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John Hess

John Hess

Branch Leader
Movement Mortgage
NMLS ID # 210424
3701 Pender Dr, Ste 210, Fairfax, VA 22030
Dial Phone Number
p: (703) 635-0183
o: (703) 662-4294
Send E-mail to
e: john.hess@movement.com

Market Update

Man and woman model IMPACT Lender t-shirt

August 25, 2023

The Fed believes the economy hasn't cooled as expected

It has been a relatively quiet week in terms of economic data. The market is gradually warming up to the idea of another Fed rate hike before the year's end, with Fed Futures prices indicating a 40% chance as of Tuesday. PMI figures earlier this...

John Hess
John Hess
Branch Leader