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Randy Porter headshot with transparent background

Randy Porter

Market Leader
Movement Mortgage
NMLS ID # 120175

Market Update

A56I0161

May 12, 2023

Positive inflation data helping hold rates steady

Inflation continued its snail-like slowdown in April with both the consumer price index (CPI) and producer price index (PPI) coming in lighter than expected. The Labor Department's CPI report on May 10 showed a 4.9% annual increase, against...

Randy Porter headshot with transparent background
Randy Porter
Market Leader
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2200 Sixth Avenue, Ste 100, Seattle, WA 98121
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NMLS # 120175

State License #WA-MLO-120175