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Toby Stanfield Headshot

Toby Stanfield

Loan Officer
Movement Mortgage
NMLS ID # 115244

Market Update

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May 17, 2024

Inflation Data Boosts Hopes for Fed Rate Cuts by Year-End

Sticky inflation remains the key obstacle to the Federal Reserve cutting interest rates, but Wednesday's inflation data offered encouraging signs. The Core Consumer Price Index (CPI) for April rose by 0.3% month-over-month and 3.6%...

Toby Stanfield Headshot
Toby Stanfield
Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
620 Green Valley Rd, Ste 208, Greensboro, NC 27408
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NMLS # 115244

State License #NC-I-159335, SC-MLO - 115244, VA-MLO-68169VA