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Weekly Market Observations - September 26, 2023
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Here’s Our Weekly Market Observations :
The Fed holds interest rates steady, but hits at more hikes
Existing home sales fall 0.7% in August from July and 15.3% YOY
Housing market tightens as inventory remains at historic lows
Existing home sales medium prices increase 3.9% YOY to $407,100
Average 30-year fixed mortgage rates up slightly to 7.19%
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