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Tim Kennedy

Tim Kennedy

Retirement Mortgage Professional
Movement Mortgage
NMLS ID # 26323

Market Update

A56I8436

April 21, 2023

Data driving uncertainty as housing hits some speed bumps

A rough week of economic data stoked fears of a recession and further uncertainty about the Federal Reserve's next move. Jobless claims came in higher than expected, increasing by 5,000 to 245,000. Continuing claims also moved up by 61,000....