Economy in flux, but mortgage market sees positive activity

It was a rocky week for Wall Street as investors digested a host of economic data including weak retail sales, positive producer price index numbers and news of large layoffs at massive tech firms.

It was mid-week when the S&P 500 posted its worst day in more than a month while the Dow Jones closed 600 points lower. Data from the Commerce Department showed consumer spending slowed by 1.1% in December as Americans struggle against inflation.

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