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Market Movement February 26, 2024


Notable News

Market Recap

  • Mortgage application submissions slipped a composite 10.6% during week ending 2/16. The Refinance Index decreased 11% while the seasonally adjusted Purchase Index decreased 10%.

  • Continuing jobless claims were at a seasonally adjusted annual rate of 1,862,000 during the week ending 2/10, a 27,000 decrease from the week before. Initial jobless claims were at 201,000 during the week ending 2/17, a 12,000 decrease from the week before.

  • Existing home sales were at a seasonally adjusted annual rate of 4 million in January, a 3.1% increase from the month before.



Economic Calendar Outlook

Week of February 26th, 2024




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