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The Fed’s Latest Policy Meeting, a Wild Ride for Mortgage Rates, and Record Money Market Inflows 03/21/23

Morning Call

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Are Existing Home Sales Going Up?

Stanley Middleman is CEO and President of Freedom Mortgage, one of the largest non-bank mortgage lenders and servicers here in the U.S. We'll talk about existing home sales for February later today. There's a housing shortage here in the United States; how long do you see this shortage lasting? I don't think the supply is going to come online quick enough to make a difference in this buying season anyway.

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