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Jay Vallieres headshot

Jay Vallieres

Market Leader
Movement Mortgage
NMLS ID # 194574
68 Randall St, South Burlington, VT 05403
Dial Phone Number
p: (802) 233-9917
o: (802) 230-4242
Send E-mail to
e: jay.vallieres@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.

Jay Vallieres headshot
Jay Vallieres
Market Leader
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68 Randall St, South Burlington, VT 05403
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NMLS # 194574

State License #FL-LO131666, NH, NY-Licensed Mortgage Banker-NYS Department of Financial Services, TX, VT-194574