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Eric Formiller Headshot

Eric Formiller

Market Leader
Movement Mortgage
NMLS ID # 485383

Market Update

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January 5, 2024

When will we see the first rate cut of 2024?

The tug-of-war between market expectations of rate cuts and the Federal Reserve's efforts to manage those expectations persists as we enter the new year. Last week, markets indicated a nearly 75% probability of rate cuts beginning in March, but...

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