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Hung Le headshot with transparent background

Hung Le

Senior Mortgage Loan Officer
Movement Mortgage
NMLS ID # 205697
3501 N Causeway Blvd. Suite 500, Metairie, LA 70002
Dial Phone Number
p: (504) 210-6697
f: (904) 779-3041
Send E-mail to
e: hung.le@movement.com

Market Update

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.

Hung Le headshot with transparent background
Hung Le
Senior Mortgage Loan Officer
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3501 N Causeway Blvd. Suite 500, Metairie, LA 70002
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NMLS # 205697

State License #AL-66764, AR-130449, CA-DFPI205697, FL-LO65834, GA-205697, IA-51252, IL-031.0081963, LA, MD-Temporary Authority, MI-205697, MS-205697, OH-MLO-OH.205697, IN-64767, TN-205697, VA-MLO-70411VA