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Reed Lester

Reed Lester

Loan Officer
Movement Mortgage
NMLS ID # 1131688

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...

Reed Lester
Reed Lester
Loan Officer
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4700 Falls of Neuse Rd, Ste 225, Raleigh, NC 27609
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NMLS # 1131688

State License #NC-I-180438, VA-MLO-37924VA