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Fabiano Pinto headshot

Fabiano Pinto

Loan Officer
Movement Mortgage
NMLS ID # 1620122
27299 Riverview Center Blvd, Bldg 2, Ste 207, Bonita Springs, FL 34134
Dial Phone Number
p: (239) 293-4452
Send E-mail to
e: fabiano.pinto@movement.com

Market Update

Top view Aerial view of Deep water port with cargo ship and container Singapore

September 20, 2019

Federal Reserve drops rates to keep economy growing

The Federal Reserve just cut rates by .25%, but that doesn’t mean your mortgage rate went down with it. In fact, average mortgage rates went up this week. So what’s going on that’s causing the changes? Get the details right now in this week’s Market Update.

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Fabiano Pinto headshot
Fabiano Pinto
Loan Officer
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27299 Riverview Center Blvd, Bldg 2, Ste 207, Bonita Springs, FL 34134
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NMLS # 1620122

State License #FL-LO46134, GA-1620122