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Glenn Tobin headshot

Glenn Tobin

Branch Manager
Movement Mortgage
NMLS ID # 855809

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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Glenn Tobin headshot
Glenn Tobin
Branch Manager
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105 Pleasant St, Stes 6 and 7, Hyannis, MA 02601
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NMLS # 855809

State License #CT- LO-855809, FL- LO60769, GA-855809, MA-MLO855809, NH