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Chad Basalone

Chad Basalone

Loan Officer
Movement Mortgage
NMLS ID # 220166

Market Update

Side view of tall buildings

November 2, 2018

Wages and salaries jump, bolstering inflation concerns

A better-than-expected jobs report from the Bureau of Labor statistics has only increased concern about inflation. Wages and salaries rose by 3.14 percent over the last year, an increase not seen since April of 2009.

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Chad Basalone
Chad Basalone
Loan Officer
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21 S California St Ste 203, Ventura, CA 93001
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NMLS # 220166

State License #AZ-0912770, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI220166