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Terry Kravaris Headshot

Terry Kravaris

Senior Loan Officer
Movement Mortgage
NMLS ID # 959719
230 Sugartown Rd suite 205, Wayne, PA 19087
Dial Phone Number
p: (718) 288-8454
o: (267) 419-7707
Send E-mail to
e: terry.kravaris@movement.com

Market Update

EB1A9745

September 16, 2022

Inflation runs hot and forces mortgage rates skyward

Inflation data spooked markets over the last week with the Dow dropping more than 1,200 points following the release of August's consumer price index (CPI) by the Bureau of Labor Statistics (BLS). The CPI showed a 0.1% month-over-month increase...

Terry Kravaris Headshot
Terry Kravaris
Senior Loan Officer
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230 Sugartown Rd suite 205, Wayne, PA 19087
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NMLS # 959719

State License #DE-MLO-959719, FL-LO102724, MD, NJ, PA-52547