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Dan Peck headshot

Dan Peck

Branch Leader
Movement Mortgage
NMLS ID # 174968

Market Update

A56I7619

August 12, 2022

Inflation softens slightly, sellers becoming less confident

Inflation data shook up the markets in the second week of August—only this time the numbers appeared to be softening. The Labor Department's producer price index (PPI) showed the cost of wholesale goods fell by 0.5% in July. That's the...

Dan Peck headshot
Dan Peck
Branch Leader
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11255 Kirkland Way suite 110, Kirkland, WA 98033
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NMLS # 174968

State License #AL-78397, AK-AK174968, AZ-1006555, AR-123587, CA Licensed by DFPI under the CRMLA-CA-DFPI-DBO174968, CO-100522979, CT-LO-174968, DE-MLO-174968, DC-MLO174968, FL-LO73384, GA-174968, HI-HI-174968, ID-MLO-2080174968, IL-031.0062296, IN-DFI-46657, IA-45065, KS-LO.0043482, KY-MC748498, LA, ME, MD-174968, MA-MLO174968, MI-174968, MN-MLO-174968, MO-174968, MT-174968, NE, NJ-licensed by the N.J. Department of Banking and Insurance, NH, NM, NC-I-196451, ND-NDMLO174968, NY-"Licensed Mortgage Banker-NYS Department of Financial Services", OH-MLO-OH.174968, OK-MLO21645, OR, PA-81070, SC-BFI-MLO - 174968, SD-174968.MLO, TN-225000, TX-SML, VT-MLO-174968, VA-MLO-52016VA, WA-MLO-174968, WI-174968, WY-101816