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Chris Allessio headshot

Chris Allessio

Senior Loan Officer – Team Lead
Movement Mortgage
NMLS ID # 1725808

Market Update

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December 2, 2022

Inflation, mortgage rates show further signs of cooling

Markets rallied at the close of November as Federal Reserve Chairman Jerome Powell indicated less aggressive rate hikes in the future. Powell reiterated there is still a good amount of work to be done to control inflation and any loosening of...

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Chris Allessio headshot
Chris Allessio
Senior Loan Officer – Team Lead
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231 Union Blvd First Floor, Totowa, NJ 07512
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NMLS # 1725808

State License #AZ-LO-2014685, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI1725808, CT-LO-1725808, FL-LO60900, GA-1725808, IA-52586, IL-031.0087224, MD, MA-MLO1725808, MI-1725808, NJ, NY, NC-I-219811, PA-67550, SC-MLO-1725808, TX-TEXAS-SML, WV-LO-1725808