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Erik Valencia headshot

Erik Valencia

Senior Loan Officer
Movement Mortgage
NMLS ID # 674724

Market Update

Pensive man embracing young woman looking out of window in kitchen

March 18, 2022

The Fed, interest rates and the dreaded ‘R’ word

The main worry for economists is that the Fed has dug itself a deep hole by keeping interest rates so low for so long that now the FOMC will be forced to keep pushing interest rates higher even if growth slows.

Erik Valencia headshot
Erik Valencia
Senior Loan Officer
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4120 N. Linder Rd, Ste 150, Meridian, ID 83642
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NMLS # 674724

State License #ID-MLO-15543, OR