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Geoff McCloskey

Loan Officer
Movement Mortgage
NMLS ID # 128871

Market Update

White house

November 9, 2018

Election boosts equities, rates still rising

This week’s midterm elections proved to fall in line with history as the stock market showed significant wins for the week. The steadily growing economy only further solidified expectations that the Federal Reserve will raise interest rates in December with a potential of three to four hikes in 2019

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geoffrey mccloskey head shot
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