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Lorri Hoffman

Lorri Hoffman

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 105066

Market Update

White house

November 9, 2018

Election boosts equities, rates still rising

This week’s midterm elections proved to fall in line with history as the stock market showed significant wins for the week. The steadily growing economy only further solidified expectations that the Federal Reserve will raise interest rates in December with a potential of three to four hikes in 2019

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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 #AR-105066, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI105066, CO-100541817, DC-MLO105066, GA-62040, FL-LO53896, IL-031.0086719, IN-DFI-71842, KY-MC864717, MD-105066, NV-NMLO-101826, NJ-Temporary Authority, NC-I-160402, OH-MLO-OH.105066, PA-110492, SC-MLO - 105066, TN-105066, TX-SML, VA-MLO-37958VA, WV-105066