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Patrick McDaniel

Senior Loan Officer
Movement Mortgage
NMLS ID # 1092937

Movement Blog

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September 16, 2022

Inflation runs hot and forces mortgage rates skyward

Inflation data spooked markets over the last week with the Dow dropping more than 1,200 points following the release of August's consumer price index (CPI) by the Bureau of Labor Statistics (BLS). The CPI showed a 0.1% month-over-month increase...

patrick mcdaniel headshot
Patrick McDaniel
Senior Loan Officer
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59 Alafaya Woods Blvd, Oviedo, FL 32765
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NMLS # 1092937

State License #FL-LO37591