Weekly Market Update

Brian says “Hi!” from Botswana! 

The rest of the Brian Manning Team is here in Boulder all weekend ready to help you and your clients! 

Grady Winn —  303-500-3839 // gwinn@guildmortgage.net 

Mortgage application volume increased by 5.5% last week.
3rd quarter Gross Domestic Product showed that the US economy grew by 3.5% which was in-line with expectations.
The Fed Meeting leads us to believe that we’ll have one more rate hike in December and then pause on hiking rates until March.
Inflation cooled. Pending home sales were down 2.6% in October and 6.7% year over year.

Brian Manning is a licensed Loan Officer in Colorado for Guild Mortgage Company; Regulated by the CO Division of Real Estate. Licensed in the states of Colorado and Florida, NMLS #324952. The postings on this blog don't necessarily represent the positions, strategies or opinions of Guild Mortgage Company or its affiliates. This information is not guaranteed to be accurate and shall not be construed as a guarantee of loan approval. All loans are subject to underwriter approval, and are subject to change without notice.