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Geoff McCloskey

Loan Officer
Movement Mortgage
NMLS ID # 128871
261 Chapman Rd suite 105, Newark, DE 19702
Dial Phone Number
p: (302) 547-6686
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e: geoff.mccloskey@movement.com
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Market Update

Couple talking to financial advisor at home

December 16, 2022

Fed’s rate increase could mean good news for mortgage rates

The federal funds rate is now at its highest level in 15 years. Last week Federal Reserve Chair Jerome Powell, along with the Federal Open Market Committee, raised the overnight lending rate by 50-basis points putting it in a range of 4.25% to...

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Geoff McCloskey
Loan Officer
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261 Chapman Rd suite 105, Newark, DE 19702
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NMLS # 128871

State License #DE-MLO-128871, MD-128871, PA-28212

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