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Blake Scurlock

Blake Scurlock

Branch Manager
Movement Mortgage
NMLS ID # 650239

Market Update

EB1A9745

September 16, 2022

Inflation runs hot and forces mortgage rates skyward

Inflation data spooked markets over the last week with the Dow dropping more than 1,200 points following the release of August's consumer price index (CPI) by the Bureau of Labor Statistics (BLS). The CPI showed a 0.1% month-over-month increase...

Blake Scurlock
Blake Scurlock
Branch Manager
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2555 Meridian Blvd, Ste 320, Franklin, TN 37067
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NMLS # 650239

State License #AL-78483, KY-MC715819, SC-MLO - 650239, TN-162545