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Parker Rockett Borofsky

Parker Rockett Borofsky

Branch Leader
Movement Mortgage
NMLS ID # 1460526

Market Update

A man and his dog

August 4, 2023

Economic Data is Strong, But Inflation Remains Stubborn

It has been another tough week for bond yields. While there are signs that the Federal Reserve’s hiking is starting to have an impact on growth, economic data remains solid and inflation remains higher than desired. Second quarter GDP and...

Parker Rockett Borofsky
Parker Rockett Borofsky
Branch Leader
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114 Lovell Rd. Suite 102, Knoxville, TN 37934
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NMLS # 1460526

State License #AL-72467, AZ-1030450, AR-129202, CA-DFPI1460526 - CA DFPI under the California Residential Mortgage Lending Act, CO-100528795, CT-LO-1460526, DE-MLO-1460526, FL-LO63821, GA-51176, HI-1460526, IA-51426, IN-DFI-62929, IL-031.0076713, KS-LO.0050131, KY-MC794330, LA, MA-MLO1460526, MD, ME, MI-1460526, MN-MLO-1460526, MO-1460526, MS-1460526, MT-1460526, NC-I-169571, NH, NJ-1460526 - licensed by the N.J. Department of Banking and Insurance, NM, NV-81077, OH-OH.1460526, OK-MLO27083, OR, PA-97935, SC-BFI-MLO-1460526, SD-1460526.MLO, TN-128519, TX-SML, VA-MLO-63293VA, VT-MLO-1460526, WA-MLO-1460526, WI-1460526, WV-LO-1460526, WY-103845