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Erik Valencia headshot

Erik Valencia

Senior Loan Officer
Movement Mortgage
NMLS ID # 674724
2965 E. Tarpon Dr, Ste 190, Meridian, ID 83642
Dial Phone Number
p: (208) 412-0011
 Send E-mail to
e: erik.valencia@movement.com
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Market Update

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May 3, 2024

Sticky Inflation May Keep Rates Higher for Longer

The Federal Reserve’s recent meeting revealed that inflation is persisting longer than anticipated.

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Market Adjusts Expectations: Two Rate Cuts Expected This Year

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Fed Keeps Rates Unchanged, But 3 Cuts Expected This Year

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Inflation Persists, But Hope for Lower Rates Remains

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Erik Valencia headshot
Erik Valencia
Senior Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
2965 E. Tarpon Dr, Ste 190, Meridian, ID 83642
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NMLS # 674724

State License #ID-MLO-15543, OR