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Fred Allard

Fred Allard

Branch Leader
Movement Mortgage
NMLS ID # 36433
271 Waverley Oaks Rd suite 304, Waltham, MA 02452
Dial Phone Number
p: (617) 438-4487
f: (803) 334-0748
Send E-mail to
e: fred.allard@movement.com

Market Update

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May 5, 2023

Fed’s latest hike pushes mortgage rates down

A 10th straight hike brought us to a 16-year high of the federal funds rate this past week as the Federal Open Market Committee approved a 25-basis point rate increase. Now, the overnight lending rate stands at 5.25%. The move was highly...

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Fred Allard
Fred Allard
Branch Leader
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271 Waverley Oaks Rd suite 304, Waltham, MA 02452
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NMLS # 36433

State License #MA-MLO36433, NC-I-226642, NH