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Jonathan Locklear

Jonathan Locklear

Loan Officer
Movement Mortgage
NMLS ID # 1443863

Market Update

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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...

Jonathan Locklear
Jonathan Locklear
Loan Officer
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575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
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NMLS # 1443863

State License #IA-53840, MD-1443863, MN-MLO-1443863, NC-I-176067, SC-MLO - 1443863, TN-1443863, VA-MLO-28109VA