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Eric Kincheloe

Loan Officer
Movement Mortgage
NMLS ID # 48932
124 Hebron Ave, Ste 2B, Glastonbury, CT 06033
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p: (860) 836-7926
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e: eric.kincheloe@movement.com
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Market Update

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July 28, 2023

Fed Rate Reaches 22-Year High

Don’t rock the boat. This was the motto as FOMC hiked rates by another 25 bps on Wednesday, reaching a 22-year high as anticipated. During the subsequent press conference, Fed Chair Powell stuck to his previous remarks without veering off...

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Eric Kincheloe
Loan Officer
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124 Hebron Ave, Ste 2B, Glastonbury, CT 06033
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NMLS # 48932

State License #AL-90600, CT-LO-48932, FL-LO136849, MA-MLO48932, NJ - licensed by the N.J. Department of Banking and Insurance, NY-Temporary Authority, RI, SC-BFI-MLO - 48932, VA-MLO-63590VA

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