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James McKibban

James McKibban

Loan Officer
Movement Mortgage
NMLS ID # 491647

Market Update

A56I8469

May 6, 2022

The Fed sets the tone as rates rise again

The Federal Reserve just made its most drastic move in two decades. The central bank increased the federal funds rate by a half a percentage point, moving the overnight lending rate to 0.75%-1%. The Fed also announced it will start to trim its...

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James McKibban
James McKibban
Loan Officer
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17877 Von Karman Ave, Ste 230, Irvine, CA 92614
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NMLS # 491647

State License #AK-AK491647, AL-83650, AR-129588, AZ-1013507, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI491647, CO-100530150, CT-LO-491647, DC-MLO491647, DE-MLO-491647, FL-LO104680, GA-491647, HI-491647, IA-49361, ID-MLO-2080491647, IL-031.0073833, IN-DFI-71184, KS-LO.0050411, KY-MC800676, LA, MA-MLO491647, MD-491647, ME, MI-491647, MN-MLO-491647, MO-491647, MS-491647, MT-491647, NC-I-218389, ND-NDMLO491647, NH, NJ - Licensed by the N.J. Department of Banking and Insurance, NM, NE, NV-61912, NY, OH-MLO-OH.491647, OK-MLO30583, PA-101428, OR, RI, SC-BFI-MLO-491647, SD-491647.MLO, TN-491647, TX-SML, VA-MLO-59744VA, VT-MLO-491647, WA-MLO-491647, WI-491647, WV-LO-491647, WY-105777