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Franco Perrotta headshot

Franco Perrotta

Loan Officer
Movement Mortgage
NMLS ID # 2000455

Movement Blog

Investors and contractors on construction site

October 25, 2019

Interest rates tick back up, Fed prepares for another cut

Long-term mortgage rates are on the rise again, although still significantly lower than a year ago. The main reasons are geopolitical concerns (think trade war and Brexit) and government data showing mixed reviews on economic growth. Get all the details in this week’s Market Update.

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Franco Perrotta headshot
Franco Perrotta
Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 2000455

State License #CT-LO-2000455, FL-LO113157, NJ, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-101459