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Ed Duncan

Ed Duncan

Senior Loan Officer
Movement Mortgage
NMLS ID # 349809

Market Update

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September 20, 2024

Fed’s Rate Cut Boosts Inventory, but Market Remains Tight

The market is continuing to respond to the Federal Reserve's 50-basis point rate cut on Wednesday. Current sentiment suggests the Fed may successfully guide the economy toward a soft landing, bolstered by the recent jobless claims that indicate...

Ed Duncan
Ed Duncan
Senior Loan Officer
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3701 Pender Dr, Ste 210, Fairfax, VA 22030
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NMLS # 349809

State License #DC-MLO349809, VA-MLO-8109VA