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Joseph Bonaduce

Joseph Bonaduce

Sales Manager / Sr. LO
Movement Mortgage
NMLS ID # 113188

Movement Blog

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September 16, 2022

Inflation runs hot and forces mortgage rates skyward

Inflation data spooked markets over the last week with the Dow dropping more than 1,200 points following the release of August's consumer price index (CPI) by the Bureau of Labor Statistics (BLS). The CPI showed a 0.1% month-over-month increase...

Joseph Bonaduce
Joseph Bonaduce
Sales Manager / Sr. LO
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 113188

State License #DE-MLO-113188, FL-LO93335, NJ-0636713, PA-44693