed’s last meeting suggest rate cuts are ahead, though the timing remains unclear. Here are the highlights: * Job Growth Less Rosy Than It Appears * Private Sector Job Growth Beats Expectations * Job Openings Hit 2-year Low * Unemployment Filings Likely Impacted by Holidays * Fed Minutes Suggest Rate Cuts Likely 00:00 Introduction 00:58 Job Growth 03:28 Private Sector Job Growth 06:05 Fed Minutes To subscribe to the MBS Highway, please go to www.MBShighway.com [https://www.mbshighway.com/] - © 2012-2024 MBS Highway. All rights reserved.  Mortgage Workflow Partners Inc. 888-522-7181 [tel:18885227181] info@MortgageWorkflowPartners.com [info@WorkflowPartnersTech.com] Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program © 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

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episode Mortgage Market Update - Job Openings Hit 2-year Low, Private Sector Job Growth, Unemployment, & Rate Cuts - 1/8/2024 artwork

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Hey everyone, it's Larry Bailey. This is for the Week of January 1, 2024, in Review: Job growth beat expectations in December, but is the labor sector as strong as the headlines imply? Plus, the minutes from the Fed’s last meeting suggest rate cuts are ahead, though the timing remains unclear. Here are the highlights: * Job Growth Less Rosy Than It Appears * Private Sector Job Growth Beats Expectations * Job Openings Hit 2-year Low * Unemployment Filings Likely Impacted by Holidays * Fed Minutes Suggest Rate Cuts Likely 00:00 Introduction 00:58 Job Growth 03:28 Private Sector Job Growth 06:05 Fed Minutes To subscribe to the MBS Highway, please go to www.MBShighway.com [https://www.mbshighway.com/] - © 2012-2024 MBS Highway. All rights reserved.  Mortgage Workflow Partners Inc. 888-522-7181 [tel:18885227181] info@MortgageWorkflowPartners.com [info@WorkflowPartnersTech.com] Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program © 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

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Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of December 18, 2023, in Review: The Fed’s favored inflation measure continues to move lower toward its 2% target while falling mortgage rates boosted existing home sales and new construction. Don’t miss these stories: * Inflation Inching Closer to Fed’s 2% Target * Existing Home Sales End 5-month Skid * New Home Sales Plunge to Lowest Level in a Year * “Improving Housing Conditions” in 2024 * Housing Starts Hit 6-Month High * Initial Jobless Claims at 2-Month Low 00:00 Introduction 01:01 Inflation inching closer to Fed's 2% target 02:56 Benchmark Fed funds rate and rate hikes 04:32 Existing home sales update 06:08 New home sales and low inventory 08:16 Home builder sentiment 10:17 Housing starts and construction update 13:03 Demand vs. supply in the housing market 14:07 Holiday recipe bonus To subscribe to the MBS Highway, please go to www.MBShighway.com [https://www.mbshighway.com/] - © 2012-2023 MBS Highway. All rights reserved.  Mortgage Workflow Partners Inc. 888-522-7181 [tel:18885227181] info@MortgageWorkflowPartners.com [info@WorkflowPartnersTech.com] Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program © 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

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