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Lorri Hoffman

Lorri Hoffman

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 105066

Market Update

A56I8436

April 21, 2023

Data driving uncertainty as housing hits some speed bumps

A rough week of economic data stoked fears of a recession and further uncertainty about the Federal Reserve's next move. Jobless claims came in higher than expected, increasing by 5,000 to 245,000. Continuing claims also moved up by 61,000....

Lorri Hoffman
Lorri Hoffman
Team Lead Loan Officer
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19720 Jetton Rd, Stes 202 & 203, Cornelius, NC 28031
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NMLS # 105066

State License #CA-DFPI105066-CA DFPI under the California Residential Mortgage Lending Act, GA-62040, FL-LO53896, IL-031.0086719, KY-MC864717, MD-105066, NV-NMLO-101826, NC-I-160402, OH-MLO-OH.105066, PA-110492, SC-MLO - 105066, TN-105066, TX-SML, VA-MLO-37958VA