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Shawn Allen headshot

Shawn Allen

Loan Officer
Movement Mortgage
NMLS ID # 1551692

Market Update

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October 13, 2023

Inflation, Labor Market and Foreign Conflict Impacting Rates

Last Friday, we saw a Non-Farm Payrolls report that surpassed even the loftiest expectations. This caused a spike in yields as markets tried to assess the Fed’s next policy move. As the day went on, markets were able to recover as a slight...

Shawn Allen headshot
Shawn Allen
Loan Officer
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1344 N. Main Street, Blacksburg, VA 24060
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NMLS # 1551692

State License #VA-MLO-31593VA, WV-LO-1551692