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Richard Cecere Headshot

Richard Cecere

Loan Officer
Movement Mortgage
NMLS ID # 1729679

Market Update

A56I5897

June 27, 2022

Recession fear intensifies as Fed doubles down on rates

The wild ride of the post-pandemic housing market continues as fears of a recession gain steam for investors. The volatility can be easily shown in the bond market. This last Thursday the yield on the 10-year Treasury note, which typically sets the...

Richard Cecere Headshot
Richard Cecere
Loan Officer
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775 Spartanburg Blvd. Unit 103, Spartanburg, SC 29301
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NMLS # 1729679

State License #SC-BFI-MLO - 1729679, FL-LO86103