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David Rhyne

David Rhyne

Loan Officer
Movement Mortgage
NMLS ID # 1375038

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...

David Rhyne
David Rhyne
Loan Officer
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8024 Calvin Hall Rd, Indian Land, SC 29707
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NMLS # 1375038

State License #AZ-1046005, AK-AK1375038, AR-120216, CA-DBO1375038-CA DFPI under the California Residential Mortgage Lending Act, CO-100521467, CT-LO-1375038, FL-LO78932, GA-1375038, IA-39762, KS-LO.0042484, MT-1375038, ME, MO-1375038, MS-1375038, ND-NDMLO1375038, NC-I-190351, NV-79864, OK-MLO33393, OR, SC-MLO - 1375038, TX-SML, TN-232152, VA-MLO-45148VA, WA-MLO-1375038, WV-LO-1375038