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Eric Formiller Headshot

Eric Formiller

Market Leader
Movement Mortgage
NMLS ID # 485383

Market Update

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February 23, 2024

Economic Strength Mutes Fed’s Rate Cut Urgency

February’s trend toward higher rates continued this week, as the notes from the January FOMC meeting and comments from Fed officials made clear that rate cuts aren’t imminent. The minutes from the January meeting showed that many...

Eric Formiller Headshot
Eric Formiller
Market Leader
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA-DFPI485383