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John Palumbo

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 169369
231 Union Blvd, First Floor, Totowa, NJ 07512
Dial Phone Number
p: (973) 699-3797
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e: john.palumbo@movement.com
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Market Update

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February 10, 2023

Fed remains hawkish for 2023; rates remain mostly stable

The Federal Reserve's fight against inflation is far from over, which means market volatility will likely remain the norm for 2023. Fed chairman Jerome Powell said in an interview with The Economic Club, "The disinflationary process has...

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John Palumbo headshot
John Palumbo
Team Lead Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
(opens in a new tab)
NMLS # 169369

State License #AL-86049, AZ-1033396, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI169369, CO-100535396, CT-LO-169369, DE-MLO-169369, FL-LO84, GA-169369, IL-031.0091229, IA-52580, IN-58975, KS-LO.0054669, KY-MC829598, MA-MLO169369, ME, MD-169369, MI-169369, MO-169369, NH, NJ-9941589 - licensed by the N.J. Department of Banking and Insurance, NY, NC-l-205970, OH-MLO-OH.169369, PA-26661, SC-MLO-169369, TN-169369, TX, VT-MLO-169369, VA-MLO-62051VA, WV- LO-169369

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