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Richard H. Lamotte Headshot

Richard H. Lamotte

Loan Officer
Movement Mortgage
NMLS ID # 337079

Market Update

5Q5A9714

October 7, 2022

Strong jobs report bolsters Fed's position for another hike

Yields on the benchmark 10-year Treasury note rose again over the past week as investors weigh the Federal Reserve's next move. Mid-week, the Bureau of Labor Statistics (BLS) released its Job Openings and Labor Turnover (JOLTs) report which...

Richard H. Lamotte Headshot
Richard H. Lamotte
Loan Officer
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430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
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NMLS # 337079

State License #NC-I-155776