Skip to main content. Skip to contact links. Skip to navigation. If you wish for the loan officer to reach out to you, click to skip to their contact form. If you have questions for this loan officer, click to call them. If you need loan servicing, click to call our loan servicing department at 855-979-1084 Skip to footer navigation.
Jeff Rae

Jeff Rae

Branch Manager
Movement Mortgage
NMLS ID # 20932
82 Running Hill Rd, Ste 302, South Portland, ME 04106
Dial Phone Number
p: (207) 838-1398
Send E-mail to
e: jeff.rae@movement.com

Market Update

Top view Aerial view of Deep water port with cargo ship and container Singapore

September 20, 2019

Federal Reserve drops rates to keep economy growing

The Federal Reserve just cut rates by .25%, but that doesn’t mean your mortgage rate went down with it. In fact, average mortgage rates went up this week. So what’s going on that’s causing the changes? Get the details right now in this week’s Market Update.

Jeff Rae
Jeff Rae
Branch Manager
Wondering how much home you can afford? Let’s talk about your next move!
82 Running Hill Rd, Ste 302, South Portland, ME 04106
(opens in a new tab)
NMLS # 20932

State License #MA-MLO20932, ME-20932, NH