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Mortgage - Banking Exchange
It would be the third consecutive rate cut
Bitcoin is having a positive bounce as October nears its end
Volume was up 5% over the previous week thanks to long term interest rates falling again
Overall National Home Price Index rose over 3% in July
Fannie jumped 26% to $3.42 late Monday morning, Freddie Mac rose 25% to $3.22
An uncertain economy with no sense of urgency to lock in on a low rate leaves little incentive to move quickly
Moderate Income earners are likely priced out of the market, particularly in major cities
While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
“That would be like pressing on the gas and the brakes at the same time.”
Not every bank customer is prepared to take advantage of the situation if the rates go lower
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Webinar:

Navigating Fraud in the World of Instant Payments:
Strategies for Success

Time/Date: February 28, 2:00-3:00 ET

As payment technology advances, so does the need for effective fraud prevention strategies.

Join experts Mike Cook, VP of Commercialization, Fraud Solutions at Socure, and Mark Majeske, SVP of Faster Payments at Alacriti, in this Banking Exchange hosted webinar on February 28, 2:00-3:00 ET, as they discuss the current and future state of fraud in the instant payments landscape, and share strategies for protecting your business in the face of evolving fraud trends.

Key topics to be covered include:

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