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Richard H. Lamotte Headshot

Richard H. Lamotte

Loan Officer
Movement Mortgage
NMLS ID # 337079
430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
Dial Phone Number
p: (910) 330-0219
 Send E-mail to
e: richard.lamotte@movement.com
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Market Update

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April 26, 2024

Reduced Expectations for Multiple Fed Rate Cuts in 2024

In recent weeks, The Federal Reserve has cooled on its stance of multiple rate cuts in 2024. There was a brief rally in yields on Tuesday following the S&P Global PMI reports, but this rally was short-lived as it was overshadowed by...

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Richard H. Lamotte Headshot
Richard H. Lamotte
Loan Officer
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430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
(opens in a new tab)
NMLS # 337079

State License #NC-I-155776