While the weaker than expected retail sales data favors a slower pace of Fed rate hikes, the inflation data supports the opposite, tighter monetary policy. These offsetting influences caused little net change in investor expectations for future Fed policy. 

Quote of the week.... 

As inflation rises, you’ll see pressure increase on the Fed to raise interest rates. There’s still a low probability rates will change this month, but it’s something to keep watching.. . ~~ Greg Richardson of Movement Mortgage, Secondary Market 

MORTGAGE RATES at a glance... 

• 30yr Conventional - high 3s

• 15yr Conventional - low 3s

• 30yr Government - mid to high 3s

• 15yr Government - low 3s

**Your Rate depends on several factors.. 

• timing of your closing

• loan amount, term, & program

• credit score

• property type

• % down

• etc....

You can depend on me for accurate and trustworthy information. 

We Love & Value People... that is our culture at Movement Mortgage. 

 Thanks! ALWAYS feel free to call, text, or email me… any day, any time. My direct mobile number is 573-480-1978. 

Accessible, Responsive, Decisive, Dependable Lender…. 

Gerry Phillips, Loan Officer (NMLS #505678) 

Movement Mortgage 

573-480-1978 (mobile) 

866-302-2942 (fax) 

www.movement.com/gerry.phillips