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Ellen Roche headshot

Ellen M. Roche

Branch Manager
Movement Mortgage
NMLS ID # 46794

Movement Blog

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June 7, 2024

July Rate Cut Off the Table as Job Market Surges

Today's unemployment report has effectively ruled out any possibility of a July rate cut by the Federal Reserve. Nonfarm payrolls increased by 272,000 in May, significantly surpassing the expected 180,000. Additionally, hourly earnings rose at...

Ellen Roche headshot
Ellen M. Roche
Branch Manager
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25 Railroad Square, Haverhill, MA 01835
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NMLS # 46794

State License #MA-MLO46794, NH