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Mike Demaio Headshot

Michael Demaio

Senior Mortgage Loan Officer
Movement Mortgage
NMLS ID # 107797
Lo siento, no hablo español.

Market Update

Blurred business people on their way from work

mayo 8, 2020

Unemployment soars, Wall Street paints positive future

Not since WWII have we seen unemployment this high. Sitting at 14.7%, it's easy to have a negative outlook. So why was Wall Street showing positive gains after the report came out? And how is that impacting your mortgage, or potential mortgage?

Mike Demaio Headshot
Michael Demaio
Senior Mortgage Loan Officer
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1029 E Main St, Ste 101, 102 & 103, Puyallup, WA 98372
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NMLS # 107797

State License #AL-87041, AR-128417, AZ-1037801, CA-DFPI107797-CA DFPI under the California Residential Mortgage Lending Act, CO-100532744, FL-LO108338, GA-107797, HI-107797, ID-MLO-2080107797, IL-031.0077535, IN-DFI-63970, KS-LO.0049520, KY-MC840682, MI-107797, MO -107797, MT-107797, NM, NV-77886, OR, SC-MLO-107797, TN-107797, TX-SML, WA-MLO-107797, WI-107797, WY-105473