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D'angelo Williams

D'angelo Williams

Branch Leader
Movement Mortgage
NMLS ID # 1149197

Market Update

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May 5, 2023

Fed’s latest hike pushes mortgage rates down

A 10th straight hike brought us to a 16-year high of the federal funds rate this past week as the Federal Open Market Committee approved a 25-basis point rate increase. Now, the overnight lending rate stands at 5.25%. The move was highly...

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D'angelo Williams
D'angelo Williams
Branch Leader
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613 Northwest Loop 410 ste 510, San Antonio, TX 78216
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NMLS # 1149197

State License #FL-Temporary Authority, GA-Temporary Authority, TX-SML