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Derek Levy headshot

Derek Levy

Loan Officer
Movement Mortgage
NMLS ID # 1632792
231 Union Blvd, First Floor, Totowa, NJ 07512
Dial Phone Number
p: (201) 693-0450
o: (908) 430-0283 x19046
Send E-mail to
e: derek.levy@movement.com

Market Update

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August 27, 2021

Why the Fed’s change in timeline affects the housing market

The Federal Reserve will likely begin to taper its bond buying program before the end of the year. As for rate hikes? Don't expect those any time soon. Fed Chairman Jerome Powell spoke from the Fed's meeting in Jackson Hole last week and...

Derek Levy headshot
Derek Levy
Loan Officer