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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

Man and woman model IMPACT Lender t-shirt

August 25, 2023

The Fed believes the economy hasn't cooled as expected

It has been a relatively quiet week in terms of economic data. The market is gradually warming up to the idea of another Fed rate hike before the year's end, with Fed Futures prices indicating a 40% chance as of Tuesday. PMI figures earlier this...

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