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Brendan Burns

Brendan Burns

Market Leader
Movement Mortgage
NMLS ID # 151323

Market Update

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June 7, 2024

July Rate Cut Off the Table as Job Market Surges

Today's unemployment report has effectively ruled out any possibility of a July rate cut by the Federal Reserve. Nonfarm payrolls increased by 272,000 in May, significantly surpassing the expected 180,000. Additionally, hourly earnings rose at...

Brendan Burns
Brendan Burns
Market Leader
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107 William St, Fredericksburg, VA 22401
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NMLS # 151323

State License #NY-151323-006481 Licensed Mortgage Banker-NYS Department of Financial Services