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Chris Allessio headshot

Chris Allessio

Senior Loan Officer – Team Lead
Movement Mortgage
NMLS ID # 1725808

Market Update

Trends of mortgage rates dropping

May 24, 2019

China hits back at U.S. as mortgage rates drop

Two major developments this week have caused mortgage rates to plunge, potentially below 4% for some borrowers.First, the Federal Reserve Open Market Committee meeting minutes released this week gave us a good idea of the stronger language regarding...

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Chris Allessio headshot
Chris Allessio
Senior Loan Officer – Team Lead
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231 Union Blvd First Floor, Totowa, NJ 07512
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NMLS # 1725808

State License #AZ-LO-2014685, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI1725808, CT-LO-1725808, FL-LO60900, IA-52586, IL-031.0087224, MD, MA-MLO1725808, MI-1725808, NJ, NY, NC-I-219811, PA-67550, SC-MLO-1725808, TX-TEXAS-SML, WV-LO-1725808