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Dave Marchese

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

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June 21, 2022

The Fed made its move, so what now?

The Federal Reserve made a big move to try and stifle inflation by raising the federal funds rate by .75% (or 75 basis points). It was the biggest rate hike in nearly three decades and Fed Chair Jerome Powell indicated that the Federal Open Market...

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

State License #CT-LO-1229864, FL-LO54979, GA-1229864, ME, NJ - licensed by the N.J. Department of Banking and Insurance, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-50253, SC-MLO-1229864, VA-MLO-65151VA

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