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James Ray profile image

James Ray

Loan Officer
Movement Mortgage
NMLS ID # 82440

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.

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James Ray profile image
James Ray
Loan Officer
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420 The Parkway, Ste E, Greer, SC 29650
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NMLS # 82440

State License #NC-I-139102, SC-MLO-82440, TN-113320, TX, VA-MLO-9500VA, AL-59712, AZ-0923272, FL-LO26063, GA-60954