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Michael Wessels Headshot

Michael Wessels

Branch Manager
Movement Mortgage
NMLS ID # 476421

Market Update

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March 15, 2024

Inflation Persists, But Hope for Lower Rates Remains

This week witnessed turbulence in bond yields, driven by unexpected rises in both consumer and producer inflation measures. While Core CPI (excluding food and energy) increased by 0.40% month over month and 3.8% year over year, slightly exceeding...

Michael Wessels Headshot
Michael Wessels
Branch Manager
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312 East Stein Highway, Seaford, DE 19973
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NMLS # 476421

State License #DE-MLO-476421, MD-476421