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Chris DeMuth

Chris DeMuth

BPS Market Leader
Movement Mortgage
NMLS ID # 148312

Market Update

A56I8469

May 6, 2022

The Fed sets the tone as rates rise again

The Federal Reserve just made its most drastic move in two decades. The central bank increased the federal funds rate by a half a percentage point, moving the overnight lending rate to 0.75%-1%. The Fed also announced it will start to trim its...

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Chris DeMuth
Chris DeMuth
BPS Market Leader
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10000 Shelbyville Rd Ste 103, Louisville, KY 40223
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NMLS # 148312

State License #FL-LO69723, IN-16443, KY-MC91419, NC-I-218299, TN-148312

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