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Dave Marchese headshot

Dave Marchese

Branch Manager
Movement Mortgage
NMLS ID # 1229864
1031 Route 22, Ste 203, Bridgewater, NJ 08807
Dial Phone Number
p: (908) 963-9157
o: (908) 864-6072
f: (908) 418-4457
Send E-mail to
e: dave.marchese@movement.com

Market Update

A56I8436

April 21, 2023

Data driving uncertainty as housing hits some speed bumps

A rough week of economic data stoked fears of a recession and further uncertainty about the Federal Reserve's next move. Jobless claims came in higher than expected, increasing by 5,000 to 245,000. Continuing claims also moved up by 61,000....

Dave Marchese headshot
Dave Marchese
Branch Manager
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 1229864

State License #CT-LO-1229864, FL-LO54979, GA-1229864, ME, NJ, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-50253, SC-MLO-1229864, VA-MLO-65151VA