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Dave Marchese headshot

Dave Marchese

Branch Manager
Movement Mortgage
NMLS ID # 1229864
1031 Route 22, Ste 203, Bridgewater, NJ 08807
Dial Phone Number
p: (908) 963-9157
o: (908) 864-6072
f: (908) 418-4457
Send E-mail to
e: dave.marchese@movement.com

Market Update

EB1A9888

March 24, 2023

Uncertainty reigns in the economy as mortgage rates slide...

Over the past year the Federal Reserve has increased the federal funds rate a total of nine times—but this last one was a bit different. The Federal Open Market Committee unanimously decided to hike the overnight lending rate by 25-basis points...

Dave Marchese headshot
Dave Marchese
Branch Manager
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 1229864

State License #CT-LO-1229864, FL-LO54979, GA-1229864, ME, NJ, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-50253, SC-MLO-1229864, VA-MLO-65151VA