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Emily Bort

Loan Officer
Movement Mortgage
NMLS ID # 505790
719 Griffin Ave, Enumclaw, WA 98022
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p: (253) 315-4570
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e: Emily.Bort@movement.com
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Movement Blog

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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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Emily Bort
Loan Officer
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719 Griffin Ave, Enumclaw, WA 98022
(opens in a new tab)
NMLS # 505790

State License #AL-88803, AZ-1021449, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI505790, HI-HI-505790, ID-MLO-2080505790, MT-505790, OR, TX, WA-MLO-505790

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