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Jane Stanton

Jane Stanton

Market Leader
Movement Mortgage
NMLS ID # 12506

Market Update

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May 5, 2023

Fed’s latest hike pushes mortgage rates down

A 10th straight hike brought us to a 16-year high of the federal funds rate this past week as the Federal Open Market Committee approved a 25-basis point rate increase. Now, the overnight lending rate stands at 5.25%. The move was highly...

Jane Stanton
Jane Stanton
Market Leader
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78 Blanchard Rd, Ste 102, Burlington, MA 01803
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NMLS # 12506

State License #MA-MLO12506, NH