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Tim Batts Headshot

Tim Batts

Market Leader
Movement Mortgage
NMLS ID # 659013

Market Update

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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...

Tim Batts Headshot
Tim Batts
Market Leader
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230 Hilliard Ave suite 1, Asheville, NC 28801
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NMLS # 659013

State License #FL-LO65657, NC-I-185095, SC-BFI-MLO - 659013, TN-659013, VA-MLO-36599VA