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Andrea Donnelly Headshot

Andrea Donnelly

Senior Loan Officer
Movement Mortgage
NMLS ID # 2019447
99 Rosewood Dr, Ste 270, Danvers, MA 01923
Dial Phone Number
p: (978) 821-8529
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e: andrea.donnelly@movement.com
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Market Update

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May 3, 2024

Sticky Inflation May Keep Rates Higher for Longer

The Federal Reserve’s recent meeting revealed that inflation is persisting longer than anticipated.

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Reduced Expectations for Multiple Fed Rate Cuts in 2024

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Market Adjusts Expectations: Two Rate Cuts Expected This Year

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Fed Keeps Rates Unchanged, But 3 Cuts Expected This Year

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Inflation Persists, But Hope for Lower Rates Remains

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Andrea Donnelly Headshot
Andrea Donnelly
Senior Loan Officer
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99 Rosewood Dr, Ste 270, Danvers, MA 01923
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NMLS # 2019447

State License #CO-100537750, CT-LO-2019447, FL-LO98100, MA-MLO2019447, NH