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Michael Rocco

Michael Rocco

Branch Leader
Movement Mortgage
NMLS ID # 1281719

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....

Michael Rocco
Michael Rocco
Branch Leader
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205 Archway Ct, Lynchburg, VA 24502
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NMLS # 1281719

State License #NC - I-212223, VA - MLO-23769VA