Ep. 228 | Rates & Sales Both Surprise to End the Week

SUMMARY: Existing-home sales in September fell but also fell less than expected with the South (of course) dominating all other regions, mortgage rates were up but not as much as expected, and initial jobless claims fell unexpectedly…

Sources

•  Existing-Home Sales Fall Less Than Expected
• Mortgage Rates Stay Under 7.0%
• Jobless Claims Fall to 214k