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Jeff Mountain

Producing Market Leader
Movement Mortgage
NMLS ID # 1208144

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...

Jeff Mountain headshot
Jeff Mountain
Producing Market Leader
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701 Freeport Rd, Pittsburgh, PA 15238
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NMLS # 1208144

State License #CA-DFPI1208144, FL-LO69224, PA-47311, SC-MLO-1208144, WV-LO-1208144