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Clay Schoengrath headshot

Clay Schoengarth

Sales Manager
Movement Mortgage
NMLS ID # 406338
1111 N. Mission Ave, Ste B, Wenatchee, WA 98801
Dial Phone Number
p: (509) 264-7102
 Send E-mail to
e: Clay.Schoengarth@movement.com
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Market Update

EB1A0369

September 23, 2022

Another round of rate increases as the Fed fights inflation

The Federal Reserve is standing pat in its hawkish effort to fight inflation. The Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points at its September meeting and also set its terminal rate of 4.6% in 2023. The...

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Clay Schoengrath headshot
Clay Schoengarth
Sales Manager
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1111 N. Mission Ave, Ste B, Wenatchee, WA 98801
(opens in a new tab)
NMLS # 406338

State License #WA-MLO-406338