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Jeffrey Sutton

Jeffrey Sutton

Market Leader
Movement Mortgage
NMLS ID # 108239

Market Update

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September 20, 2024

Fed’s Rate Cut Boosts Inventory, but Market Remains Tight

The market is continuing to respond to the Federal Reserve's 50-basis point rate cut on Wednesday. Current sentiment suggests the Fed may successfully guide the economy toward a soft landing, bolstered by the recent jobless claims that indicate...

Jeffrey Sutton
Jeffrey Sutton
Market Leader
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124 Hebron Ave, Ste 2B, Glastonbury, CT 06033
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NMLS # 108239

State License #CT-LO-108239, FL-LO59963, MA-MLO108239, ME-Temporary Authority, NY Licensed Mortgage Banker-NYS Department of Financial Services, RI